Saudi Aramco | Egypt Oil & Gas - Part 8
Saudi Aramco Signs Deals Worth More than $2 B
Saudi Aramco has signed several agreements at the Future Investment Initiative conference in Riyadh, according to Zawya. Aramco signed a -billion deal with Tubacex Group for investments in CRA pipe threading, weld ove...
Aramco Sets a Timeline for Its IPO
Saudi Aramco is set to launch its initial public offering (IPO) on November 3, Al Arabiya announced on Twitter on October 29. Aramco’s media office refused to comment, saying that the timing of the IPO depends on mar...
Aramco, Indonesia’s Pertamina Discuss Refinery Cooperation
Saudi Aramco and Indonesia’s Pertamina have started negotiating the upgrade of Pertamina’s Cilacap oil refinery, Zawya reported. “We are trying to have an agreement this year, that is what they are p...
SABIC’s Strategy Remains Stable
Saudi Basic Industries Corp (SABIC) expects its strategy to remain on its growth track in light of the company’s acquisition by Saudi Aramco, according to the company’s CEO, Yousef al-Benyan, Zawya reporte...
Ras Tanura Refinery Puts in Place Its Largest Equipment
Ras Tanura Refinery Clean Fuels Project has put in place its largest and heaviest naphtha splitter column, weighing 544 tons, according to Pipeline Oil and Gas Magazine. The equipment took three hours to be placed aft...
Saudi Aramco Reduces Local Gasoline Prices for Q4
Saudi Aramco announced that it started reducing gasoline prices on October 20, according to Saudi Gazette. Aramco’s 91 grade — used by the majority of modern cars — will be priced at 1.50 riyals per liter, down ...
Saudi Arabia’s Oil Production Drops by 660,000 b/d in September After Attacks
Saudi Arabia’s oil production dropped by 660,000 barrels per day (b/d) in September, compared with August, reaching around 9.13 million b/d after an attack on its energy installation, Reuters reported. The oil product... Attacks on Aramco Not to Affect IPO Plans
The attacks on Saudi Aramco’s installations on September 14 will have no effect on its listing plans in the stock market, Amin Nasser, Aramco’s CEO, said in a conference in London, Reuters reported. Aramco’s Abq... 
