Saudi Arabia | Egypt Oil & Gas - Part 61

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, Reuters reported. The cracker in Rabigh has an ethylene capacity of 1.6mt/yr. T...

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, Reuters rep...

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, Saudi Gazette reported. The King launche...

Iran to Abide by September Oil Production Cap Deal

Iran’s Oil Minister, Bijan Zanganeh, said that the country was prepared to leave its oil production at levels that the Organization of the Petroleum Exporting Countries (OPEC) had agreed at its September meeting...

Egypt, Saudi Arabia Talked Mineral Cooperation

A press release to Egypt Oil&Gas stated that the Egyptian Minister of Petroleum, Tarek El Molla, met with Saudi Minister of Energy, Industry and Mineral Resources, Khaled Al Falih. The two ministers discussed mine...

Rowan, Aramco to Form a Saudi JV

US Rowan Companies Plc announced that it was forming a joint venture (JV) with Saudi Arabian state oil giant Saudi Aramco. Both companies would contribute $25m as working capital under the terms of the agreement to cr...

Aramco Extended KBR’s Contract

Saudi Aramco has signed an amendment to extend its existing general engineering services plus (GES+) contract with KBR’s joint venture engineering operation, KBR-AMCDE, reported Trade Arabia. This amendment will...

Saudi Arabia’s Oil Exports Grew in September

Saudi Arabia’s crude oil exports rose to 7.812mb/d in September compared with 7.305mb/d in August, this comes to about 507,000b/d increase, reported Reuters. Furthermore, Saudi Arabia produced 10.650mb/d in Sept...

Egypt to Proceed with Saudi Power Link

The Egyptian Minister of Electricity and Renewable Resources, Mohamed Shaker, stated that the ministry is working on establishing power links with Saudi Arabia. He added that such bilateral connectivity with neighbori...

Aramco Halted Oil Cargos Indefinitely

Egyptian Oil Minister, Tarek El Molla, said that Saudi Arabia’s Aramco has informed Egypt that shipments of oil products expected under a $23b deal would be halted indefinitely, Reuters reported. Aramco had agreed ear...

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