Aramco, Korean Entities Sign Ten Agreements at Saudi-Korean Investment Forum

• Wednesday, 19th January 2022
• by Fatma Ahmed

The Saudi Arabian Oil Company (Aramco) announced that it has signed an agreement in addition to nine Memoranda of Understanding (MoUs) with major Korean entities aiming to advance its downstream strategy and devel ...

QP, KOGAS Ink 20-year SPA for LNG Supply

• Tuesday, 13th July 2021
• by Editorial Team

Qatar Petroleum (QP) has signed a 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (KOGAS) to supply 2 million tons of liquified natural gas (LNG) per year (mmt/y) to the Republic of Korea.

Saudi Aramco, Samsung Ink Gas Deal

• Wednesday, 29th January 2020
• by Editorial Team

The project is known as Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS), located 260 kilometers (km) east of Saudi Arabia's capital Riyadh. The area includes a gas injection facility of 1,500 million standard ...

KNOC to Boost Investments in Egypt

• Wednesday, 21st August 2019
• by Mai El Ghandour

The Korea National Oil Corporation (KNOC) Chairman, Suyeong Yang stated that the company aims to expand its investments in Egypt to strengthen the bilateral relationship between the two countries, as well as for t ...

S. Korea to Invest $27b in Omani Downstream Projects

• Monday, 28th November 2016
• by Egypt Oil & Gas

South Korean companies will participate in Oman's large-scale energy and infrastructure projects worth over $27b.

Saudi Arabia Signs $900m KEXIM-Backed Loan for Power Plant

• Monday, 16th May 2016
• by Egypt Oil & Gas

Saudi Electricity Co (SEC) signed a $900m loan agreement with the Export-Import Bank of Korea (KEXIM) among other international lenders, to help finance the construction of a 2,640MW power plant in Shuqaiq.