Saudi Arabia | Egypt Oil & Gas - Part 79

Oil Price Slump Strains Saudi Finances

Military spending and government hand outs could accelerate reserve drawdown

Nuclear Reactors to be Delivered to UAE as Regional Competition Heats Up

Westinghouse Electric opens Abu Dhabi office to work with Enec

Faulty Pipes Responsible for PetroRabigh Plant Shutdown

Saudi Arabia's PetroRabigh shut down a hydrogen-producing facility on May 29 due to faulty pipes, the company said on Sunday.

Aramco to Use Asian Talent in Global Refining Contest

Saudi Arabia's state oil firm is on a hiring spree in South Korea, as the world's top crude exporter seeks engineers to run plants in its soaring refining sector - setting it on course to compete with some Asian coun ...

Wafra Field to Remain Shut Down Till Further Notice

An jointly-operated onshore oilfield between Saudi Arabia and Kuwait will remain shut until difficulties to operate there are resolved

OPEC Siding with Saudi Over Oil Price War

When Saudi Arabia argues next week that OPEC should keep up production to fight the rise in U.S. shale oil, prices will be on its side.

Iran Hints At possible Meeting of Minds with Saudi Over OPEC

Iran’s Minister of Petroleum Bijan Zangeneh says he may meet his Saudi counterpart Ali al-Naimi at the next OPEC meeting in Vienna.

Power-Gen Conference Receives Saudi, Bahrani Backing

Top regional power producing companies Saudi Electricity Company (SEC) and Bahrain Electricity and Water Authority (Bewa) are set to take part as supporting entities at the 13th annual Power-Gen Middle East Conferenc ...

Saudi Bahri Buying Hyundai-Made Oil Tankers

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude tankers from ship builders Hyundai Heavy Industries, the Riyadh-listed fir ...

ACWA Power’s $220 Mn for Egypt Renewable Projects

Saudi Arabia-based power and water project developer ACWA Power announced Sunday it signed concession contracts with the Egyptian Ministry of Electricity to build three renewable energy power plants in Egypt.

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