Sinopec, Aramco Start Building Petrochemical Complex in China
Sinopec has announced the start of constructing a refinery and a petrochemical complex in cooperation with Aramco in Southeast China’s Fujian province.
Aramco | Egypt Oil & Gas
Arabian Drilling Secures 10-Year Contract Extension with Saudi Aramco
Arabian Drilling, a drilling services provider in Saudi Arabia, has secured a 10- year extension contract for one of its land rigs operating for Saudi Aramco. The contract will commence immediately upon the conclu ...
Aramco Reports $27.6B Net Income for Q3, Beating Estimates
Aramco announced on Tuesday a net income of $27.6 billion for the three months ending September 30, exceeding the company-provided median estimate of $26.9 billion. It also surpassed Citi's forecast of $26.3 billi ...
Aramco Signs Agreement with Petrovietnam for Energy, Petrochemical Cooperation
Aramco has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group, Petrovietnam, to explore opportunities for cooperation in storage and the supply and trading of energy and petrochemical produc ...
Saipem Secures Two Offshore Contracts Costs $1B in Saudi Arabia
Saipem has announced that it has been awarded two offshore contracts including Saudi Arabia under its existing long-term agreement with Saudi Aramco with investments estimated approximately at $1 billion.
Aramco Cooperate with KAUST University For Energy Transition, Sustainability Goals
Aramco has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to support research that aims to deliver environmental and commercial benefits.
Aramco Beats Estimates with Profits of $29.3B in Q2 2024
Aramco has reported a net income of 109.01 billion riyals ($29.03 billion) in the three months to June 30, beating a company-provided median estimate from 15 analysts of $27.7 billion.
Aramco, Air Products Qudra Cooperate to Develop Lower-Carbon Hydrogen Production Business
Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly owned subsidiary of Air Products Qudra (APQ). The agreement will al ...
Saudi to Increase Crude Oil Supply to China, Reaching 44 mmbbl
Saudi crude oil exports to China will rebound in August to at least 44 million barrels (mmbbl) after deep price cuts by state energy firm Saudi Aramco supporting demand, according to Reuters.
Aramco Awards Over $25B Contracts for Strategic Gas Expansion Projects
Aramco has awarded contracts worth more than $25 billion to progress its strategic gas expansion in the phase two development of the vast Jafurah unconventional gas field, phase three expansion of Aramco’s Master ...
