Saudi Arabia | Egypt Oil & Gas - Part 5

Saudi Aramco Eyes Raising $17 B from Gas Pipeline Selling

Saudi Aramco aims to raise at least $17 billion from selling a significant minority stake in its natural gas pipelines.

Saudi SABIC Foresees H2 Strong Performance

In Q2 2021, the company's sales increased by 72.3% reaching around $11.3 billion, compared to approximately $6.6 billion a year earlier.

Kuwait Inaugurates its First LNG terminal

Kuwait has inaugurated its first permanent liquefied natural gas (LNG) terminal, Al Zour LNG terminal, for its LNG importing business.

Saudi Aramco to Sell More Assets

Saudi Aramco plans to sell more of its assets in order to raise billions of USD dollars.

Saudi Arabia raises August’s Crude Oil Selling Prices

Saudi Arabia plans to increase its crude oil selling prices starting August 2021. The increase will be for Asian, Mediterranean, and North European countries, as well as the US.

Baker Hughes, Air Products to Collaborate on Hydrogen Projects

Baker Hughes company announced that it will collaborate with Air products company, a global leader in industrial gases and megaproject development on developing NEOM carbon-free hydrogen project in Saudi Arabia by ...

Saudi Aramco Shuts its Subsidiary in Azerbaijan

Saudi Aramco has announced the liquidation of its subsidiary in Azerbaijan, Aramco Overseas Company Azerbaijan, according to NeftegazRU.

OPEC+ to Increase Production in July 2021

The Organization of Petroleum Exporting Countries and its allies (OPEC+) plans to increase oil production in July 2021, however Saudi Arabia’s energy minister kept the market guessing about whether the group will ...

Saipem Wins Three New Onshore Drilling Contracts

Saipem has been awarded the extension of two significant onshore drilling contracts in Saudi Arabia for a period of five and ten years, respectively, as well as a new four-year contract in Colombia, according to S ...

Saudi to Export Full June Volumes of Crude to Asian Refiners

Saudi Arabia intents to supply full volumes of crude oil to at lease four Asian refineries in June.

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