Saudi Aramco awarded Jacobs Engineering Group Inc. a contract for the engineering and project management services of the Zuluf Development Program’s Arab Heavy Crude Oil Increment, 600 million barrels crude per ...
Saudi Aramco signed preliminary cooperation agreements worth $10 billion with several leading oil services companies during Crown Prince Mohammed bin Salman’s visit to the US on March 27, The National reported. ...
Saudi Aramco agreed with Egypt to supply crude oil for six month for the Egyptian refiners, starting January 2018, Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources, told Reuters. According to the a...
Saudi Aramco signed a memorandum of understand (MoU) with Schlumberger valued at $1.6 billion, Reuters reports. The two companies signed two contracts, Middle East Monitor reports, requiring the US-based company to pr...
Saudi Aramco is seeking bookrunners and coordinators for its proposed initial public offering (IPO), sources told Reuters. The company plans to offer an IPO of up to 5% of its valuation next year. JP Morgan, Morgan St...
Saudi Aramco has awarded Saipem a new contract to conduct Engineering, Procurement, Construction (EPC) work in Saudi Arabia, Rigzone reported. The contract comes as a part of long-term agreement sealed in 2015 until 2...
Saudi Aramco is planning new investments in the petrochemicals sector, the company’s CEO, Amin Nasser, told Reuters. These investments will be in addition to the $20 billion petrochemical plant that the company and Sa...
Rising crude demand is rebalancing the oil market, the CEO of Saudi Aramco, Amin Nasser, indicated, according to Bloomberg. Global supplies of crude are falling as markets rebalance, contributing to higher prices, Nas...
Saudi Aramoc and Saudi Basic Industries Corporation (SABIC) signed a memorandum of understanding (MoU) for the construction of a petrochemical complex, Reuters reports. The projected cost of the project is billion. Th...
Saudi Aramco has closed its refinery in Jeddah, Reuters reports. The refinery, which had been in operation since 1967, produced liquefied petroleum gas (LPG), gasoline, diesel, jet fuel, naphtha, and asphalt, accordin...