SABIC | Egypt Oil & Gas

Aramco, SABIC Earn World’s First TÜV Certificate of Accreditation for “Blue” Ammonia, Hydrogen Products

ABIC Agri-Nutrients Company (“SABIC AN”) and the Saudi Arabian Oil Company (“Aramco”) have been recognized as the world's first independent certification in "blue" hydrogen and ammonia production.

SABIC, OQ Sign MoU for New Petrochemical Project in Oman

SABIC signed a memorandum of understanding (MoU) with OQ to support the feasibility study for developing a petrochemical project in the Special Economic Zone of Duqm (SEZAD) in Oman.

Baker Hughes, SABIC Join Forces in Strategic Framework Alliance Agreement

Bently Nevada, a Baker Hughes business, has finalized a strategic framework alliance agreement with Saudi Basic Industries Corporation (SABIC) to supply asset performance management services.

SABIC and ExxonMobil JV Begin Commissioning Activities for Initial Startup

Saudi Basic Industries Corporation ( SABIC), majority owned by Saudi Aramco, announced that it has started commissioning activities and preparations for initial start-up of the joint venture project with ExxonMobi ...

Saudi SABIC Foresees H2 Strong Performance

In Q2 2021, the company's sales increased by 72.3% reaching around $11.3 billion, compared to approximately $6.6 billion a year earlier.

Aramco, SABIC Re-evaluate $20 B Petrochemical Project

The world’s largest oil company, Saudi Aramco, and Saudi Basic Industries (SABIC) have re-evaluated their $20 billion crude-oil-to-chemicals project with a view to integrating existing facilities instead.

Aramco Produces, Ships World’s First Blue Ammonia

Aramco and the Institute of Energy Economics Japan (IEEJ), in partnership with SABIC, have successfully produced and shipped the world’s first batch of blue ammonia from Saudi Arabia.

Saudi Firms to Create $11 B Petrochemicals Business

Saudi Industrial Investment Group and National Petrochemical Company have initiated talks to merge the two companies, resulting in an $11 billion petrochemical enterprise.

Saudi Aramco Plans to Cut Capital Spending Further

Saudi Aramco plans to further cut capital expenditure (Capex) in an attempt to try and pay for the $75 billion dividends that were promised to investors.

Saudi Aramco Intends to Boost Capacity by 1 MMBBL/D

Saudi Aramco has announced its intention to boost crude output by an estimated 1 million barrels of oil per day (mmbbl/d) to a total of 13 mmbbl/d, despite the company’s recent cuts in capital expenditure (Capex). ...

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