Aramco | Egypt Oil & Gas - Part 12

Egypt, Aramco Discuss Oil Cooperation

There are good opportunities for investment and expansion of existing cooperation between Egypt and Saudi Aramco, said Ibrahim al-Buainain, CEO of Aramco Trading Company, a subsidiary of Saudi Aramco, Egypt Oil & ...

Aramco Facilities Remain Operational after Missile Report

Saudi Aramco affirmed that their plants and facilities in the Najran province are fully operational, after reports of a short-range ballistic missile being fired towards an Aramco facility by the Yemeni Houthi movemen...

Construction Begins on Aramco Shipyard

Construction has begun on Saudi Aramco joint venture shipyard on Saudi Arabia’s eastern coast following the agreement for a loan from the Saudi Industrial Development Fund (SIDF), Reuters reported. The joint venture, ...

Aramco: $20 Trillion Needed for Global Petroleum Sector

The global oil and gas sector needs over $20 trillion investments through the coming 25 years in order to achieve the forecasted demand growth and to compensate for the developed fields’ natural decline, said Amin Nas...

Saudi Aramco to Supply China’s Huajin with 12 M Oil Barrels

Saudi Aramco has approved providing 12 million barrels of crude oil to China’s Huajin Chemical Industries Group Corporation based on an annual deal, Reuters reported. The deal is the second sealed between Aramco and H...

Saudi Arabia, Russia Increase Energy Cooperation

Saudi Arabia and Russia are continuing to strengthen their relations in the energy sector, according to a report published by Oil Price. The report reveals that Russia has offered to support Saudi Crown Prince Mohamme...

Aramco Signs Chemical Technology Agreement

Saudi Aramco has signed an agreement with two US companies to use their technologies in order to turn crude oil to chemicals, which will help the kingdom boost its petrochemical business, Reuters reported. The Joint D...

Aramco Seeks Cheap Loans ahead of IPO

Saudi Aramco is seeking to raise billions of dollars through cheap bank loans in order encourage strong ties with banks before its stock listing, banking sources and sources at Export Credit Agency (ECA) told Reuters....

Aramco Turns into a Joint-Stock Company

Saudi Arabia has converted its giant Aramco into a joint-stock company right before its initial public offering (IPO) planned for later 2018, Reuters reported. The company’s conversion, which was announced in a cabine...

Sadara Launches First Polyols Plant in Saudi Arabia

Sadara Chemical Company, a $20 billion worth joint venture between Saudi Aramco and the American corporation Dow Chemical, has commenced production at its polyols plant, which is considered to be the first in Saudi Ar...

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