Saudi Aramco has awarded a $75 million engineering, procurement, and construction (EPC) contract to Target Engineering Construction Company a subsidiary owned by Arabtec Holding, a Dubai-based leading contractor for s...
Saudi Aramco announced that it aims to pay a $75 billion dividends in 2020 as it prepares for an initial public offering (IPO), Pipeline Oil and Gas News reported. According to a document by the company, Aramco would ...
Saudi Aramco will provide India’s Reliance Industries with agreed volumes and grades of crude oil in October 2019, according to a spokesperson at the Indian company, Reuters reported. “Aramco (has) confirmed and reass...
Saudi Arabia’s ethane production gas now reached 900 million standard cubic feet per day (mscf/d), while current local demand stands at 940 mscf/d, according to Saudi Minister of Energy Prince Abdulaziz bin Salman, Ah...
Saudi Arabia considers expanding the initial public offering (IPO) of Saudi Aramco by floating a 10% stake, instead of 5% as previously planned, Wall Street Journal first reported. The Saudi Royal Court is reportedly ...
Aramco Asia has recently organized a series of events in the Asia-Pacific region to promote Saudi Aramco’s iktva localization program and attract Asian investors and suppliers, according to a company statement. Two fo...
Saudi Arabia has recovered around 75% of the production lost due to the recent drone attacks on two major oil plants in Khurais and Abqaiq, Reuters reported. Production from Khurais has now exceeded 1.3 million barrel...
Saudi Aramco has reportedly chosen Barclays, BNP Paribas, Credit Agricole, Societe Generale, Deutsche Bank, Gulf International Bank, and UBS Group as managers of its planned initial public offering (IPO), Bloomberg re...
Saudi Aramco and Weatherford International have signed a five-year corporate procurement agreement to deliver cementation, completions, liners, solid expendables and casing exit technologies, according to a company st...
Saudi Aramco announced that it has completed the acquisition of Shell Saudi Arabia Refining’s 50% interest of the Saudi Aramco Shell Refinery (SASREF) joint venture (JV) in Jubail Industrial City for $631 million. Ara...