Saudi Arabia | Egypt Oil & Gas - Part 54

Siemens to Provide 5 CHP Turbines to Saudi Arabia

Siemens has received an order for five F-class gas turbines for a combined heat and power (CHP) plant in the Kingdom of Saudi Arabia.

Aramco, Petronas to Sign Refinery Agreement

Malaysia's state oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco are expected to sign an agreement to collaborate in Malaysia's Refinery and Petrochemical Integrated Development (RAPID) project.

Aramco Mulls Shares for Saudi Citizens

Oil giant Saudi Aramco is reportedly considering offering shares to citizens of Saudi Arabia as it prepares for an initial public offering (IPO) that could be the biggest the world has ever seen.

MENA to Invest $294b in Oil Sector

According to Meed Insight’s Mena Oil and Gas Report 2017, about $294b of oil, gas, and petrochemicals projects are in the pre-execution phase across the countries in the Middle East and North Africa (MENA) region.

Riyadh Loses Oil Production Leadership to Moscow

Russia overtook Saudi Arabia as the world’s largest crude producer in December 2016 with a production of 10.49mb/d.

Saudi Aramco Signed Crude Deal with Chinese Refiner

State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply its crude in 2017.

Moelis & Co as Sole Adviser on Saudi Aramco IPO

New York based investment bank, Moelis & Co, has been chosen as the sole independent adviser for the planned initial public offering (IPO) of Saudi Aramco.

Aramco to Raise $10b Prior to IPO

Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June 2017, ahead of a planned initial public offering (IPO) in 2018, in order to raise as much as $10b in bon ...

Saudi Aramco Eyes $5b Investment in Renewables

Saudi Aramco is considering as much as $5b of investments in renewable energy firms as part of plans to diversify from crude production.

Saudi Aramco’s Oil Reserves Reach 261b Barrels

The external audit of the oil reserves of Saudi Aramco ahead of its planned IPO has confirmed that Saudi Arabia’s oil giant has more than 261b barrels of reserves.

Page 54 of 87

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