Saudi Aramco senior vice-president Amin al-Nasser has been named acting chief executive of the state oil giant until further notice, Aramco said on its website on Friday.
State-owned oil giant Saudi Arabian Oil Co., known as Saudi Aramco, plans to invest $35 billion over the next five years in crude oil exploration and development in a bid to keep its oil production portfolio robust, ...
CGGVeritas announced that it has signed a Memorandum of Understanding (MOU) with Saudi Aramco for collaborative research and development of geophysical acquisition, processing, analysis and interpretation technologies.
Saudi Arabian Oil Co. raised differentials used to determine official selling prices for June shipments from Egypt's Sidi Kerir port on the Mediterranean Sea, two people familiar with the pricing decision said.
A new joint venture between two major companies in technology and oil sectors has been established to set up a sophisticated center for conducting nondestructive tests in the oil sector.
Saudi Aramco has started testing the first of three trains at an expanded gas processing facility for its offshore Karan field that are set to deliver an output boost for the project later this year, according to a r ...
Saudi Arabia is beginning an oil exploration push that it says is expected to turn up 100 billion barrels of new oil in existing fields in the Kingdom and in unexplored regions including in the Red Sea.
South Korean refiner S-Oil said on Thursday that it had signed a long-term contract with Saudi Aramco, Saudi Arabia's state-owned oil company, to receive crude oil for 20 years.
Saudi Arabian Oil Co plans to increase its drilling-rig count by 12 percent next year to 145 to boost natural-gas and oil output from its Manifa field, a former executive of state-run company said.