Saudi Arabia | Egypt Oil & Gas - Part 63
Egyptian Cabinet Approves Nuclear Cooperation with Riyadh
The Egyptian cabinet has officially approved cooperation with Saudi Arabia in peaceful usage of nuclear power and on nuclear security.
Aramco to Expand Hasbah Sour Gas Field
State oil giant Saudi Aramco has awarded a contract of more than $1b to India's Larsen & Toubro (L&T) and Singapore-based Emas AMC for the expansion of the offshore Hasbah sour gas field.
Non-Opec Producers Cutting Back Oil Output
Oil output from producers outside the Organisation of Petroleum Exporting Countries (OPEC) is falling faster than expected, helping the market to rebalance.
Saudi Arabia Signs $900m KEXIM-Backed Loan for Power Plant
Saudi Electricity Co (SEC) signed a $900m loan agreement with the Export-Import Bank of Korea (KEXIM) among other international lenders, to help finance the construction of a 2,640MW power plant in Shuqaiq.
Aramco’s Huge Marine Complex to Be Ready by 2021
National oil giant Saudi Aramco expects a huge ship repair and shipbuilding complex that it is developing at Ras al-Khair on the Kingdom's east coast to be fully operational by 2021. Saudi Aramco to Ink a Deal with SABIC
National oil giant Saudi Aramco expects soon to sign a Memorandum of Understanding (MoU) with Saudi Basic Industries for a joint oil-to-chemicals project. Saudi Aramco Raising Oil Output Ahead IPO
Saudi Aramco is raising output levels to capture more customers as it pushes ahead with Initial Public Offerings (IPOs). According to the CEO, the proposals for the partial privatization will be presented "soon" to t ...
Saudi Arabia Replaces Oil Minister
Saudi Arabia announced the ouster of its powerful oil minister, Ali Al-Naimi, marking the departure of a long key industry player. 
