Aramco | Egypt Oil & Gas - Part 3
Subsea7 Awarded Major Offshore Contract for Saudi Aramco Project
Subsea7, a global offshore service provider to oil and gas companies, has been awarded a major contract from Saudi Aramco under a long-term agreement (LTA) to develop offshore facilities in Saudi Arabia (KSA). The con...
Saudi Aramco, Iraqi SOMO Halt Crude Supply to Indian Nayara Amid EU Sanctions
Saudi Aramco and Iraq’s State Organization for the Marketing of Oil (SOMO) have halted selling crude oil to India’s Nayara Energy, to align with the sanctions imposed by the European Union on the refinery....
Aramco Inks a $11 billion Deal with Consortium Led by GIP
Aramco, a global leader in integrated energy and chemicals, has signed a $11 billion lease and leaseback agreement for its Jafurah gas processing facilities with a consortium of international investors, led by Global...
Aramco Negotiates to Increase LNG Purchases from USA
Oil giant Saudi Aramco is currently negotiating with US-based Commonwealth LNG to purchase liquefied natural gas (LNG) from the planned export terminal in Cameron, Louisiana, according to four sources cited by Reuters... Aramco considers Asset Sales to Raise Cash
Saudi state-owned oil major, Aramco, is considering selling up to five gas-fired power plants to raise cash, Reuters reported, quoting three people familiar with the situation. The decision is part of a broader plan t...
Falling Crude Prices Slows Down an Oil-Backed Deal between Aramco and Nigeria
Nigeria and Saudi Arabia’s state oil giant, Aramco, are facing challenges in finalising a landmark $5 billion oil-backed loan, according to Reuters. The falling crude prices have raised concerns among banks expected t...
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 Medium Ter...
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 nat...
