Saudi Arabia | Egypt Oil & Gas - Part 83

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.

Oil Prices Responsible for Cancelled Gulf Projects, Layoffs

Projects worth around $200 billion (Dh734.47 billion) were cancelled globally in the last three months due to falling oil prices

Saudi Oil Minister in Talks with Algeria, Russia

Saudi Arabian Oil Minister Ali Al Naimi discussed Opec and the oil market with officials from Russia and Algeria, Saudi state news agency SPA reported.

Page 83 of 85

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