Companies to cooperate in natural gas exploration, production, transmission and storage to LNG projects

10/10/2017 09:43 AST

Russian gas giant and Saudi Aramco have signed a Memorandum of Understanding for international cooperation in the gas sector.

Viktor Zubkov, Chairman of the Gazprom Board of Directors, and Amin H. Nasser, President and CEO of Saudi Arabian Oil Company, signed the document on October 6 in Moscow on the margins of the official visit to Russia by Saudi King Salman.

The document reflects the intention of the parties to explore the possibilities of cooperation along the entire value chain from natural gas exploration, production, transmission and storage to liquefied natural gas (LNG) projects, Gazprom said.


New Europe

Market rules ready for Aramco listing 'by end of June'

30/03/2018

Saudi Arabia expects to unveil by the end of June rules to prevent large share price drops in newly-listed companies, the final regulatory step for the listing of oil giant Saudi Aramco, the head of

Arab News

Aramco, Petronas form 2 Rapid project JVs

30/03/2018

Petroliam Nasional Berhad (Petronas), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, have announced the formation of two joint ventures for the Refi

Trade Arabia

Saudi Aramco finalizes refinery deal with Malaysia's Petronas

29/03/2018

Saudi Aramco finalized a deal on Wednesday with Malaysian state energy company Petroliam Nasional Berhad (Petronas) to invest in a refinery project off Malaysia.

The Saudi oil giant agreed

Arab News

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EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula