Saudi Aramco | Egypt Oil & Gas
KBR Secures Aramco Contract to Upgrade Marjan Offshore Facilities
KBR, the American engineering and technology company, has secured a deal with Aramco, the Saudi energy major, to support the upgrade of facilities across the Marjan offshore field in the Arabian Gulf. The Marjan is a...
Aramco Eyes New Gas Division Amid Potential Asset Listings
Saudi Aramco plans to reorganize its business and establish a dedicated gas division as it explores potential listings of business units to raise capital, Reuters reported, citing two sources familiar with the matter....
Aramco Reroutes Asian Crude Shipments via Fujairah Amid Hormuz Disruptions
Saudi Aramco is holding private talks with several Asian refiners to supply crude oil through ship-to-ship (STS) transfers off Fujairah in the UAE, as producers seek alternative routes amid continued disruptions to sh...
Petro Rabigh’s Largest Growth Project Remains on Track
Fahad Almuhaisin, Chief Financial Officer (CFO) of Rabigh Refining and Petrochemical Company (Petro Rabigh), a subsidiary of Aramco, told Asharq, Bloomberg’s Arabic news platform, in a TV interview that the comp...
Aramco Expands Crude Exports via Egypt’s Sidi Kerir
Saudi Aramco is offering extra crude cargoes for loading at Egypt’s Mediterranean port of Sidi Kerir, trading sources told Reuters, as Houthi threats to Saudi shipping heighten risks for southbound Red Sea exports thr...
Halliburton Q2 2026 Profit Rises on Global Growth, New Contracts
In the second quarter (Q2) of 2026, Halliburton posted net income of $534 million, up from $461 million last quarter. This growth was driven by a 5.5% sequential increase in revenue to $5.7 billion, an operating margi...
Aramco Posts 25% Surge in Q1 2026 Net Profit
Saudi Energy Giant Aramco reported a 25% year-on-year (YoY) increase in first-quarter (Q1) net profit for 2026, supported by operational resilience amid ongoing disruptions to shipping through the Strait of Hormuz, ac...
Aramco, Microsoft Sign MoU to Advance Industrial AI
Saudi Aramco, the global energy leader, and Microsoft, the technology innovation giant, have signed a non-binding memorandum of understanding (MoU) to explore a range of digital initiatives aimed at accelerating the d...
