• Upstream
  • Pipelines & Transport
  • Downstream
Friday, October 24, 2025
Oil&Gas Advancement
OFFSHORE ENERGY
  • Home
  • News
    Khor-Mor-Gas-Field-in-Iraq

    Khor Mor Gas Field in Iraq to Increase Its Output by 50%

    Oil And Gas Discovery in Orange Basin

    Oil and Gas Discovery in Orange Basin Offshore Namibia

    Oil and Gas Needs More Investment

    OPEC+ Stresses that Oil and Gas Needs More Investment

    Rosebank Oil Field Project

    Equinor Makes Fresh Case to Drill Rosebank Oil Field Project

    Predictable Oil Gas Supply from Norway

    Oil Giants Prefer Predictable Oil & Gas Supply from Norway

    Offshore Oil and Gas

    $4bn Offshore Oil-And-Gas Project Launched in Qatar

    Petroleum Industry of Serbia

    U.S. Puts Sanctions on the Petroleum Industry of Serbia

    27 Stake by QatarEnergy

    27% Stake by QatarEnergy in North Cleopatra Offshore Egypt

    Oil and Gas Permission

    Oil And Gas Permission Still on During US Shutdown

  • Projects
    Khor-Mor-Gas-Field-in-Iraq

    Khor Mor Gas Field in Iraq to Increase Its Output by 50%

    27 Stake by QatarEnergy

    27% Stake by QatarEnergy in North Cleopatra Offshore Egypt

    Tamboran to acquire Falcon Oil Gas

    Tamboran to Acquire Falcon Oil & Gas in Australia

    Subsea Production Systems

    TechnipFMC Gets Petrobras Subsea Production Systems Deal

    Oil and Gas Exploration

    Egypt Signs 3 Deals worth Over $121M for Oil and Gas Exploration

    13bn Worth Iraq Project

    QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

    25 Billion LNG Project

    McDermott Gets Key Contract for $25 Billion LNG Project

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    LongTerm Interests of Russia Saudi Arabia

    OPEC+ Key to Long-Term Interests of Russia, Saudi Arabia

    Oil and Gas Permission

    Oil And Gas Permission Still on During US Shutdown

    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Downstream

Chemanol inks technical licensing agreement for MDEA project

in Downstream, Gases, News
German Energy Regulator Does Not Dwarf Tough Road Ahead
Share on FacebookShare on Twitter

Methanol Chemicals Co. (Chemanol) has recently signed a significant technical licensing agreement with an international company that holds the proprietary technology for producing methyl diethanolamine (MDEA). This agreement allows Chemanol to leverage advanced technology for the manufacture of MDEA, targeting a production capacity of 25,000 metric tons annually. According to a statement released to Tadawul, the company expects the project to begin its initial operations by the fourth quarter of 2027.

Methyl diethanolamine is a specialized chemical compound with broad applications across various critical industries. It plays a vital role in sectors such as oil and gas, where it is used in processes like gas treatment, extraction of environmentally harmful gases, and carbon capture and storage technologies. The introduction of this new MDEA production project is aimed at strengthening the local production capabilities for such specialized chemicals, which in turn will reduce the country’s reliance on imported MDEA and related compounds. This shift is particularly important for the oil and gas sector, which relies heavily on these chemicals for its operations.

The statement from Chemanol emphasized that while the project’s potential to enhance local chemical production is clear, the precise financial impact remains uncertain at this stage. The company noted that a thorough assessment will be conducted to evaluate the financial and technical aspects of the project once all studies are completed. This assessment will be influenced by various market conditions prevailing at the time of the project’s operational launch. Chemanol has committed to keeping stakeholders informed, promising to announce any significant updates or developments related to the financial implications of the project as they become available.

In summary, this licensing agreement marks a strategic move for Chemanol, positioning the company to advance its production capabilities in the field of specialized chemicals. By reducing dependence on imports and enhancing local manufacturing, the project aligns with broader goals of self-sufficiency and industry advancement in the region. As the project progresses, Chemanol will provide further details on its financial impact and operational milestones, ensuring transparency and keeping interested parties up to date with relevant developments.

Chemanol is a globally recognized, highly integrated producer of methanol, formaldehyde, and their derivatives. It ranks among the world’s largest formaldehyde producers at a single site and is the leading manufacturer of methanol, formaldehyde, and derivatives in the Middle East and North Africa (MENA) region. Chemanol boasts a total annual production capacity of 914,600 metric tons, offering a diverse portfolio of 26 core product grades. These products are distributed to more than 50 countries across the globe and serve over 20 different industries. The company is supported by a dedicated workforce of over 500 employees.

Previous Post

SLB launches carbon storage well integrity assessment solution

Next Post

QatarEnergy, KPC sign 15-year agreement for the supply of up to 3 MTPA of LNG to Kuwait

Related Posts

Khor-Mor-Gas-Field-in-Iraq
News

Khor Mor Gas Field in Iraq to Increase Its Output by 50%

October 24, 2025
Oil And Gas Discovery in Orange Basin
News

Oil and Gas Discovery in Orange Basin Offshore Namibia

October 24, 2025
Oil and Gas Needs More Investment
Middle East & South Asia

OPEC+ Stresses that Oil and Gas Needs More Investment

October 24, 2025
Rosebank Oil Field Project
News

Equinor Makes Fresh Case to Drill Rosebank Oil Field Project

October 17, 2025
Predictable Oil Gas Supply from Norway
News

Oil Giants Prefer Predictable Oil & Gas Supply from Norway

October 17, 2025
Offshore Oil and Gas
News

$4bn Offshore Oil-And-Gas Project Launched in Qatar

October 15, 2025
Next Post
QatarEnergy enters 10-year naphtha supply agreement with India’s Haldia Petrochemicals

QatarEnergy, KPC sign 15-year agreement for the supply of up to 3 MTPA of LNG to Kuwait

LatestNews

Oil And Gas Discovery in Orange Basin
News

Oil and Gas Discovery in Orange Basin Offshore Namibia

October 24, 2025
Oil and Gas Needs More Investment
Middle East & South Asia

OPEC+ Stresses that Oil and Gas Needs More Investment

October 24, 2025
Rosebank Oil Field Project
News

Equinor Makes Fresh Case to Drill Rosebank Oil Field Project

October 17, 2025
Predictable Oil Gas Supply from Norway
News

Oil Giants Prefer Predictable Oil & Gas Supply from Norway

October 17, 2025
Offshore Oil and Gas
News

$4bn Offshore Oil-And-Gas Project Launched in Qatar

October 15, 2025
Petroleum Industry of Serbia
Downstream

U.S. Puts Sanctions on the Petroleum Industry of Serbia

October 13, 2025
Tashkent Uzbekistan 2026

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.