Aramco | Egypt Oil & Gas - Part 8

Saudi to Export Full June Volumes of Crude to Asian Refiners

Saudi Arabia intents to supply full volumes of crude oil to at lease four Asian refineries in June.

Aramco Hits a Leap of 30% in Income in Q1 2021

Hitting a total of $21.7 billion in Q1 2021, Saudi Aramco recorded a 30% net income increase year-on-year (YoY) compared to Q1 2020 when the company witnessed net income of $16.7 billion.

Saudi Arabia in Discussions to Sell 1% Stake in Aramco

Crown Prince Mohammed bin Salman stated that Saudi Arabia is in discussions to sell 1% of Aramco to a leading global energy company, according to Reuters.

Mubadala May Join Aramco Oil Pipeline Deal of $12 B

Mubadala Investment Company announced that it is going into negotiations with the U.S. investor EIG Global Energy Partners LLC, which is the lead member in the consortium that will invest in Saudi Aramco’s Oil Pip ...

Aramco, EIG Sign Infrastructure Investment Deal

Aramco signed infrastructure investment agreement with a consortium led by EIG Global Energy Partners (EIG) through a lease-and-lease-back agreement including Aramco’s stabilized crude oil pipeline network with ab ...

Aramco’s Production Averages at 12.4 mmbbloe/d in 2020

Saudi Arabia’s Aramco achieved an average production of hydrocarbon of 12.4 million barrels per day of oil equivalent (mmbbloe/d) in 2020, of which 9.2 million barrels per day (mmbbl/d) were of crude oil.

Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund

Saudi Arabia Ruler, Prince Mohamed bin Salman, announce, that the state-owned Aramco Company will sell more shares as apart of its plan to reinforce the kingdom’s Sovereign Wealth Fund.

Aramco, stc Launch Dammam 7 Supercomputer

The companies of Aramco and stc announced the launch of a new supercomputer under the name of Dammam 7 which is one of the top ten most powerful computers in the world

Aramco Seeks a $7.5 B Loan for Pipelines Investors

Saudi Aramco is seeking to a loan costs $7.5 billion for potential investors in its oil pipelines.

Japan Reaches Joint Storage Deal with KPC

Japan announced that it conducted a joint deal for oil storage with Kuwait Petroleum Corporation (KPC).

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