Aramco | Egypt Oil & Gas - Part 3

Aramco Signs Agreement with Petrovietnam for Energy, Petrochemical Cooperation

Aramco has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group, Petrovietnam, to explore opportunities for cooperation in storage and the supply and trading of energy and petrochemical produc ...

Saipem Secures Two Offshore Contracts Costs $1B in Saudi Arabia

Saipem has announced that it has been awarded two offshore contracts including Saudi Arabia under its existing long-term agreement with Saudi Aramco with investments estimated approximately at $1 billion.

Aramco Cooperate with KAUST University For Energy Transition, Sustainability Goals

Aramco has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to support research that aims to deliver environmental and commercial benefits. 

Aramco Beats Estimates with Profits of $29.3B in Q2 2024

Aramco has reported a net income of 109.01 billion riyals ($29.03 billion) in the three months to June 30, beating a company-provided median estimate from 15 analysts of $27.7 billion.

Aramco, Air Products Qudra Cooperate to Develop Lower-Carbon Hydrogen Production Business

Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly owned subsidiary of Air Products Qudra (APQ). The agreement will al ...

Saudi to Increase Crude Oil Supply to China, Reaching 44 mmbbl

Saudi crude oil exports to China will rebound in August to at least 44 million barrels (mmbbl) after deep price cuts by state energy firm Saudi Aramco supporting demand, according to Reuters.

Aramco Awards Over $25B Contracts for Strategic Gas Expansion Projects

Aramco has awarded contracts worth more than $25 billion to progress its strategic gas expansion in the phase two development of the vast Jafurah unconventional gas field, phase three expansion of Aramco’s Master ...

Aramco Signs 5 mtpa LNG Sale, Purchase Deal with Sempra for 20 Years

Aramco and North America energy infrastructure company, Sempra have concluded a non-binding Heads of Agreement (HoA) through their respective subsidiaries. This agreement paves the way for a 20-year Sale and Purch ...

Aramco Announces Updates of Remarkable Projects in H1 Results

Aramco Company has announced that it is proceeding in its upstream developments including the Marjan, Berri, Dammam, and Zuluf crude oil increments, as part of broader capacity expansions.

Aramco’s Cash Flow from Operating Activities Reached $39.6B in Q1 2023

Aramco announced a net income of $31.9 billion in Q1 2023 and a strong cash flow from operating activities of $39.6 billion as well as a free cash flow of $30.9 billion.

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