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.
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.
Saudi Aramco and Russia’s Lukoil are considering a partnership for two natural gas projects in Uzbekistan.
The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.
Gasoline prices in Saudi Arabia witnessed another increase on July 14, and remain subject to changes in global export prices.
Saudi Aramco has signed an agreement with Sinopec Engineering Incorporation for two pipeline projects at the Marjan oilfield.
Saudi Aramco and Italy’s oil contractor, Saipem, signed two contracts at $3.5 billion for natural gas, Reuters reported.
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 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.
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.
The agreement aims to shift towards increased dependence on renewable energy sources, in line with Saudi Vision 2030.