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.
Saudi Arabia's 900,000 barrels-per-day (bpd) Manifa oil field will reach full capacity by 2014, earlier than expected, state oil giant Aramco's 2010 annual review, published on Monday, showed.
Saudi Aramco plans to bring the giant Wasit gas plant on line in 2013, earlier than expected, as it speeds up gas output expansion to meet rising domestic demand.
Saudi Arabian Oil Co. and Dow Chemical Co. have appointed KBR Inc. to manage the construction of an estimated $22 billion refinery and petrochemicals complex at Ras Tanura in eastern Saudi Arabia, the companies said.