Saudi Arabia | Egypt Oil & Gas - Part 40
SABIC Approved to Purchase Clariant Stake
Regulators have approved SABIC’s purchase of a 24.99% stake in Swiss chemical company Clariant, a company press release announced. The Saudi manufacturing company will close the purchase in mid-September, making...
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, according to an company press release. The two islands are part of Aramco&#...
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, AFP r...
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, the state-run company announced in a statement. BHGE will carry out drilling op...
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, Mubasher reported. The six contenders for the engineering, procurement,... 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, Kuwait News Agency (KUNA) reported. However, Kuwait’s share of total Ja...
Aramco, Lomonosov MSU Sign Collaborative Agreement
Saudi Aramco Upstream Technology Company (SAUTC), subsidiary of Saudi Aramco, has signed an memorandum of understanding (MoU) with Russian Lomonosov Moscow State University (MSU) for joint research focusing primarily ...
Saudi Aramco Increases Investment in Tech Research
Saudi Aramco has doubled its scientific employee base to 1,300, and has greatly increased its patented technologies over the past five years, a Wall Street Journal report revealed. The Saudi state-run oil company was ...
