Aramco Completes $5Bn Bonds Issuance
Aramco, a world leader in integrated energy, announced the successful completion of a $5 billion bonds issuance.
The issuance was carried out in three tranches at the London Stock Exchange, under its Global ...
Aramco | Egypt Oil & Gas - Part 3
Aramco Deploys First-Ever Iron-Vanadium Flow Battery for Natural Gas Operations
Aramco, one of the world’s leading integrated energy and chemicals companies, launched the first megawatt (MW)-scale renewable energy storage system using Iron-Vanadium (Fe/V) flow battery to store solar power for ...
EDC Drills 200 Wells in 2024, Targets Expansion in New Markets
The Chairman of the Egyptian Drilling Company (EDC), Osama Kamel, revealed that the company was able to drill 200 new wells and repair over 600 in 2024. He showcased the company's performance, noting that it added ...
Aramco Signs $90bn in Agreements with US Companies During Trump Gulf Tour Â
Aramco, the Saudi oil giant, signed 34 Memoranda of Understanding (MoUs) and agreements totalling $90 billion with major US companies on the fringe of US President Trump's tour in which Saudi Arabia was the first ...
Aramco Successfully Acquires 50% of APQ’s Interests in BHIG
Aramco and Air Products Qudra (APQ) announced that Aramco completed the acquisition of a 50% equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG).
Aramco Reports 12% Profit Decline in 2024 Amid Lower Crude Prices
Aramco has reported a 12.4% decline in net income in its fiscal year results of 2024, reaching 398.4 billion riyals ($106.25 billion), from 454.8 billion riyals ($121 billion) recorded in 2023 due to lower realize ...
Baker Hughes Secures Gas Technology Order for Jafurah Gas Field’s Third Expansion Phase
Baker Hughes has secured an order to provide six gas compression trains and six propane compressors for the third expansion phase of Aramco’s Jafurah gas field in Saudi Arabia. The order awarded by Tecnicas Reunid ...
Aramco Secures First US Crude Cargo, Shaping Brent Oil Market
Saudi Aramco has purchased its first cargo of WTI Midland, a U.S. crude oil grade that underpins the global Brent benchmark, according to Reuters. The transaction took place on Tuesday in the Platts trading window ...
Sinopec, Aramco Start Building Petrochemical Complex in China
Sinopec has announced the start of constructing a refinery and a petrochemical complex in cooperation with Aramco in Southeast China’s Fujian province.
Arabian Drilling Secures 10-Year Contract Extension with Saudi Aramco
Arabian Drilling, a drilling services provider in Saudi Arabia, has secured a 10- year extension contract for one of its land rigs operating for Saudi Aramco. The contract will commence immediately upon the conclu ...
