Aramco | Egypt Oil & Gas - Part 19

Riyadh’s Oil Outputs to Impact Global Economy, Not Aramco IPOs

Saudi Arabia’s oil production levels will be far more significant to the global economy than Aramco’s plans for the initial public offerings (IPOs) selling shares in its upstream and downstream facilities, accor...

Aramco Targets Downstream Sector in Privatization Bid

Saudi Aramco’s publicized plans to sell its shares on the open market are expected to target the downstream sector exclusively, well-informed sources told Reuters. According to the initial announcements, no stak...

El Molla: Egypt Awarded Tender for Oil Products Supply in January

Egypt has awarded petroleum tenders to a number of companies to supply Egypt with oil products in the month of January, until a five year deal with Saudi Arabia is concluded as expected in early 2016, Petroleum Minist...

Egypt Seeking Greater Saudi Investment

Egyptian Prime Minister, Sherif Ismail will meet with Saudi government officials and investors with the goal of increasing economic ties, Ahram Online reports. The meeting comes weeks after Ismail and several minister...

EGPC Waiting for $300m in Delayed Aramco Shipments

The Egyptian General Petroleum Company (EGPC) has urged Saudi’s Aramco to provide $300m in delayed petroleum shipments that were a part of a $1.4b deal that was due to end last November, Daily News Egypt reports...

Saudi Sadara Builds First Solution PE Plant in Middle East

Saudi Arabia’s Sadara Chemical Company has successfully started up its first linear low density polyethylene (LLDPE) production plant at its Jubail complex, reported ICIS. “The plant is designed to produce 375,0...

Saudi Aramco Invests in Local Chain Supply

Saudi Aramco has announced its plan to double the amount of local sources used in its supply chain to 70 %, and thus increase its overall direct domestic investments worth $300b by 2021, Trade Arabia informed. The aim...

Aramco Planning Supply Chain Forum for Saudi Energy Sector

Saudi Aramco announced that it will host a one-day invitation-only forum for key suppliers on December 1, 2015 in Dammam, Saudi Arabia, reported MENAFN . The forum will introduce the company’s In-Kingdom Total V...

Aramco Targeting Asia Market Expansion with Singapore Office

Industry sources told Reuters that Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has started a Singapore office to market oil products. It is believed that Nader Al-Arfaj has been hired for the job, ...

China Helping Saudi Expand Gas Operations

Industry sources told Reuters that China’s Shandong Electric Power Construction Corp (SEPCO) has signed a contract to build a gas compressor station as part of the expansion of Saudi Arabia’s main gas pipe...

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