Saudi Arabia | Egypt Oil & Gas - Part 29
Aramco, Sinopec Ink Deal for Marjan Field Pipelines
Saudi Aramco has signed an agreement with Sinopec Engineering Incorporation, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), for two pipeline projects at the Marjan oilfield, Reuters reported. Th...
Aramco Awards Saipem $3.5 B Gas Contracts
Saudi Aramco has awarded Saipem, an Italian oil and gas service company, two contracts worth .buy ventolin generic rxbuywithoutprescriptionrxonline.com over the counter 5 billion for developing gas projects in Saudi A...
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, according to a company statement. The aim is to in...
Saudi Oil Output Rises 1.16% in June
Saudi Arabia, the world’s top crude oil exporter, produced 9.782 million barrels per day (b/d) in June up from 9.67 million b/d in May, Reuters reported. A recent survey showed that the Organization of the Petroleum E...
Saudi Arabia, UK Discuss Aramco IPO
King Salman of Saudi Arabia has met with Philip Hammond, the UK’s Minister of Treasury (Chancellor of the Exchequer), in Jeddah to tackle investments between the two countries, the Washington Post reported. During his...
Alfanar, Taqnia Sign MoU For Renewable Energy Projects
Alfanar and Taqnia Energy have signed a memorandum of understanding (MoU) to improve alternative energy in Saudi Arabia, Arab News reported. The agreement aims to shift towards increased dependence on renewable energy... Aramco Lowers Prices for Asian Markets in August
Saudi Aramco set the official selling price (OSP) for next August for the Arab light crude oil sold to Asia at $2.45 a barrel above Oman-Dubai quotes, Reuters reported. That price for Arab Super Light crude was set at...
OPEC Production Hits 5-Year Low
The Organization of the Petroleum Exporting Countries (OPEC) output fell to a new five-year low in June, according to a Reuters survey. An increase in Saudi crude production did not offset the reduction in Iran and Ve...
