Saudi Aramco | Egypt Oil & Gas - Part 17
Saudi Aramco Awards EPCI Contract to Indian Consortium
Saudi Aramco announced on January 15 awarding an engineering, procurement, construction, and installation (EPCI) contract to Subsea 7 and Larsen and Turbo Hydrocarbon Engineering (LTHE), a subsidiary of Larsen and Tur...
Saudi Arabia Announces Increasing Oil, Gas Reserves
Saudi Arabia announced that its oil and natural gas reserves have increased following an external audit conducted in preparation for the company’s long-awaited initial public offering (IPO), Pipeline Oil & G... TechnipFMC, MMHE Ink Offshore Development Deal with Saudi Aramco
TechnipFMC and its Malaysian partner, MMHE, inked a deal with Saudi Aramco to develop offshore projects, Pipeline Oil & Gas Magazine reported. The six-year deal will see the company provide engineering, procuremen... Saudi Aramco Becomes Full Owner of ARLANXEO JV
ARLANXEO, a joint venture (JV) between Saudi Aramco and German LANXESS, becomes fully owned by Saudi Aramco after purchasing the remaining 50% stake, Aramco announced in a statement on December 31,2018. The $1.7 billi...
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, Minister of Petroleum Tarek El Molla has said, Egypt Oil & Gas reports. The joint projec... 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. “We are very excited with the establishment of...
Saudi Aramco, RDIF, Mitsui Consider Acquiring Novatek’s LNG Stakes
Saudi Aramco, Russia’s sovereign wealth fund RDIF, and Japan’s Mitsui are in talks to acquire stakes in Novatek’s Arctic LNG 2 project, sources familiar with the talks told Reuters. “Mitsui, Saudi Aramco, ...
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, Baker Hughes announced in a press release. The contract lasts... 
