Aramco | Egypt Oil & Gas - Part 21
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, reported Reuters. “At 05:45 today a fire was reported in the basement of ...
Aramco Brownfield, Fixed-Price Contract Awarded To McDermott
McDermott International has won a lump sum contract from Saudi Aramco for offshore brownfield work, announced Trade Arabia. The award comes hot on the heels of the second Long Term Agreement (LTA) McDermott and Saudi ...
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. The deal stipulates that Egypt pay Aramco within a year, ...
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. There has been a shift in Middl...
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, industry sources said. Saudi Aramco P...
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 wit...
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 firm...
Saudi Reforms of Oil Sector to Make Aramco More Independent
Saudi Arabia has approved a restructuring of Saudi Aramco that includes separating it from the oil ministry, a Saudi-owned TV station reported, in a decision analysts said aims to make the state oil giant more transpa...
