Saudi Arabia Renews Commitment to Output Cuts
The Saudi Minister of Energy, Khalid Al-Falih has discussed with his Russian counterpart the recent developments in global oil markets.
Saudi Arabia | Egypt Oil & Gas - Part 24
Saudi Arabia’s Oil Production Down 200,000 b/d in July
Saudi Arabia’s oil production fell to 9.6 million barrels per day (b/d) in July and is expected to stay below the 10 million b/d level in the coming months.
Border Demarcation with Cyprus, Saudi Arabia to Boost Gas Discoveries: El Sisi
This came during the “Ask the President” session, as part of the National Youth Conference held on July 30-31, in response to a question on the Eastern Mediterranean gas discoveries.
Saudi Oil Exports to China Hit Highest Level Since 2013
Saudi Arabia has compensated China for the shortage of crude oil supplies due to the US-imposed sanctions on Iran. After Chinese oil importer crude Iranian imports decreased to their lowest level since 2010.
SABIC Not Seeking to Acquire Clariant
Saudi Basic Industries Corporation (SABIC) has denied interest in acquiring Clariant chemicals company.
Saudi Arabia to Expand Pipeline as Alternate Export Route
Saudi Arabia plans to increase the capacity of the East-West Pipeline by 40% within two years in order to avoid exporting oil through the Strait of Hormuz.
Saudi Arabia, Kuwait Cooperate to Restore Output in Neutral Zone
Saudi Arabia and Kuwait have discussed resuming crude oil production in jointly operated fields in the Neutral Zone.
Aramco Awards LTHE Marjan Field Contract
Saudi Aramco has awarded L&T Hydrocarbon Engineering (LTHE) another new project in the Marjan Field.
Saudi Steel Pipe Awarded New Contract
Saudi Steel Pipe Company announced that it was awarded a contract for the supply of oil and gas steel pipe.
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.
