Saudi Arabia | Egypt Oil & Gas - Part 35
Saudi Exports Rise 12.7%
Saudi Arabia’s oil exports increased during December 2018 by 12.7%, reaching around $18.66 billion, the government data showed on February 25, Zawya reported citing Reuters. The value of the Kingdom’s imports dropped ...
Saudi Arabia to Establish $10 B Refining Complex in China
Saudi Arabia’s Crown Prince, Mohammed bin Salman was in talks with the Chinese President Xi Jinping about a deal for a refining and petrochemical complex in China, Reuters reported. The deal was part of the Asian tour...
Halliburton to Establish Oilfield Chemical Plant in Saudi Arabia
Halliburton announced establishing the first oilfield chemical manufacturing reaction plant in Saudi Arabia, Pipeline Oil and Gas Magazine reported. “We chose Saudi Arabia for this plant because it provides an advanta...
Saudi Arabia, Kuwait to Resume Producing Oil from Neutral Zone
Saudi Arabia and Kuwait are expected to agree on resuming oil production from the neutral zone during 2019, according to Saudi Arabia’s energy minister Khalid al-Falih, Zawya reported. “We hope in 2019 it ... Saudi Arabia, Russia to Continue Energy Cooperation
Russia’s President Vladimir Putin and Saudi Arabia’s King Salman bin Abdulaziz Al Saud, in a telephone conversation, stated continuing their support for coordinating the global energy markets, the Kremlin ... Saudi Arabia to Spend $27 B on Industrial Development Plan
Saudi Arabia’s government plans to invest around $27 B on an industrial development program during 2019 and 2020 to offer more investment opportunities, Aabed Al-Saadoun, Deputy Minister of Energy, Industry and Minera...
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, Reuters reported. The deal is supposed to help Aramco increase its sales of crude oil to the refiner...
Total to Invest in Saudi’s Gas Filling Stations
Total announced arranging several plans to invest in gas filling stations in Saudi Arabia, Arab News reported. “We will announce in the coming days that together with Saudi Aramco we will establish a retail network in...
