Aramco | Egypt Oil & Gas - Part 19

Saudi Aramco Desperate for Loans

Informed sources, on condition of anonymity, told Reuters that Saudi Aramco is talking to banks about raising a $5b loan to help out a refinery it built in collaboration with China's Sinopec.

Oilfield Expansion Projects Delayed in Saudi Arabia

The planned expansion of the Khurais oilfield in Saudi Arabia has reportedly been delayed beyond the original 2017 schedule

Investigators Place Blame of Aramco Expatriate Fire on Short Circuit

The preliminary investigation into Sunday's fire at the Aramco residential complex found that the cause was a short circuit, said Arab News.

Aramco Fire Kills 11, Causes Unknown but Under Investigation

A fire at an oil workers' residential compound in Saudi Arabia broke out on Sunday, killing 11 people and injuring over 200 others,

Aramco Brownfield, Fixed-Price Contract Awarded To McDermott

McDermott International has won a lump sum contract from Saudi Aramco for offshore brownfield work

Egypt Signs $1.4b Saudi Aramco Deal

Egypt agreed a three-month oil products deal worth $1.4 billion with Saudi Arabia's state-owned Aramco to begin in September, Sherif Ismail told Reuters.

Saudi Refineries to Become Cleaner With Time

Saudi Aramco has revived plans to add a clean fuels unit in its biggest oil refinery in Ras Tanura and more environmentally-friendly units to its Rabigh refinery, industry sources said.

Aramco Resorts to Gasoil Spot Markets for Summer Power Needs

Saudi Aramco bought more than 1 million barrels of gasoil for July in the spot market despite new refining capacity, as hot summer weather boosts power demand for airconditioning

Aramco to Use Asian Talent in Global Refining Contest

Saudi Arabia's state oil firm is on a hiring spree in South Korea, as the world's top crude exporter seeks engineers to run plants in its soaring refining sector - setting it on course to compete with some Asian coun ...

Saudi Bahri Buying Hyundai-Made Oil Tankers

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude tankers from ship builders Hyundai Heavy Industries, the Riyadh-listed fir ...

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