Saudi Aramco in Talks with Egypt to Refine Saudi Crude
Saudi Aramco is considering exporting crude oil to Egypt for refining
Saudi Aramco is considering exporting crude oil to Egypt for refining
Saudi Aramco is looking to spend approximately $300 billion over the next ten years to expand its upstream operations.
The state-run Saudi Aramco signed $4.5 billion in deals with international companies.
Saudi Aramco plans to increase its capital expenditures by close to 10% next year.
Saudi Aramco and Saudi Basic Industries Corporation (SABIC) are conducting a feasibility study for a facility to convert crude oil directly into petrochemicals
The plans for the initial public offering (IPO) of Saudi Aramco are not linked to market developments.
Tecnicas Reunidas, Saipem, and Samsung E&C are the primary contenders for a contract from Saudi Aramco for the construction of natural gas facilities in Haradh and Hawiyah.
Two state-owned Chinese oil companies have expressed interest in directly purchasing a share of Saudi Aramco.
Saudi Arabia pushed back against reports that it was considering a private offering of Saudi Aramco instead of the previously announced initial public offering (IPO).
To meet its self-imposed export cuts in November, Saudi Arabia is cutting crude oil shipments to customers in Asia.