Shipping Services Firm Makes ‘Unique’ Entrance to Saudi Arabia

• Wednesday, 25th November 2015
• by Egypt Oil & Gas

Unique Group, the leading integrated subsea and offshore solution provider, is making its first move into the Kingdom of Saudi Arabia, reported Trade Arabia. It opened two new facilities in Riyadh and Dammam, signalin...

Saudi-Russia Price War Extends to European Theatre

• Sunday, 18th October 2015
• by Egypt Oil & Gas

Oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi grades thanks to aggressive price discounting, reported Reuters. “I’m buying less and less Russian crude for my...

Saudi Sipchem Makes Moves to Buy Kuwait Subsidiaries

• Thursday, 25th June 2015
• by Egypt Oil & Gas

Saudi International Petrochemical Co (Sipchem) has agreed to pay $100.2 million to raise its stake in two local subsidiaries, it said on Wednesday. The firm will buy stakes owned by Kuwait’s Ikarus Petroleum Ind...

Saudi Solar to Up National Power Contribution in 2032, Report

• Thursday, 23rd April 2015
• by Egypt Oil & Gas

Increasing government focus on renewable energy programme coupled with rising power demand will drive Saudi Arabia’s solar power market to experience robust growth rate through 2020, a report said. Being located...