Aramco, stc Launch Dammam 7 Supercomputer
The companies of Aramco and stc announced the launch of a new supercomputer under the name of Dammam 7 which is one of the top ten most powerful computers in the world
Saudi Arabia | Egypt Oil & Gas - Part 13
Aramco Seeks a $7.5 B Loan for Pipelines Investors
Saudi Aramco is seeking to a loan costs $7.5 billion for potential investors in its oil pipelines.
ADNOC Acquires 15 Service Stations in Saudi Arabia
ADNOC Distribution announced that it has finalized the implementation of the agreement to acquire 15 service stations in Saudi Arabia at a cost of $10 million, reaffirming its commitment to expand its businesses i ...
Aramco Announces Four Oil, Gas Discoveries
Saudi Aramco has made four new oil and gas discoveries in the Kingdom, Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, stated.
Egypt Participates in OAPEC Meeting
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has participated in the Organization of Arab Petroleum Exporting Company (OAPEC) virtual meeting via video conference launched from Kuwait.
Saudi Aramco Completes Issuance of $8 B International Bonds
Saudi Aramco, the world’s largest oil company, has completed the issuance of $8 billion worth of senior international bonds.
Acwa Power Set to Raise $1 B in Sukuk Sale
Acwa Power International, a developer, investor, and operator of a portfolio of power generation, is planning to raise about $1 billion by selling Islamic bonds early next year.
Saudi Arabia Aims for Hydrogen Market Dominance
The world’s biggest oil exporter, Saudi Arabia, has set its sights on becoming the major player in supplying hydrogen to the market.
Aramco to Initiate Major Bond Sell-Off
Saudi Aramco, the world’s largest oil company, has kick-started a jumbo bond sale on November 17 to help fund its promised $75 billion dividends.
Iraq, Saudi Keen on Future Energy Projects
Iraq’s Minister of Oil, Ihssan Abdul-Jabar, confirmed on November 8 that the Kingdom of Saudi Arabia and Iraq are keen to strengthen energy ties with regard to gas and electricity projects.
