Saudi Arabia | Egypt Oil & Gas - Part 89
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 stronge...
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. “We want to see calm markets,” Ali al-Naimi told reporters after a speech at a conference in the Red Sea city of Jazan ...
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. An integral part of the company’s global growth strategy, AnTech’s n...
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. Target Engineering Construction Company, which maintains a stro...
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 deposits...
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. In December, the kingdom...
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. The company...
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. Iraq’s Basrah Light crude will sel...
