Mwg Enterprises

Construction & Real Estate

US-Saudi consortium Mera Oil shortlists three GCC sites for $5bn refinery

Mon, 03 Aug 2026

MWG Enterprises, a US-based energy development company, said it has - in partnership with Patel Family Office and PWS, a company of Saudi Arabia’s AHQ Group - entered the final ​stage of site selection for its planned $5 billion integrated refinery and energy export corridor.

Energy, Oil & Gas

US-Saudi Mera Oil advances final site selection for $5bn refinery project

Wed, 29 Jul 2026

US-Saudi consortium Mera Oil has entered the final stage of selecting a host location for its planned $5 billion integrated refinery and energy export corridor. Following three years of evaluation, three GCC sites outside the Strait of Hormuz have been shortlisted.