Saudi PIF Acquires 40% Stake in Aramco-Jacobs JV
Saudi Arabia’s Public Investment Fund (PIF) has bought a 40% stake in Jasara Program Management Company, a joint venture between Saudi Aramco and Jacobs Engineering Group.
Saudi Arabia | Egypt Oil & Gas - Part 24
Saudi Arabia to Build Solar Panel Factory
The Saudi Industrial Development Fund (SIDF) has signed an agreement with Masdar for the construction of a solar panels factory that will be the largest in the Arab world.
Aramco Considers Cooperation with Lukoil in Uzbekistan
Saudi Aramco and Russia’s Lukoil are considering a partnership for two natural gas projects in Uzbekistan.
China’s CSCEC Seeks Expansion in Gulf Markets
The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.
Saudi Arabia Raises Gasoline Prices
Gasoline prices in Saudi Arabia witnessed another increase on July 14, and remain subject to changes in global export prices.
Aramco, Sinopec Ink Deal for Marjan Field Pipelines
Saudi Aramco has signed an agreement with Sinopec Engineering Incorporation for two pipeline projects at the Marjan oilfield.
Aramco Awards Saipem $3.5 B Gas Contracts
Saudi Aramco and Italy’s oil contractor, Saipem, signed two contracts at $3.5 billion for natural gas, Reuters reported.
Aramco Awards $18 billion Contracts to Raise Oilfields Production
Saudi Aramco has awarded 34 contracts with a total value of $18 billion for the engineering, procurement, and construction of the Marjan and Berri increment programs.
Saudi Oil Output Rises 1.16% in June
Saudi Arabia, the world’s top oil exporter, produced 9.782 million barrels per day (b/d) in June up from 9.67 million b/d in May.
Saudi Arabia, UK Discuss Aramco IPO
The British delegation visiting Riyadh will discuss the initial public offering (IPO) of Saudi Aramco, for which the London Stock Exchange (LSE) is a potential candidate.
