Abdulaziz bin Salman, Saudi Arabia's Minister of Energy, signed a memorandum of understanding (MoU) with Mohammad Al-Bashir, Syria's Minister of Energy, to expand energy cooperation between the two countries. The ...
Saudi state-owned oil major, Aramco, is considering selling up to five gas-fired power plants to raise cash, Reuters reported, quoting three people familiar with the situation.
Ganoub El Wadi Petroleum Holding Company's (Ganope) signed a new agreement with the Egyptian Branch of the Saudi company Ardiseis, a subsidiary of Arabian Geophysical and Surveying Company (Argas), in presence of ...
Nigeria and Saudi Arabia’s state oil giant, Aramco, are facing challenges in finalising a landmark $5 billion oil-backed loan, according to Reuters. The falling crude prices have raised concerns among banks expect ...
Aramco, a world leader in integrated energy, announced the successful completion of a $5 billion bonds issuance.
The issuance was carried out in three tranches at the London Stock Exchange, under its Global ...
The governments of Saudi Arabia and Kuwait have announced a new oil discovery by Wafra Joint Operations (WJO) in the North Wafra Wara-Burgan field, situated five kilometers north of the Wafra field, according to S ...
Aramco, one of the world’s leading integrated energy and chemicals companies, launched the first megawatt (MW)-scale renewable energy storage system using Iron-Vanadium (Fe/V) flow battery to store solar power for ...
The Chairman of the Egyptian Drilling Company (EDC), Osama Kamel, revealed that the company was able to drill 200 new wells and repair over 600 in 2024. He showcased the company's performance, noting that it added ...
Saudi oil giant Aramco reported a 4.6 % decline in its net profits during the first quarter (Q1) of 2025 to reach $26 billion. The retreat in profits came on the back of increased capital expenditures, which incre ...
ADES Holding Company announced that it renewed the contract for one of its standard offshore jackup rigs.
