Saudi Arabia | Egypt Oil & Gas - Part 32

Saudi Aramco to Invest $1.6 B on South-Korean Refiner

Saudi Aramco plans to invest up to $1.6 billion to acquire around 20% stake in South Korean refiner Hyundai Oilbank.

Total to Invest in Saudi’s Gas Filling Stations

Total announced arranging several plans to invest in gas filling stations in Saudi Arabia.

Saudi Arabia to Build Oil Refinery, Petrochemicals Plant in South Africa

Saudi Arabia's plan comes as part of the $10 billion investments to be in the Kingdom.

Saudi Arabia to Extend Gas Network with UAE, Oman

Saudi Arabia plans to expand the regional gas network especially after the increase in the Kingdom’s estimates of energy reserves.

Global Economy, Oil Demand are Strong: Saudi Oil Minister

Oil demand will remain strong without being affected by US-China trade tensions, said Khalid Al-Falih, Saudi Arabia’s Oil Minister.

Saudi Arabia to Generate 60GW in Renewable Energy by 2030

Saudi Arabia plans to integrate the renewable energy network to produce 60 GW of renewable energy, 40GW from solar power and 20GW from wind and other sources, by 2030.

Saudi Arabia to Construct $10B Oil Refinery in Pakistan

The refinery is set to be established in Pakistan's deepwater port of Gwadar.

Saudi Arabia Announces Increasing Oil, Gas Reserves

Saudi reserves increased by 2.2 billion barrels to 263.1 billion barrels of oil at the end of 2017, while natural gas reserves rose to 319.5 trillion cubic feet.

Petrochemicals Adds $12B to Saudi’s Economy

Sabic's domestic sales reached 2.7 million tons, covering around 94% of the kingdom’s consumption.

ADES to Renew Contract for Offshore Rig in Saudi Arabia

ADES International is renewing its contract for the ultra-shallow water rig Admarine 67 for a client in Saudi Arabia for seven years.

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