Saudi Arabia | Egypt Oil & Gas - Part 82

Aramco and King Fahd University Collaborate on Advanced College Program

Saudi Aramco and King Fahd University of Petroleum and Minerals (KFUPM) have signed a framework agreement supporting a new Petroleum Engineering and Geosciences college program.

Acwa Power in $400 million Dubai Solar Power Project

Saudi Arabia's Acwa Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday.

Saudi Oil Selling Price Rise for Asian Market in Works

Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades to Asia in April, including a hike in the OSP for Arab Light to a four-month top, in line with a strong ...

Saudi Oil Minister Calms Oil Fears, Says Demand Rising

Oil demand is growing and the market has turned “calm,” according to Saudi Arabia’s Oil Minister.

AnTech Opens New Middle East Facility in Saudi

AnTech, a directional coiled tubing drilling (DCTD) provider, has launched its Saudi Arabian presence with the opening of a new office in Al Khobar.

Arabtec’s Target Awarded $253 million Contracts from Saudi Aramco.

Arabtec has won construction contracts in Saudi Arabia worth over $253 million (AED 930m) through its subsidiary Target Engineering Construction Company.

Aramco Extends Shale Gas Bid Deadlines

State energy firm Saudi Aramco has extended the deadline for companies to bid for work on its unconventional gas facilities in the north of the country, signalling it remains committed to developing shale gas deposit ...

Saudi Crude Exports Decline from December Peak

Opec heavyweight Saudi Arabia's crude oil exports dropped in December by 362,000 b/d to 6.934 million b/d from 7.296 million b/d in the previous month, official data showed on Wednesday.

Saudi Aramco Modifies Plans to House Workers

Saudi Arabian Oil Co. is seeking partners to help build commercial properties in a 10,000-home project as the state-owned crude exporter takes a direct role in constructing accommodation for its employees.

Iraq, Iran Emulate Saudi Arabia in Asian Markets

Iraq and Iran cut their prices for March crude oil deliveries to Asia to the lowest in more than a decade, signalling the battle for a share of Opec’s largest market is intensifying.

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