Saudi Arabia | Egypt Oil & Gas - Part 46

Saudi Arabia Remains Committed to Cuts

Despite positive signs in the oil market, Saudi Arabia remains committed to further drawing down global oil stocks.

CEO: Saudi Aramco IPO Not Linked to Market Conditions

The plans for the initial public offering (IPO) of Saudi Aramco are not linked to market developments.

Russia, Saudi Arabia to Discuss Markets, Production-Cut Deal

Russian and Saudi ministers will meet early next month to discuss global oil markets and the future of the production-cut agreement.

Russia Beats Out OPEC Competitors in Chinese Market – Again

Russia maintained its position as the top crude oil exporter to China for the seventh month in a row

Tecnicas Reunidas Submits Lowest Bid for Saudi Project

Tecnicas Reunidas, Saipem, and Samsung E&C are the primary contenders for a contract from Saudi Aramco for the construction of natural gas facilities in Haradh and Hawiyah.

China Pursues Direct Purchase of Saudi Aramco Stake

Two state-owned Chinese oil companies have expressed interest in directly purchasing a share of Saudi Aramco.

Saudi Arabia Denies FT Report: IPO on Track

Saudi Arabia pushed back against reports that it was considering a private offering of Saudi Aramco instead of the previously announced initial public offering (IPO).

Saudi Aramco Cuts Asian Allocations

To meet its self-imposed export cuts in November, Saudi Arabia is cutting crude oil shipments to customers in Asia.

New Oil Pipeline to Link Saudi Arabia and Bahrain in 2018

The construction of an new oil pipeline connecting Saudi Arabia and Bahrain will be completed in 2018.

Saudi Arabia to Cut Exports by 560K b/d in November

Saudi Arabia will cut crude shipments by 560,000 barrels per day (b/d) in November.

Page 46 of 87

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