Saudi Aramco | Egypt Oil & Gas - Part 15
Ghawar’s Field Production Reaches 58 B boe in 2018
The largest oil field in the world, Saudi Aramco’s Ghawar field, reached a production capacity of around 58 billion barrels of oil equivalent (boe) in combined reserves and 48. 3 billion in liquid reserves, Aramco sai...
SABIC to Proceed with its Growth Plans
Saudi Basic Industries Corporation (SABIC) plans to continue its development strategies regardless of Saudi Aramco’s shares acquisition, Reuters reported. The company’s plans will not be affected by the 70% stak...
Aramco to Issue $10 B Bonds
Saudi Aramco is preparing a $10 billion bond issuance in early April 2019, CNBC reported, citing the Wall Street Journal. For the world largest oil firm, the move is seen as an indicator of how well the company operat...
Aramco, Mcdermott to Establish New Oil Facility
Saudi Aramco has inked a land lease agreement with Mcdermott Arabia Company to build an engineering, procurement, construction and installation (EPCI) facility in Saudi Arabia, Reuters reported. The facility will be u... Aramco to Reduce its Carbon Footprint
Saudi Aramco has been establishing an international gas business in a way that diminishes its carbon footprint by converting more crude oil into chemicals, Amin Nasser, Aramco’s CEO said, Reuters reported. The company...
Novatek to Deal with Aramco on Arctic LNG 2 Project
Russian giant gas company, Novatek, has begun discussions with Saudi Aramco around Arctic LNG 2 project, Reuters reported. The talks were between Leonid Mikhelson, Novatek’s CEO and Khalid Al-Falih, Minister of ...
Saudi Arabia Discovers Gas Fields in Red Sea
Saudi Arabia discovered new natural gas fields in the Red Sea, according to the Saudi Press Agency (SPA) citing the Saudi Energy Minister Khalid Al Falih saying, Mubasher reported. Saudi Aramco will carry out feasibil... Aramco to Renovate Engines, Fuel amid Electric Type
Saudi Aramco is developing a gasoline compression ignition with a more efficient method of mixing fuel and air before combustion, Zawya reported citing Reuters. The gasoline compression results in lower nitrogen oxide...
