Iran says Saudi Arabia should move to curb oil price fall

• Friday, 2nd January 2015
• by Egypt Oil & Gas

Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world's biggest crude exporter, takes action to reverse the slump, Iran's deputy foreign minister told Reuters.

Russia Lukoil Eyes Gas Production in Saudi Arabia in 2014

• Tuesday, 3rd September 2013
• by Egypt Oil & Gas

Russia's No.2 oil producer Lukoil plans to start natural gas production in Saudi Arabia next year, the company's vice president Leonid Fedun said on Friday.

Iran to develop biggest joint oil field with Saudi Arabia

• Wednesday, 2nd May 2012
• by Egypt Oil & Gas

The National Iranian Oil Company (NIOC) has started developing Iran's biggest offshore oil field in the Persian Gulf which is shared with Saudi Arabia.

Saudi maneuver to contain Iran oil market threat

• Sunday, 26th February 2012
• by Egypt Oil & Gas

Saudi Arabia has raised oil exports and the United States is considering releasing crude from its strategic reserves as oil prices hit nine-month highs on Friday and concerns deepened over Iran's nuclear program.

Foster Wheeler Awarded EPCm Contract for Propylene Oxide Unit in Saudi Arabia

• Tuesday, 14th February 2012
• by Egypt Oil & Gas

Foster Wheeler AG announced that subsidiaries of its Global Engineering and Construction Group have been awarded an engineering, procurement and construction management contract by Aramco Overseas Company B.V. , a su ...

Technip awarded contract for a Gas and Condensate Export System project in Saudi Arabia and Kuwait

• Tuesday, 14th February 2012
• by Egypt Oil & Gas

Technip was awarded a contract by Kuwait Gulf Oil Company (KGOC), for the engineering, procurement, construction and commissioning assistance of their Gas and Condensate Export System project.

Saudi energy investment at $141b in 5 years biggest in MENA region

• Thursday, 2nd February 2012
• by Egypt Oil & Gas

Saudi Arabia remained the dominant energy investor in the Middle East and North Africa (MENA) region, with an estimated $141 billion during 2012-2016, data from the Dammam-based Arab Petroleum Investment Corporation ...

Saudi Arabia Names Candidate to Head OPEC

• Wednesday, 1st February 2012
• by Egypt Oil & Gas

Saudi Arabia has nominated its candidate to succeed the current head of the Organization Petroleum Exporting Countries, Gulf oil sources said Tuesday, potentially reviving a scramble for influence within the producer ...

Italy Eni, Spain Repsol quit Saudi gas hunt

• Saturday, 21st January 2012
• by Egypt Oil & Gas

Italy's Eni and Spain's Repsol have given up looking for gas in Saudi Arabia's Empty Quarter, two sources familiar with the joint venture with Saudi Aramco said.

Saudi says can pump more fast, favors $100 oil

• Tuesday, 17th January 2012
• by Egypt Oil & Gas

Saudi Arabia, the world's top oil exporter, said on Monday it can pump more oil at a moment's notice, the day after Iran warned Gulf oil producers not to compensate for any disruption to Iranian output.