Saudi Arabia | Egypt Oil & Gas - Part 9

European Commission, Saudi Arabia Talk Energy MoU

Saudi Arabia and European Commission held meetings discussing a Saudi-EU energy cooperation memorandum of understanding (MoU), Offshore Energy reported. Saudi Minister of Energy, Abdulaziz bin Salman, and the European...

El Molla Highlights Mining Sector Development in Egypt During International Mining Conference

Minister of Petroleum and Mineral Resources Tarek El Molla has highlighted the comprehensive development and upgrading of Egypt’s mining sector through the implementation of an integrated modernization program. ...

TAQA Well Services and Petrojet Forge Strategic Alliance to Capture Integrated Oilfield Opportunities

“TAQA” (Industrialization & Energy Services Company) a leading well solutions provider in the energy industry, and “Petrojet”, a leading regional Engineering-Procurement-Construction (EPC) contractor, signed a Mem...

TAQA Arabia to Establish Limited Liability Company in Saudi Arabia

TAQA Arabia announced completing the procedures for establishing a limited liability company in Saudi Arabia, the company said in a disclosure to the Egyptian Exchange (EGX). The company is established in cooperation ...

ADES Reveals IPO Plan, Expected to List 30% Stake on Tadawul

ADES Holding Company has announced its plans to float 30% of its share capital on the Saudi Tadawul. The company’s IPO offers 338,718,754 ordinary shares, which will be listed and traded on the Saudi Exchange’s Main M...

Town Gas Establishes First Overseas Branch in Saudi Arabia

The Egyptian Company for Natural Gas Distribution (Town Gas), a firm which has played a pivotal role in delivering natural gas to facilities and homes, has completed the establishment of its first overseas branch in S...

Nesma & Partners Signs Agreement to Acquire Kent

Nesma & Partners, a leading contracting company in the Middle East, has signed an agreement to acquire Kent, a global energy services provider. The transaction is predicted to be completed by the end of the calend...

Alkhorayef Invites El Molla to Attend Future Minerals Forum in Riyadh Next January

Minister of Petroleum and Mineral Resources Tarek El Molla held a session of talks with Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, on the sidelines of the Egypt Mining Forum 2023. During the ...

Saudi Arabia Deepens Its Oil Cuts in July

Saudi Arabia announced that it will be deepening its oil cuts for July, pushing the prices up despite concerns over a global economic slowdown and possible further interest rate increases from the U.S. Federal Reserve...

Aramco to Start $10B Oil Refinery Complex in China for 2026

Saudi Aramco and its joint venture partners, Panjin Xincheng Industrial Group and NORINCO Group, plan to start constructing a major integrated refinery and petrochemical complex that will be located in northeast China...

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