Saudi Arabia | Egypt Oil & Gas - Part 54
In a first, Saudi Energy Minister Meets with Hedge-Fund Investors
The Saudi Energy Minister, Khalid El Falih, met with key hedge-fund investors last month, Bloomberg reports. The meetings represent a shift for the oil-producing giant. In the past, Saudi Arabia has accused hedge fund...
Saudi Arabia Maintains Market Share in Japan Despite Production Cuts
Saudi Arabia has maintained the same share of Japan’s crude-oil imports since the end of 2016 despite reducing its production in accordance with the production-cut agreement between OPEC and major, non-OPEC oil produc...
Saudi Cabinet Approves Proposal for a National Program for Atomic Energy
Saudi Arabia’s cabinet of ministers approved a proposal to develop a national program for atomic energy during its meeting at the end of July, Al Arabiya reports. Crown Prince Mohammed bin Salman proposed the plan to ...
WorleyParsons Wins Contract for Saudi Marjan Oilfield
The Australian company WorleyParsons has won a contract by Saudi Aramco for the engineering of Marjan Oil Field Development in Saudi Arabia, Offshore Energy Today reported. Under the terms of the contract, WorleyParso...
Saudi Arabia to Curb Oil Exports in August, Reducing Shipments to US
Saudi Arabia will limit its oil exports in August by more than 600,000 b/d to satisfy the growing domestic demands while committing to the OPEC’s agreement to curb production, Middle East Monitor reported. Saudi Arabi...
Saudi Arabia’s Exceeds OPEC’s Production Limit
Saudi Arabia has exceeds the production cap set by OPEC, reaching 10.07 million b/d in June, surpassing the limit of 10.058 million, Bloomberg reported. The boost in production is considered to be the first time for t...
Saudi Arabia and Qatar Keep Sharing Oil Tankers
As Saudi Arabia leads three other Arab nations in accusing Qatar of links to terror groups and being too close to Iran, one thing is becoming increasingly clear in the oil market, tensions have yet to reach a point wh...
Saudi Aramco Invests in Irish Wastewater
Saudi Aramco took stake in Irish OxyMem, a University College Dublin (UCD) spin-out making waves in the wastewater management space, reported Silicon Republic. It was announced that Saudi Aramco Energy Ventures (SAEV)...
