Saudi Aramco | Egypt Oil & Gas - Part 2

NESR Awarded Conventional Fracturing Contract by Aramco in Saudi Arabia

The National Energy ServicesReunited Corp (NESR) has announced that it has been awarded one of the major contracts for Integrated Rig-less Stimulation and Testing Services ("Conventional Fracturing") in Saudi Arab ...

Aramco Achieves Net Income Worth $110B in 2021

Saudi Arabia's Aramco announced that it has achieved a jump in its net profits which more than doubled year-on-year (YoY) by 124% to $110 billion in 2021 compared to $49 billion in 2020.

Aramco, Korean Entities Sign Ten Agreements at Saudi-Korean Investment Forum

The Saudi Arabian Oil Company (Aramco) announced that it has signed an agreement in addition to nine Memoranda of Understanding (MoUs) with major Korean entities aiming to advance its downstream strategy and devel ...

El Molla Takes Part in ADIPEC Awards Ceremony

As one of the High-level Judgement Committee members, the Minister of Petroleum and Mineral Resources Tarek El Molla has participated in the delivery of ADIPEC conference 2021 awards.

Saudi Aramco Endeavors to Offer More Deals to Investors

Saudi Aramco’s CEO Amin Naseer said that his company seeks to more potential deals to offer to investors and unlock its capital.

Saudi Aramco to Sell More Assets

Saudi Aramco plans to sell more of its assets in order to raise billions of USD dollars.

Saudi Arabia Intends 1 mmbbl/d Reduction in Domestic Hydrocarbons Consumption

Saudi Arabia intends to slash liquid hydrocarbons’ domestic consumption by 1 million barrels per day (mmbbl/d) to be better used and monetized, Energy Minister Prince Abdulaziz bin Salman stated.

Aramco Announces Four Oil, Gas Discoveries

Saudi Aramco has made four new oil and gas discoveries in the Kingdom, Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, stated.

Aramco, Baker Hughes New JV to Develop Non-Metallic Products

Saudi Aramco and Baker Hughes have formed a Novel 50/50 joint venture (JV) to develop a broad range of non-metallic products for multiple applications in the energy sector.

Saudi Arabia Aims for Hydrogen Market Dominance

The world’s biggest oil exporter, Saudi Arabia, has set its sights on becoming the major player in supplying hydrogen to the market.

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