Saudi Arabia | Egypt Oil & Gas - Part 26
Aramco Awards EPCI Contracts to Subsea 7-Led Consortium
Subsea 7 confirmed that it was has been awarded three offshore contracts by Saudi Aramco, under the long term agreement between the two companies, according to a statement. The engineering, procurement, construction, ...
Saudi Arabia Appoints New Energy Minister
Prince Abdulaziz bin Salman has been appointed as the new Saudi Minister of Energy, succeeding Khalid Al-Falih, as per a royal decree issued on September 7, Reuters reported. The appointment marks the first time a mem...
Aramco Expands Downstream Investments in China’s Zhejiang FTZ
Saudi Aramco announced that it has signed a Memorandum of Understanding (MoU) with the Zhejiang Free Trade Zone (FTZ), during a visit by Yuan Jiajun, the Governor of the Chinese province of Zhejiang to Aramco’s ... Saudi Aramco Awards GESi Contract to Dar Al-Handasah
Saudi Aramco has awarded Dar Al-Handasah a general engineering and project management services infrastructure (GESi) contract, Trade Arabia reported. Through the five-year deal, which covers existing and new infrastru...
Saudi Arabia Names New Aramco Chairman
The Governor of the Saudi Public Investment Fund (PIF), Yasir Al-Rumayyan, has been appointed as the new Chairman of Saudi Aramco. Al-Rumayyan replaces the Saudi Minister of Energy, Khalid Al-Falih, who congratulated ...
Saudi Arabia Creates New Ministry for Industry, Mineral Resources
The Kingdom of Saudi Arabia has established a new ministry for industry and mineral resources, according to a royal decree issued on August 30. The two sectors were previously following the Ministry of Energy, Industr...
OPEC Monthly Output Rises for First Time in 2019
The Organization of the Petroleum Exporting Countries (OPEC) has recorded its first monthly increase in oil output this year, according to a Reuters survey. OPEC produced 29.61 million barrels per day (b/d) in August,...
Iraq Discusses Gas, Petrochemical Projects with Saudi Investors
A number of investment opportunities in Iraq’s gas and petrochemicals industry have been presented to Saudi investors, a senior Iraqi official told Asharq Al-Awsat. Talks are being held with Saudi Aramco and Saudi Bas... 
