Saipem Signs $1.3 B Offshore Contracts with Aramco
Saipem has been awarded two contracts worth $1.3 billion to develop Saudi Aramco’s offshore Berri and Marjan fields.
Saudi Aramco | Egypt Oil & Gas - Part 16
Saudi Aramco Awards EPCI Contract to Indian Consortium
Saudi Aramco announced awarding an EPCI contract to Subsea 7 and Larsen and Turbo Hydrocarbon Engineering (LTHE), a subsidiary of Larsen and Turbo (L&T).
Saudi Arabia Announces Increasing Oil, Gas Reserves
Saudi reserves increased by 2.2 billion barrels to 263.1 billion barrels of oil at the end of 2017, while natural gas reserves rose to 319.5 trillion cubic feet.
TechnipFMC, MMHE Ink Offshore Development Deal with Saudi Aramco
TechnipFMC and its Malaysian partner, MMHE, inked a deal with Saudi Aramco to develop the offshore projects.
Saudi Aramco Becomes Full Owner of ARLANXEO JV
ARLANXEO, a JV between Saudi Aramco and German LANXESS, becomes fully owned by Saudi Aramco after purchasing the remaining 50% stake.
Egypt, Aramco to Complete Mazut Storage Units in March: El Molla
The Egyptian Ministry of Petroleum and Saudi Aramco are working to construct several mazut storage warehouses by March 2019.
Saudi Aramco Creates Retail Company to Support Downstream
Saudi Aramco announced on December 27 the establishment of the Saudi Aramco Retail Company (RetailCo), a wholly owned subsidiary, to satisfy the consumers’ needs of fuel.
Saudi Aramco, RDIF, Mitsui Consider Acquiring Novatek’s LNG Stakes
Saudi Aramco, Russian sovereign wealth fund RDIF, and Japan’s Mitsui are in talks to acquire stakes in Novatek’s Arctic LNG 2 project.
Saudi Aramco Awards Well Service Contract to BHGE
Saudi Aramco has awarded Baker Hughes, a GE company (BHGE), a well-testing contract to optimize the production from existing and new wells in Saudi Arabia.
Aramco Plans to Attract $150B Investments for Natural Gas Exports
Saudi Aramco targets boosting its gas production through attracting investments worth $150 billion over the next 10 years.
