Saudi Arabia | Egypt Oil & Gas - Part 55
Proserv Wins $11m Worth Contracts in the Middle East
Energy services company Proserv has been awarded contracts worth a combined value of more than $11m for its production control new-build and after-market services in the Middle East, Offshore Energy Today reported. As...
Egypt-Saudi Power Linkage Expected Late 2018
Egypt is expected to complete a project aimed at linking its power grids with Saudi Arabia at the end of December 2018. The power linkage project aims to generate around 3,000MW of power. Undersecretary of the Egyptia...
Aramco to Invest $18b in Expansion in the Americas
Saudi Aramco plans to spend $18b in the next five years to expand its operations in the Americas, focusing on its US oil-refining subsidiary Motiva Enterprises, The Edge Markets informed, citing Motiva’s statement. Ac...
Saudi Arabia Strenghen Ties With US
US companies signed deals worth billions of dollars with Saudi Arabia’s oil and gas sector during President Donald Trump’s visit to the Kingdom over the weekend, boosting bilateral business ties while the oil market c...
Eight Companies Bid for Electricity Linkage with Saudi Arabia
Eight companies presented their technical offers for the electricity linkage with Saudi Arabia. According to sources in the Ministry of Electricity, the technical offers will be assessed in cooperation with TransGrid ... Aramco to Sign 10 Energy Deals during Trump’s Visit
Saudi Aramco is planning to sign energy deals with at least 10 companies including General Electric Company and oil field-service businesses Schlumberger Ltd. and Halliburton Company during the upcoming visit of the A...
Saudi Arabia to Help Build Equatorial Guinea’s Bioko Oil Terminal
Equatorial Guinea has signed a strategic agreement with Saudi Arabia stating that the Gulf country will cooperate with the African country in the construction and financing of the Bioko Oil Terminal tank farm project,...
Higher Oil Prices Shrink Saudi Deficit
Higher international oil prices helped Saudi Arabia shrink its budget deficit by 71% from the first quarter of 2016 to $6.9b as of end-March 2017, Oil Price reported. State revenues jumped by a similar rate, 72%, to $...
