Saudi Arabia | Egypt Oil & Gas - Part 60
Aramco Awarded Wood Group Engineering Deal
UK’s Wood Group has secured a five-year deal to continue providing engineering and project management services to Saudi Arabia’s state-owned oil firm Saudi Aramco, BBC reported. Effective immediately, the ...
S. Arabia Cut Oil Output by 486,000b/d
Saudi Arabia has cut its crude-oil production by at least 486,000b/d since October, bringing the world’s largest exporter of petroleum swiftly into line with OPEC’s deal to raise prices, Oil and Gas People reported. S...
Saudi Arabia to Boost Oil Revenues by 46%
Saudi Arabia expects oil revenue to jump by 46% next year after a deal between the kingdom and other producers to curb output drove up global prices, Bloomberg reported. The world’s top oil exporter expects to collect...
Sadara to Halt Mixed-Feed Cracker in Jubail
Saudi Arabia’s Sadara Basic Services, which is fully owned by Sadara Chemical Co, said it would start late December planned maintenance of a mixed-feed cracker at its parent company’s petrochemical complex...
KSA Led Oil Exports to China, India
According to customs data, China’s November crude oil imports from the Kingdom of Saudi Arabia (KSA) jumped 29.19% on a year earlier to 1.15mb/d, Reuters reported. This jump in crude oil imports from Saudi Arabi... NYSE Remains in The Running for Aramco IPO
Saudi Foreign Minister, Adel al-Jubeir, said that the Arabic Kingdom is still considering New York Stock Exchange (NYSE) for a partial public stock listing of state-owned Saudi Aramco, ARGUS reported. This came as an ...
Aramco, Pertamina Signed $5b Refinery Deal
Saudi Aramco, the world’s leading integrated energy and petrochemicals enterprise, and PT Pertamina, Indonesia’s state oil and gas company, signed a Joint Venture Development Agreement (JVDA) to jointly own, upgrade a...
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, as part of a nationwide drive to diversify energy supplies and meet an increase in deman...
