Saudi Arabia | Egypt Oil & Gas - Part 56
KSA Led Oil Exports to China, India
China's November crude oil imports from the Kingdom of Saudi Arabia (KSA) jumped 29.19% on a year earlier to 1.15mb/d. Saudi Arabia re-emerged as the top oil supplier to India during November with over 873,000b/d,
NYSE Remains in The Running for Aramco IPO
Saudi Arabia is still considering New York Stock Exchange (NYSE) for a partial public stock listing of state-owned Saudi Aramco.
Aramco, Pertamina Signed $5b Refinery Deal
Saudi Aramco and PT Pertamina signed a Joint Venture Development Agreement (JVDA) to jointly own, upgrade and operate the Cilacap Refinery in central Java, Indonesia.
Aramco to Launch Wind Power Plant
Saudi Aramco plans to commission its pilot 2.75MW GE wind turbine project in Turaif, the first in the kingdom, in Janurary 2017.
Kuwait to Start Heavy Oil Production by 2018
Kuwait will begin heavy oil production by the end of 2018, with roughly 10,000 to 15,000 b/d at Ratqa refinery. Saudi PetroRabigh Restarted Ethane Cracker
In a statement to Saudi Arabia's bourse, Tadawul, PetroRabigh said it restarted its ethane cracker after maintenance was completed.
Saudi Arabia, Kuwait to Restart Output from Neutral Zones
Saudi Arabia and Kuwait are expected to agree in December to resume oil production from the jointly operated oilfields in the Neutral Zone fields , mainly Khafji and Wafra, that lie between both countries.
Aramco Launched Giant Oil Projects
Saudi Arabia’s King Salman launched a number of giant oil projects, worth a total of about $42.64b, under Aramco’s Oil Supply Planning and Scheduling (OSPAS) Center at Dhahran.
