Saudi Aramco | Egypt Oil & Gas - Part 21
Saipem Wins $800 M in Contracts
Italian oil and gas contractor Saipem has won contracts worth approximately $800 million in total for engineering and construction in Saudi Arabia, Iraq and other countries, Pipeline Oil and Gas Magazine reported. Sau...
Saudi Arabia Looks to Increase Asian Crude Exports
Saudi Arabia is looking to increase its oil exports to Asia, anonymous sources told Bloomberg. The Arab kingdom will export more of its Arab Extra Light crude to at least two buyers in Asia in August along with the re...
Saudi Arabia Plans to Pump 11 mb/d in July
Saudi Arabia plans to pump 11 million barrels per day (mb/d) in July, a record high for the country, up from 10.8 mb/d in June, a source close to the situation told Reuters. OPEC agreed at its meeting in Vienna on Jun...
Saudi Aramco, ADNOC Sign $44B Refinery Deal
Abu Dhabi National Oil Company (ADNOC) has signed to buy part of Saudi Aramco’s stake in the $44 billion Ratnagiri refinery in Maharashtra, India, The Economic Times reported. Aramco signed an agreement in April...
Saudi Aramco has 2M b/d in Spare Capacity: CEO
Saudi Aramco has 2 million barrels per day (b/d) in spare capacity, double the expected OPEC-sanctioned increase in production, CEO Amin Nasser said on June 25, Reuters reported. Aramco currently produces around 10 mi...
Saudi Aramco Executive Details Downstream Plan
Saudi Aramco is looking to expand its investments in refining and petrochemicals to secure new markets for its crude, and has identified growth in chemical industries as strategic in combating the risk of a slowdown i...
Saudi – Bahrain Pipeline Project Slated for Completion in 2018
Oil pipelines between Saudi Arabia and Bahrain are expected to be completed during 2018, according to Bahrain’s Oil Minister Mohammed Al-Khalifa, Mubasher reported. The pipelines will stretch 118 km (73 km onsho...
Aramco, Indonesian Company Strike Gasoline Supply Agreement
Saudi Aramco Products Trading Company (ATC) and Indonesia’s Pertamina struck a gasoline supply deal, as Aramco looks to increase its presence in the Southeast Asian market, Platts reported. ATC and 15 other regional s... 
