Saudi Aramco | Egypt Oil & Gas - Part 32

Riyadh, Beijing Sign 14 MoUs Including Nuclear Reactor Deal

Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Riy...

Saudi Aramco Confirms IPO Plans In Privatization Bid

Saudi Aramco has confirmed that it was studying plans to issue Initial Public Offerings (IPOs) in a partial privatization bid of the world’s largest oil company, reported Reuters. A statement issued by the company sai...

Aramco Confident Saudi Can Ride Out Oil Price Crunch

Saudi’s state oil company, Aramco stated that Riyadh had the capacity and was better equipped to wait out current low oil prices compared to other oil producers, while projecting a more stable market in 2016, Re...

EGPC Presents Monthly Needs to International Cooperation Ministry

The Egyptian General Petroleum Corporation (EGPC) presented its monthly petroleum needs report to the Ministry of International Cooperation, Daily News Egypt informs. The report came as Egypt and Saudi Arabia were in ...

PetroRabigh to Reopen its Refining, Petrochemical Complex

Saudi Arabia’s PetroRabigh will restart most operations at its refining and petrochemical complex on December 3rd, after a 50-day maintenance work, while high olefin cracker unit will remain offline until estima...

Saudi Aramco Research Network Reaches Detriot

Saudi Aramco has opened a research and development (R&D) centre in the Detroit area of the US as part of company’s global fuels technology program, reported Trade Arabia. The Aramco Research Centre-Detroit, locate...

Temporary Leadership Vacuum at Aramco Filled

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. Nasser has been serving as senior vice-preside...

Saudi Aramco to Invest $35B in Oil Exploration, Development

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, t...

CGGVeritas Announces R&D Collaboration with Saudi Aramco

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 Aramco Said to Raise June Differentials for Sidi Kerir Oil

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. The st...

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