Saudi Aramco | Egypt Oil & Gas - Part 30

Saudi Aramco Completes Largest Offshore Tie-In Platform

Saudi Arabia’s national petroleum company has announced the completion of the largest offshore tie-in platform ever built in the country.

Egypt Receives $650m Fuel Shipments from Saudi Arabia

As part of the five-year agreement that Egypt has with Saudi Arabia to contribute in supplying the country’s fuel needs, Egypt has received shipments of petroleum products worth approximately $650m in May and June 20 ...

Aramco to Keep Spare Capacity in IPO

Saudi Arabia's Oil Minister said that the IPO of the world’s largest oil company is not an end to the policy of keeping some production capacity idle to guard any disruption in supply.

Saudi Arabia Hikes Asian Oil Prices

Saudi Arabia raised its pricing for June oil sales to Asia by the most since April 2015, a sign that the world’s biggest crude exporter expects demand to recover.

Aramco, SUMED Expand Saudi Oil Shipment to Europe

Saudi Aramco and Egypt's SUMED pipeline operator have signed a contract to boost the capacity of Saudi oil transported via SUMED from the Egyptian Ain Sukhna port on the Red Sea coast to Aramco's customers in Europe.

Egypt, Saudi Aramco Ink Petroleum Deal for Five Years

Egypt has signed a deal with Saudi Aramco stipulating that the Saudi company would supply the country with petroleum products for five years, the Egyptian Ministry of Petroleum said in a statement.

Saudi Aramco Plans to Double Gas Production in 10 Years

Saudi Aramco plans to almost double its gas production to 23bscf/d in the next decade, according to CEO Amin Nasser.

Saudi Aramco Cuts Light Crude Prices for Asia

Saudi Arabia cut pricing for March sales of its light crude grades to Asia to $1 a barrel, less than the regional benchmark.

Aramco Purchases $1.12b of Oil Products from South Korea’s S-Oil Corp

South Korea's S-Oil Corp agreed to sell $1.12b of oil products to Saudi Aramco Products Trading Company, an increase compared with 2015.

Aramco Will not Reduce Oil and Gas Investments

Saudi Aramco announced that it would not reduce its new investment in oil and gas production capacity despite the financial strain caused by low oil prices.

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