Saudi Aramco | Egypt Oil & Gas - Part 30

Aramco, Petronas to Partner on Petchem Complex

Saudi Aramco is to receive an investment offer from Petronas by December 2016. The Malaysian company showed interest in  its $21b refining and petrochemicals project located in Pengerang, Johor. The offer will include...

Aramco Stopped Oil Supplies to Egypt

Saudi Aramco has informed the Egyptian General Petroleum Corporation (EGPC) in early October of its inability to supply Egypt with shipments of petroleum products, reported Reuters. No reasons or timeline was given fo...

Aramco Cancelled Asian Cargoes

The state oil giant Saudi Aramco cancelled a rare offering of prompt cargoes to buyers in Asia, after the Organization of Petroleum Exporting Countries (OPEC) reached a deal to cut output late September, reported Reut...

Engie to Build 1504MW Power Plant in Saudi Arabia

Saudi Electricity Company (SEC), which is in partnership with national oil giant Saudi Aramco, had awarded a contract to French utility company Engie to build a 1,504MW Fadhili power plant at a cost of $1.2b, reported...

Aramco to Close Refineries for Maintenance

Saudi Aramco plans to shut its refinery in Yanbu and its largest refinery in Ras Tanura in late 2016 for scheduled maintenance. Each shutdown could add 4m to 8m barrels of crude into global markets, depending on the e...

Japan Will Not Invest in Aramco’s IPO

Japan’s government declared it has no intentions to invest in state-run oil firm Saudi Aramco’s planned initial public offering (IPO), reported Reuters. An advisor to the Japanese Prime Minister, Yasutoshi...

Aramco to Expand Okinawa Storage to 2M Barrels

Saudi Arabia’s oil giant, Saudi Aramco’s CEO Amin Nasser signed an agreement with the Japanese government to expand their current storage deal to 2m barrels of crude storage capacity in Okinawa, southwest ...

Saudi Arabia Signed Energy Projects with China, Japan

Saudi Electricity Company (SEC) signed memorandums of understanding (MoU) with different Chinese and Japanese Firms that showed investment interest in the kingdom’s renewable energy projects, reported Reuters. T...

Yemeni Forces Attacked Aramco Facility

Yemeni forces fired ballistic missiles at the facilities of the Saudi state oil giant, Aramco, in the southwest of Saudi Arabia and Abha airport in Assir province in retaliation to Saudi attacks on a southwestern prov...

Operations Started at Sadra’s MFC Unit

Sadra Chemical, a leading petrochemical joint venture between Saudi Arabia’s oil giant Aramco and Dow Chemical, has started operating its mixed-feed cracker (MFC). The MFC is one of 26 manufacturing units locate...

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