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.
ARLANXEO, a JV between Saudi Aramco and German LANXESS, becomes fully owned by Saudi Aramco after purchasing the remaining 50% stake.
The Egyptian Ministry of Petroleum and Saudi Aramco are working to construct several mazut storage warehouses by March 2019.
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, Russian sovereign wealth fund RDIF, and Japan’s Mitsui are in talks to acquire stakes in Novatek’s Arctic LNG 2 project.
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.
Saudi Aramco targets boosting its gas production through attracting investments worth $150 billion over the next 10 years.
Saudi Crown Mohammed bin Salman and Bahraini King Hamad bin Isa Al Khalifa opened a new oil pipeline connecting the two countries on November 26.
Saudi Aramco will sign 30 deals with local and foreign companies worth about $25 billion during the in-Kingdom Total Value Add (iktva) event.
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) signed on November 14 a strategic agreement for collaboration opportunities in the natural gas and liquefied natural gas (LNG) sector.
Saudi Aramco chief executive Amin Nasser has said that the delayed initial public offering (IPO) of the state oil giant will “certainly” happen when conditions are right.