Saudi Aramco has pulled out of a planned joint venture with Malaysia’s state-owned oil company Petronas, concerning the construction and operation of a major $27b refining and petrochemical project in southern Malaysi...
Oil and gas company Saudi Aramco said it is currently operating about 220 drilling rigs as it sees continued investment in capacity. Saudi Arabia’s Energy Minister, Khalid Al-Falih, said it comes despite low oil price...
UK’s Wood Group has secured a five-year deal to continue providing engineering and project management services to Saudi Arabia’s state-owned oil firm Saudi Aramco, BBC reported. Effective immediately, the ...
South Korea’s S-Oil, the country’s third-largest refiner, has signed a $1b deal to sell a combined 38m barrels of diesel, naphtha and jet fuel this year to Saudi Aramco, Reuters reported. Under the deal fo...
Saudi Arabia has cut its crude-oil production by at least 486,000b/d since October, bringing the world’s largest exporter of petroleum swiftly into line with OPEC’s deal to raise prices, Oil and Gas People reported. S...
Saudi Aramco has awarded two engineering, procurement, construction and installation (EPCI) contracts to L&T Hydrocarbon Engineering (LTHE), a fully owned subsidiary of Larsen & Toubro (L&T), in consortiu...
Seadrill has received a three-year contract extension from Saudi Aramco for the jackup rig AOD III. The extension, which will expire in December 2019, is in direct continuation of the current contract, World Oil repo...
Saudi Arabia’s Sadara Basic Services, which is fully owned by Sadara Chemical Co, said it would start late December planned maintenance of a mixed-feed cracker at its parent company’s petrochemical complex...
Saudi Aramco, the world’s leading integrated energy and petrochemicals enterprise, and PT Pertamina, Indonesia’s state oil and gas company, signed a Joint Venture Development Agreement (JVDA) to jointly own, upgrade a...
Saudi Aramco plans to commission its pilot 2.75MW GE wind turbine project in Turaif, the first in the kingdom, in Janurary 2017, as part of a nationwide drive to diversify energy supplies and meet an increase in deman...