Saudi Aramco and Baker Hughes, a GE Company (BHGE), signed a memorandum of understanding (MoU) to establish a joint venture (JV) production facility to manufacture non-metallic materials in Saudi Arabia. This agreemen...
Saudi Aramco has signed 12 agreements worth billions of dollars with South Korea, the company said in a statement, according to Reuters. The agreements were signed with a diverse set of companies that work on ship bui...
Saudi Aramco signed a memorandum of understanding (MoU) with S-Oil, one of South Korea’s top refiners by capacity, to provide technical advice on a $6 billion petrochemical plant, according to Reuters. The MOU took pl...
Saudi Aramco and Air Products inaugurated the first hydrogen fueling station in Saudi Arabia, Saudi Gazette reported. “Today’s milestone is an important step in making oil-to-hydrogen a reality as Saudi Aramco continu...
Saudi Aramco and Malaysia’s Petroliam Nasional Berhad (Petronas) have begun operations at their new naphtha cracker, industry sources told Reuters. The cracker, which is part of the $2.7 billion Refinery and Petrochem...
Saudi Basic Industries Corporation (SABIC) and ExxonMobil will jointly construct a petrochemical facility, including a 1.8 million metric ton ethane steam cracker in Texas, Zaywa reported. “Building the world’s larges...
The Crown Prince of Saudi Arabia, Mohammed bin Salman, has expressed his commitment to go through with the anticipated initial public offering (IPO) of Saudi Aramco. “We are committed to the IPO of Saudi Aramco, but u...
Saudi Aramco will soon reveal its first-ever earnings call, according to the company’s newly launched website segment for investors, Bloomberg noted. The Investors page on the Saudi company’s website is showing that t...
Saudi Aramco has extended its offer to engage in Novatek’s Arctic LNG 2 project, according to Saudi Energy Minister Khalid Al-Falih, Reuters reported citing Russia’s TASS news agency. The minister stressed his h...
Saudi Aramco’s deal with Sempra Energy, a US gas export project, indicates the Kingdom’s commitment to continue supporting oil production cuts, Bloomberg reported, citing Brookfield Asset Management Incorporation. Ara...