Petro Rabigh, an integrated refining and petrochemical facility, makes transport fuels and petrochemicals for packaging, clothing, construction, and medical supplies.
Rabigh Refining and Petrochemical Company’s board member **Othman Bin Ali Al-Ghamdi** has resigned, effective **October 31, 2026**. The company will appoint a replacement in the coming months. No further details on succession or operational impact have been disclosed.
Worley secures an engineering contract for the Petro Rabigh project. The company will provide technical expertise and design services for the facility, supporting Saudi Arabia’s refining and petrochemical expansion. This follows Worley’s recent growth in energy sector projects across the Middle East.
Rabigh Refining & Petrochemical Co. (Petro Rabigh) reports a **SAR 2.57 billion net profit** in Q3 2026, reversing a **SAR 1.23 billion loss** from the same quarter last year. The company’s preliminary nine-month results, released September 30, 2026, mark a significant financial turnaround. Petro Rabigh operates a major refining and petrochemical facility in Saudi Arabia’s Rabigh Industrial City.
Petro Rabigh Refining and Petrochemical Co. reduces its debt to **SAR 14 billion** and pivots toward **sustainable growth and long-term shareholder value**, according to its CFO. The company signals a strategic shift beyond recovery, emphasizing operational expansion and financial health as key priorities.
