Aramco | Egypt Oil & Gas - Part 12
Aramco Awarded KAD With Pipeline EPC
The Saudi Arabian oil giant, Aramco, has awarded Saudi KAD 4 lucrative procurement and construction contracts (EPC) to build pipelines with investment projected at $1.33b.
Aramco to Reduce Stake in Indonesian Refinery Upgrade
Saudi Arabia's oil and gas giant, Aramco, has asked to cut its shares in a proposed $5.5b refinery project in Indonesia to 30% from 45%.
Saudi Arabia Opens IPOs to Foreign Investors
Saudi Arabia's Capital Market Authority (CMA) announced new rules permitting foreign investors to buy shares directly in initial public offerings (IPO). The new policy will take effect at the start of 2017.
YASREF Appoints Ennpi to Design Exportation Facility
Yanbu Aramco Sinopec Refining (YASREF) assigned Ennpi to completed design work associated with a project aiming to facilitate the exportation of refined fuels to Saudi Arabia's Aramco.
Egypt’s Diesel Reserves to Cover 5 Days of Demand
Egyptian General Petroleum Corporation's Chairman, Tarek El Hadidi, stated that Egypt has enough diesel stored to cover five days of local demand, with import cargos arriving regularly. He added that Saudi Arabia's A ...
Saudi Maintains Near-Record Crude Output
Saudi Arabia keeps pumping at near-record levels to defend sales in Asia, its biggest market, amid an increase in global supply. In addition, Saudi Aramco, the state-run oil giant, said that both its drilling and IPO ...
Siemens Delivers First Saudi-Made Gas Turbines
Technology major Siemens has delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan, Saudi Arabia.
Aramco Eyes $13b Fadhili Gas Plant Online by 2019
State oil giant Saudi Aramco announced it had signed four engineering contracts to build its Fadhili gas processing project worth more than $13b.
