Saudi Arabia | Egypt Oil & Gas - Part 7
EDC Drills 200 Wells in 2024, Targets Expansion in New Markets
The Chairman of the Egyptian Drilling Company (EDC), Osama Kamel, revealed that the company drilled 200 new wells and repaired over 600 in 2024. Showcasing the company’s performance, Kamel noted that it also add...
Aramco’s net profit fell by 4.6 % in Q1 2025
Saudi oil giant Aramco reported a 4.6 % decline in its net profits during the first quarter (Q1) of 2025 to reach $26 billion. The retreat in profits came on the back of increased capital expenditures, which increased...
ADES Inks Contract Renewal for Offshore Jackup Rigs in Saudi Arabia
ADES Holding Company announced that it renewed the contract for one of its standard offshore jackup rigs. It was one of six suspended rigs that had been operating in the Kingdom of Saudi Arabia. Expected to enhance lo...
Aramco Makes New 14 Discoveries in the Eastern Region, Empty Quarter
Saudi Minister of Energy, Abdulaziz bin Salman bin Abdulaziz, announced that the Saudi Arabian Oil Company (Aramco) has discovered 14 Arabian oil and natural gas fields and reservoirs in Eastern Region and the Empty Q...
Baker Hughes Secures Gas Technology Order for Jafurah Gas Field’s Third Expansion Phase
Baker Hughes has secured an order to provide six gas compression trains and six propane compressors for the third expansion phase of Aramco’s Jafurah gas field in Saudi Arabia. The order awarded by Tecnicas Reunidas i...
Egyptian-Saudi Talks Focus on Strategies to Promote Mutual Energy Interests
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Prince Abdulaziz bin Salman, Saudi Arabia’s Minister of Energy, where they discussed the ongoing efforts to develop energy bilateral c...
Saudi Arabia’s KBR-AMCDE Secures Brownfield Project at Ras Tanura Refinery
KBR-AMCDE, based in Saudi Arabia, has been awarded the detailed design scope for a brownfield project in the Ras Tanura Refinery, Saudi Arabia’s oldest refinery established in 1945. The project, awarded by Sinopec Nan...
Egyptian and Tanzanian Ministers Forge Mining Cooperation in Riyadh
On the sidelines of his participation in the International Mining Conference in Saudi Arabia, Minister of Petroleum and Mineral Resources Karim Badawi met with Steven L. Kiruswa(MP) Deputy Minister of Minerals of Tanz...
