Saudi Arabia | Egypt Oil & Gas - Part 66
Riyadh, Beijing Sign 14 MoUs Including Nuclear Reactor Deal
Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Ri ...
Kuwait to Resume Operations from Oilfields Shared with Saudi
Kuwait's Emir, Sheikh Sabah al-Ahmed al-Sabah, announced that stalled operations and exports from oil fields run jointly with Saudi Arabia would resume soon.
ACWA Enters Vietnam with $2.2b Coal Power Plant Deal
Saudi Arabia's ACWA Power, in a consortium with South Korea's Taekwang Power Holdings, has signed a $2.2b investment agreement with Vietnam for a 1,200MW thermal power plant.
Kuwait Joins Saudi-South Korean Petrochem Venture
Kuwait's Petrochemicals Industries Company (PIC) has agreed to pay $100m to buy a 25% equity stake in a venture owned by South Korea's SK Gas Co Ltd and Saudi Advanced Petrochemical Co.
Saudi Acwa Signs Deal for Jordan’s Independent Power Plant
Saudi Arabia's Acwa Power has signed a power purchase agreement for 25 years with Jordan’s National Electric Power Company (Nepco) for the 485MW Hussein CCGT independent power project located in the Zarqa industrial ...
SABIC Unconcerned Over Iran’s Petchem Competition
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals companies, downplayed the possible threat posed to Saudi Arabia's petrochemicals industry from Iran's reentry into the international oil ...
Sadara to Produce Specialty Chemicals for Region
The Sadara Chemical Company (Sadara) in Saudi Arabia said that its chemical complex in Jubail Industrial City II is more than 97% complete.
Saudi Oil Minister: Multilateral Cooperation Will Achieve Oil Stability
The Saudi Oil Minister, Ali al-Naimi, said that oil-market stability would only be achieved through cooperation among major oil producers, but that this would likely take time.
