Aramco to Acquire 70% Stake in SABIC
Saudi Aramco, the world’s largest oil producer, is acquiring a 70% stake in Saudi Basic Industries Corp (SABIC) in a $69.1 billion deal that aims to develop Aramco’s downstream growth plans.
Saudi Arabia | Egypt Oil & Gas - Part 31
EMC Signs a 10-Year Agreement with Jordan’s Arab Potash
The Egyptian company was further awarded a contract to provide and install a natural gas liquefaction line in the Gulf of Aqaba.
Aramco to Reduce its Carbon Footprint
Saudi Aramco has been establishing an international gas business in a way that diminishes its carbon footprint by converting more crude oil into chemicals.
Noga, SFD Sign Financing Agreement
Under the agreement, the fund will help achieve economic diversification and development within Bahrain.
Renewable Energy Project to Meet its Deadline: Saudi Energy Minister
After completing the solar plant, it is expected to have a production capacity of around 300 megawatts to meet the energy needs of approximately 45,000 homes in the Al Jawf region.
Saudi Arabia Discovers Gas Fields in Red Sea
Saudi Aramco will carry out feasibility studies to determine the exploration possibilities in this area during the upcoming two years.
Saudi Arabia to Increase China’s Oil Exports
The Kingdom's crude exports to China is expected to increase, reaching 1.5 million b/d during Q1 2019, up from one million b/d at the same period a year before.
Sadara Inaugurates Pipeline Project at PlasChem Park
The pipeline system will feature a manifold for distributing Ethylene Oxide and Propylene Oxide to a number of PlasChem Park tenants.
Tecnimont Wins EPC Contract for Yanbu Plant
Maire Tecnimont’s subsidiary announced winning a $65 million EPC contract by National Petrochemical Industrial Company.
Saudi Arabia to Export 3 B cf/d of Gas Before 2030
Future gas exports will include pipelined gas and LNG.
