Saudi Aramco Modifies Plans to House Workers

• Wednesday, 18th February 2015
• by Egypt Oil & Gas

Saudi Arabian Oil Co. is seeking partners to help build commercial properties in a 10,000-home project as the state-owned crude exporter takes a direct role in constructing accommodation for its employees.

Magseis to Conduct Geological Surveys in Saudi Red Sea

• Monday, 9th February 2015
• by Egypt Oil & Gas

Saudi Arabian Oil Co., the world’s largest crude exporter, is pressing ahead with a project to produce natural gas from the Red Sea by pursuing a geological survey of the area, according to Norway’s Magseis AS.

Aramco Red Sea Reversal

• Tuesday, 3rd February 2015
• by Egypt Oil & Gas

Saudi Aramco is postponing its Red Sea deepwater exploration plans due to its high cost amid a low crude price environment, according to a report

Aramco and Sinopec Refinery Loading Second Cargo

• Thursday, 29th January 2015
• by Egypt Oil & Gas

A new joint-venture refinery in Saudi Arabia will load its second diesel cargo and started gasoline production earlier this week, a source close to the company

Aramco: Oil Price ‘Too Low’

• Wednesday, 28th January 2015
• by Egypt Oil & Gas

World oil prices have fallen too far, the president of state-owned energy giant Saudi Aramco said on Tuesday, stressing it was for the market not OPEC producers to shore them up.

Saudi Aramco Boosting Gas Production

• Monday, 26th January 2015
• by Egypt Oil & Gas

Saudi Arabian Oil Co. plans to start natural gas production at a field near Jordan next year as the world’s biggest crude exporter is “investing big in gas,” CEO Khalid Al-Falih said.