Saudi Arabia | Egypt Oil & Gas

Arabian Drilling Secures 10-Year Contract Extension with Saudi Aramco

Arabian Drilling, a drilling services provider in Saudi Arabia, has secured a 10- year extension contract for one of its land rigs operating for Saudi Aramco. The contract will commence immediately upon the conclu ...

Saipem Secures Two Offshore Contracts Costs $1B in Saudi Arabia

Saipem has announced that it has been awarded two offshore contracts including Saudi Arabia under its existing long-term agreement with Saudi Aramco with investments estimated approximately at $1 billion.

Saudi to Increase Crude Oil Supply to China, Reaching 44 mmbbl

Saudi crude oil exports to China will rebound in August to at least 44 million barrels (mmbbl) after deep price cuts by state energy firm Saudi Aramco supporting demand, according to Reuters.

Saudi Arabia Reveals Seven Major Oil, Natural Gas Fields Discoveries

Saudi Aramco has discovered two unconventional oil fields, one Arabian light oil reservoir, two natural gas fields, and two natural gas reservoirs in the Eastern Province and the Empty Quarter, said Minister of En ...

European Commission, Saudi Arabia Talk Energy MoU

Saudi Minister of Energy, Abdulaziz bin Salman, and the European Commissioner for Energy, Kadri Simson, talked about cooperation in energy and clean technologies as a means to strengthen bilateral ties, support th ...

El Molla Highlights Mining Sector Development in Egypt During International Mining Conference

Minister of Petroleum and Mineral Resources Tarek El Molla has highlighted the comprehensive development and upgrading of Egypt's mining sector through the implementation of an integrated modernization program.

TAQA Arabia to Establish Limited Liability Company in Saudi Arabia

TAQA Arabia announced completing the procedures for establishing a limited liability company in Saudi Arabia.

ADES Reveals IPO Plan, Expected to List 30% Stake on Tadawul

ADES International has announced its plans to float 30% of its share capital on the Saudi Tadawul. The company’s IPO offers 338,718,754 ordinary shares, which will be listed and traded on the Saudi Exchange’s Main ...

Town Gas Establishes First Overseas Branch in Saudi Arabia

The Egyptian Company for Natural Gas Distribution (Town Gas), a firm which has played a pivotal role in delivering natural gas to facilities and homes, has completed the establishment of its first overseas branch ...

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