Saudi Arabia | Egypt Oil & Gas

Saipem Secures €900 Mn Gas Compression Plant Contract in Saudi Arabia

Italian energy services company Saipem has been awarded a new onshore contract for the Uthmaniyah Gas Compression Plant project in Saudi Arabia, with Saipem’s share of the contract valued at about €900 million, no ...

Saudi Arabia Faces Summer Power Crunch

Saudi Arabia to increase its reliance on imported fuel oil for power generation this summer, following a loss of natural gas supplies from oilfields shut down after the Iran war curtailed its oil exports, Analysts ...

UAE to Double Oil Exports by 2027 With New Fujairah Pipeline Bypassing Hormuz

The UAE will accelerate construction of a new oil pipeline to the port of Fujairah, aiming to double export capacity by 2027, according to the Abu Dhabi Media Office. Crown Prince Sheikh Khaled bin Mohamed bin Zay ...

Saudi Crude Exports to China Expected to Hit Record Low in June

Saudi Arabia’s crude oil exports to China are set to decline further in June, as Chinese refiners reduce demand in response to higher prices linked to US –Iran tensions, industry sources said to Reuters.

Saipem Secures Two Offshore CRPOs with Aramco in Saudi Arabia

Saipem has won two new offshore contracts in the Saudi Arabia under its Long-Term Agreement with Aramco, in the form of Contract Release Purchase Orders (CRPOs), further reinforcing its footprint in the Saudi mark ...

Saudi Arabia Restores East-West Pipeline to Full 7mmbbl/d Capacity

Saudi Arabia has fully restored oil pumping capacity through its East-West pipeline, which holds a total capacity of 7 million barrels per day (mmbbl/d). 

The East-West pipeline is a critical strategic asse ...

Saudi Aramco Halts Juaymah LPG Exports After Pipeline Collapse

Saudi Aramco has halted Liquefied Petroleum Gas (LPG) exports from its Juaymah terminal in eastern Saudi Arabia after structural damage to part of the delivery system carrying propane and butane, according to Reut ...

Saipem Wins Additional Offshore Pipeline Contract in Saudi Arabia

The Italian contractor, Saipem, has secured an additional offshore contract in Saudi Arabia under its existing Long-Term Agreement with the energy major, Saudi Aramco, the company said.

The award, structure ...

Saudi Aramco to Launch First Jafurah Exports

State energy giant Saudi Aramco is preparing to launch its first exports from the $100 billion Jafurah gas project later this month, following the sale of several ultra-light crude (condensate) cargoes to global m ...

Modern Gas to Develop Banan Riyadh Gas Network

Modern Gas has signed an agreement with Talaat Moustafa Group to implement and operate centralized gas networks for the Banan Riyadh residential city in Saudi Arabia.
The first phase of the project is valued ...

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