Economy







Sipchem pays $100m to raise stakes in 2 units

JEDDAH: Saudi International Petrochemical Co. (Sipchem) said it has paid 375.3 million riyals ($100.1 million) to raise its stake in two subsidiaries.



Jazan refinery: Petrofac awards contract to Bertin Technologies

JEDDAH: Petrofac, a leading service provider to the international oil and gas industry, awarded a contract to Bertin Technologies, a subsidiary of CNIM group, to supply, install and commission a pione






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