ACWA Power IPO Delayed: Sources
Saudi Arabia’s ACWA Power has reportedly delayed its plans for an initial public offering (IPO), originally expected for later this year.
Saudi Arabia | Egypt Oil & Gas - Part 36
Saudi Nuclear Program “Fundamental to Energy Sector”: Energy Minister
Saudi Arabia’s nuclear program is fundamental to the development of a sustainable energy sector, Saudi Energy Minister Khalid al-Falih told the International Atomic Energy Agency on September 17.
Saudi Aramco to Spend $133B on Drilling over Next Decade
Saudi Aramco plans to spend $133 billion on oil and gas drilling over the next decade, a senior company executive revealed on September 17.
Saudi-Malaysian Refinery to Receive First Oil Cargo in September
A refinery jointly-owned by Saudi Aramco and Malaysian state-owned Petronas will receive its first cargo of oil by the end of September.
SABIC Approved to Purchase Clariant Stake
Regulators have approved SABIC's purchase of a 24.99% stake in Swiss chemical company Clariant.
Aramco Awards Chinese Company Project to Construct Berri Field Drilling Islands
Saudi Aramco has awarded a contract to China’s Harbour Engineering Arabia for the construction of two drilling islands in its Berri oilfield.
Iran to Move Main Oil Export Terminal to Gulf of Oman
Iran is planning to move its primary export terminal from the Arabian Gulf to the Gulf of Oman to avoid using the strategic Strait of Hormuz, President Hassan Rouhani stated in a televised speech on September 4.
Aramco Awards BHGE Services Contract for Marjan Field
Saudi Aramco has awarded Baker Hughes (BHGE) an integrated services contract for capacity expansion work on the offshore Marjan oilfield.
Aramco Announces Six Companies Bidding for Berri Oilfield Development
Saudi Aramco has announced that it will choose between six companies to develop the $6 billion Berri Offshore Oilfield Increment Program project.
Kuwait’s Crude Shipments to Japan Down 5.3% in July
Kuwaiti crude oil exports to Japan fell 5.3% in July year-on-year (YOY) to 216,000 barrels per day (b/d), the third consecutive monthly decrease.
