Saudi Arabia | Egypt Oil & Gas - Part 52

OPEC Ministers to Meet Russia

The energy ministers of Saudi Arabia and Venezuela plan to meet their Russian counterpart to discuss extending oil-output cuts.

China’s ZTT to Provide Cables to Saudi Aramco

ZTT will provide 33KV and 15KV cables worth $30m that would be installed at Aramco’s Hasbah II, Marjan & Zuluf, and Safaniya projects.

Kenya Approaches Saudi Arabia for Cheaper Crude Oil

Kenya is discussing it's desire to import crude oil from Saudi Arabia along with its plan to import cheaper crude to be refined locally.

Saudi Arabia Reduces Oil Output

Saudi Arabia reduced its oil production last month to the lowest since the beginning of 2017. The country decreased its output by 111,000b/d in March to 9.9mb/d.

Saudi Arabia Signs New Agreements with China

Saudi Arabian King Salman finished his tour in China during which he signed a number of agreements worth $65b.

Egypt, Saudi Open Tender for Electricity Interconnection Project

The Egyptian Electricity Transmission Company and Saudi Arabia opened the financial and technical tender for the Saudi-Egypt electricity interconnection project. The applicants include Alstom, ABB, and Siemens.

Aramco Signs MoUs for Petroleum, Energy Collaboration

Saudi Aramco signed two separate memorandum of understandings (MoUs) with Abu Dhabi National Oil Company (Adnoc) and Masdar. The deals cover oil and gas technology and renewable energy development.

Saudi Arabia to Cut Light Crude Prices to Asia

The official selling price for flagship Arab light crude could be cut by $0.10-$0.40 in May.

McDermott Launches Graduate Training Program in the Middle East

McDermott's two-year course will provide job-coaching from McDermott’s engineering, fabrication, marine, supply chain, commercial, and safety divisions. The training is available for students in Saudia Arabia and UAE.

Saudi Aramco Invites China’s Sinopec to Invest in IPO

China is one of Saudi Arabia’s targets as the kingdom prepares for the IPO by deepening relationships with its most significant oil buyers.

Page 52 of 87

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