Saudi | Egypt Oil & Gas

OPEC+ Decisions Not Politicized: Saudi Energy Minister

Decisions that OPEC+ makes are not politicized and are based on market realities, according to Abdulaziz bin Salman, Saudi Arabian Energy Minister.

OPEC+ Will Remain Proactive, Pre-Emptive, Saudi Oil Minister Says

Given the market uncertainty, OPEC and its allies must continue to be proactive, according to the Saudi Arabian oil minister.

Aramco Completes Share Sale Agreement Worth $12.4b

Aramco announced that it has completed share and purchase agreement with the consortium including EIG and Mubadala in which the consortium has acquired a stake of 49% in Aramco Oil Pipelines company.

Kuwait, Saudi Close to Neutral Zone Final Signing

Kuwait’s Deputy Foreign Minister, Khaled Al Jarallah, said that positive consultations with Saudi Arabia regarding the Neutral Zone are continuing, noting that the two parties are looking forward to the final sign ...

ACWA to Build PV Plant in Jordan

ACWA Power has secured $54m in loans for a 60.3MW solar photovoltaic (PV) project located in Mafraq, 50km north-east of Amman, Jordan.

PetroRabigh to Halt Operations

Saudi's PetroRabigh announced that it will suspend the operations of its ethane cracker unit for 21 days. The suspension will start mid November to complete the temporary maintenance and safety work.

Hyundai to Build Gas Plant in Saudi Arabia

Oil giant Saudi Aramco has awarded Hyundai Engineering and Construction with $727m contract to build a gas facility at Uthmaniyah plant.

Aramco, Turkey Signed MoUs

Saudi oil giant Aramco signed memoranda of understanding (MoU) with 18 Turkish firms in different sectors such as construction, power generation and related services.

Saudi Arabia, Russia Talk Oil Price Stability

The crown prince of Saudi Arabia, Mohammed Bin Salman, met the Russian President, Vladimir Putin, on the sideline of the G20 summit in eastern China, to discuss possible cooperation regarding oil production freeze pr ...

Van Oord Completed Land Reclamation for Kuwaiti Refinery

Netherland's' Van Oord has successfully executed ground improvement for the Kuwait National Petroleum Company (KNPC). The project included reclaiming 65mcm of sand and extensive soil improvement to be used in constr ...

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