Aramco | Egypt Oil & Gas - Part 14
Egypt Received $1.2b in Oil from Aramco
Since May 2016, Egypt has received oil cargos from Saudi Aramco worth $1.2b. Egypt received 700,000t of petrol every month for the last 4 months.
Egypt will Not Import Oil from Iran
Egypt is not in negotiations with Iran on crude oil imports, while the agreement with Saudi Aramco is still valid.
Egypt Received Oil Cargos
Egypt has received oil cargos, after Saudi Aramco informed that it will not be able to provide October's 700,000t shipment.
Aramco, Turkey Signed MoUs
Saudi oil giant Aramco signed memoranda of understanding (MoU) with 18 Turkish firms in different sectors such as construction, power generation and related services.
Egypt, Saudi Arabia Discussed Oil Cooperation
The Egyptian Minister of Petroleum, Tarek El Molla, met with his Saudi counterpart, Khalid Al Falih, to discuss methods of mutual cooperation between the two countries.
Aramco to Invest a $334b by 2025
Saudi Arabia's state-owned oil giant Aramco plans to invest a total of about $334b by 2025 on upstream oil and gas.
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%.
