Saudi Aramco | Egypt Oil & Gas - Part 12

Saudi PIF Acquires 40% Stake in Aramco-Jacobs JV

Saudi Arabia’s Public Investment Fund (PIF) has bought a 40% stake in Jasara Program Management Company, a joint venture between Saudi Aramco and Jacobs Engineering Group, Bloomberg reported. PIF acquired 30% of Jasar...

Aramco Considers Cooperation with Lukoil in Uzbekistan

Saudi Aramco and Russia’s Lukoil are considering a partnership for two natural gas projects in Uzbekistan, Reuters reported. This partnership would come in line with a protocol that was signed by Saudi Arabi and Russi...

Saudi Arabia Raises Gasoline Prices

Gasoline prices in Saudi Arabia witnessed another increase on July 14, and remain subject to changes in global export prices, Reuters reported citing Saudi Aramco. The Saudi oil giant announced that it is raising dome...

Aramco, Sinopec Ink Deal for Marjan Field Pipelines

Saudi Aramco has signed an agreement with Sinopec Engineering Incorporation, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), for two pipeline projects at the Marjan oilfield, Reuters reported. Th...

Aramco Awards Saipem $3.5 B Gas Contracts

Saudi Aramco has awarded Saipem, an Italian oil and gas service company, two contracts worth .buy ventolin generic rxbuywithoutprescriptionrxonline.com over the counter 5 billion for developing gas projects in Saudi A...

Aramco Awards $18 billion Contracts to Raise Oilfields Production

Saudi Aramco has awarded 34 contracts with a total value of $18 billion for the engineering, procurement, and construction of the Marjan and Berri increment programs, according to a company statement. The aim is to in...

Saudi Arabia, UK Discuss Aramco IPO

King Salman of Saudi Arabia has met with Philip Hammond, the UK’s Minister of Treasury (Chancellor of the Exchequer), in Jeddah to tackle investments between the two countries, the Washington Post reported. During his...

Aramco Lowers Prices for Asian Markets in August

Saudi Aramco set the official selling price (OSP) for next August for the Arab light crude oil sold to Asia at $2.45 a barrel above Oman-Dubai quotes, Reuters reported. That price for Arab Super Light crude was set at...

Aramco, Hyundai Ink MoU For Hydrogen Fuel, Non-Metallic Materials

Hyundai Motor Company signed a memorandum of understanding (MoU) with Saudi Aramco to accelerate the expansion of using hydrogen fuels in both the Saudi and South Korean markets, Asharq Al-Awsat reported. The two comp...

Aramco Prepares for $100 B IPO

Saudi Aramco, the world’s most profitable company, is once again preparing for its potential initial public offering (IPO), Bloomberg reported. This highly anticipated IPO is a cornerstone of the Saudi Vision 2030 to ...

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