ATC Succeeds in Selling its First LNG Cargo
Aramco Trading Company, Saudi Aramco’s trading subsidiary, sold a liquefied natural gas (LNG) cargo to South Korea's S-Oil Corporation.
Saudi Aramco | Egypt Oil & Gas - Part 6
Saudi IMI, ARO Drilling Sign Two RPAs
Saudi Arabia’s International Maritime Industries (IMI), a joint venture (JV) between Saudi Aramco, Lamprell, Bahri and Hyundai Heavy Industries, signed two rig purchase agreements (RPAs) with ARO Drilling, in addi ...
Saudi Aramco Engages in Oil, Gas Expansion Projects
Saudi Aramco pays a great deal of attention to launch five major expansion projects, aiming to boost Saudi Arabia’s crude oil and natural gas output.
Saudi Aramco’s SAEV Expands to the Asian Market
Saudi Aramco Energy Venture (SAEV), a subsidiary of Saudi Aramco, plans to launch a new fund. The new fund has reached around $500 million, according to SAEV CEO, Majid Mufti, who revealed that the venture capital ...
Apicorp Anticipates Petrochemical Investments’ Value in 2019-2023
According to the Gas Investments Outlook 2019-2023 released by the Arab Petroleum Investment Corporation (Apicorp), petrochemical investments in the Middle East and North Africa (MENA) region are expected to drop ...
SATORP’s Operations Undisrupted Despite Maintenance
SATORP will schedule maintenance on train 2 units at its oil refinery in Saudi Arabia.
Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank
Saudi Aramco has completed acquiring 17% stakes of South Korea's Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion.
Aramco, ADNOC to Build Indian Refinery Worth $70 B
The refinery is estimated to produce 1.2 million barrels per day (b/d) on the coast of the western state of Maharashtra at Roha in the Raigad district, about 100 kilometers (60 miles) south of Mumbai.
Aramco’s IPO Kicks Off Today
Saudi Aramco will start taking bids from local and foreign investors Sunday, November 17, with a preliminary valuation between $1.6 trillion and $1.71 trillion.
Saudi Aramco to Reduce Gas Flaring to Zero by 2030
Saudi Aramco announced that it was joining the World Bank (WB)'s initiative to reduce gas flaring to zero by 2030, noting that its flaring was already less than 1% of its total raw gas production in the first half ...
