Saudi Arabia | Egypt Oil & Gas - Part 80

Bombing Yemen Could Threaten Red Sea Oil Transit Choke Point, Experts Say

While Yemen contributes less than 0.2% of global oil output, its location puts it near the center of world energy trade.

Oman Has 10% Stake in New Japanese-Saudi Power Plant Deal

Saudi Arabia's ACWA Power IPO-ACWA.SE and Japan's Mitsui & Co said on Monday they had won a contract from Oman's government to build and operate a $630 million, 445 megawatt natural gas-fired power plant

Saudi Minister: Non-OPEC Producers Still Not Cooperating Over Oil Prices

OPEC will not take sole responsibility for propping up the oil price, Saudi Arabia's oil minister said on Sunday

Saudi OPEC Governor Precludes Return to High Price Era

Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again.

Petroleum Media Specialists at Upcoming GCC Forum

Bapco has announced it will take part in the second GCC Petroleum Media Forum in Riyadh next week.

Energy Saving Technologies at Upcoming Saudi Expo

Leading players in the electricity, power generation, alternative energy, water technology, and lighting sectors will be showcasing their products and solutions at the upcoming Saudi Power 2015 expo in Riyadh.

Japan-Saudi Petrochem Complex Secures Finances for Expansion

Saudi Arabia's PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, has signed loans worth 19.4 billion riyals ($5.2 billion) for the expansion of its petrochemicals complex, it said on Tuesday.

Oil Prices Prompt North Sea Operators to Sell Off Assets

The North Sea, which brought upheaval to global oil markets in the 1980s just as shale has in this decade, is desperately seeking tax relief in Wednesday’s British budget.

KBR Wins Six-Year Offshore Contract from Aramco

KBR has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi Aramco’s offshore programme.

GE Investments to Help Saudi ‘Vision 2024’ Diversification Plan

GE has announced $100 million in new programmes that will further the company’s localisation efforts, build innovation capacity, and create jobs in advanced manufacturing and software analytics.

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