Saudi Aramco in talks to invest in West Coast refinery
(The Hindu Business Line - 09/10/2017)
Saudi Aramco is exploring opportunities to invest in the West Coast refinery in a bid to expand its footprint in India. In response to a query whether Saudi Aramco has expressed interest for investing in the West Coast refinery, Minister for Petroleum
Modi to meet chiefs of BP, RIL, Saudi Aramco and other energy majors
(Business Standards - 09/10/2017)
With the country gearing up to allot blocks under its new round of oil and gas auctions, Prime Minister Narendra Modi is set to meet key global industry giants on Monday. Modi is set to meet BP chief executive officer Bob Dudley, Saudi Aramco CEO Amin H
Aramco, Saudi Public Investment Fund to Found 'Super Contractor'
(Asharq Al-Awsat - 09/10/2017)
Saudi Arabia's Public Investment Fund (PIF) and Saudi Aramco are planning to set up a "super contractor" in partnership with local and international contractors. MEED reported on Saturday that Aramco, PIF, a local contractor and an international
Saudi Aramco expands in India
(Arab News - 09/10/2017)
Saudi Aramco launched a new Indian venture near New Delhi, a government statement said on Sunday, as the global oil exporter looks to tap rising demand and invest in the world's third-biggest consumer. India's Oil Minister Dharmendra Pradhan, who jointly
Saudi Arabia expected to encourage generous Aramco dividend policy
(Arab News - 08/10/2017)
A "generous" dividend policy would help to align the interests of Saudi Aramco investors and the government, S&P said in a report. The rating agency noted that a reduction in income tax rates for the larger hydrocarbons producers earlier this year means
Aramco Asian Downstream Plans Advance With Malaysia Polymers Push
(MEES - 07/10/2017)
Aramco is expanding downstream in Malaysia and elsewhere in Asia. A new Indian subsidiary paves the way for investment there. Saudi Aramco is paying $900mn for 50% of PRPC Polymers, a subsidiary of Malaysian state firm Petronas. The deal appears to be
Saudi Aramco to boost turnkey drilling contracts
(Reuters - 07/10/2017)
Saudi Aramco plans to increase turnkey drilling contracts as part of a strategy to boost collaboration with major oilfield service providers, four industry sources said. Aramco floated two tenders to renew work at the South Ghawar field; work that used
Saudi Aramco signs five agreements with Russian companies
(The National - 06/10/2017)
Saudi Aramco's chief executive officer Amin H Nasser said that there is more scope for Saudi Arabian and Russian companies to cooperate in creating a sustainable energy future through business and operational initiatives driven by technology, research
PCG frees up capital for future projects after Aramco deal
(ICIS - 06/10/2017)
Malaysia's PETRONAS Chemicals Group (PCG) will be freeing up capital for future investments by partnering state-owned oil giant Saudi Aramco in its glycols and polymers project in Johor, analysts said. PCG has agreed to sell half its stake in
Saudi Aramco said to have long-term requirement for 200 vessels
(Offshore Support General - 06/10/2017)
There are significant opportunities for offshore vessel operators in Saudi Arabia and UAE, but rates remain just above breakeven levels Well placed sources says Saudi Aramco requires as many as 200 more offshore support vessels (OSVs) in the coming years
Saudi Aramco to Boost Turnkey Drilling Contracts
(Reuters - 05/10/2017)
Saudi Aramco plans to increase turnkey drilling contracts as part of a strategy to boost collaboration with major oilfield service providers, four industry sources said. Aramco floated two tenders to renew work at the South Ghawar field; work that used
Russia's Sibur, Saudi Aramco agree to explore possible cooperation
(Reuters - 05/10/2017)
Sibur, Russia's largest producer of petrochemicals, and Russian state investment fund RDIF on Thursday signed a memorandum of understanding with energy company Saudi Aramco to exploit possible cooperation in Russia and Saudi Arabia. The companies plan to
Saudi Aramco Plans Expansion in India With New Unit
(Reuters - 05/10/2017)
Oil giant Saudi Aramco will open an Indian subsidiary next week, three sources said, as the top global oil exporter looks to tap rising demand and invest in the world's third-biggest consumer. The company is investing in refineries in major markets to
Saudi Aramco CEO: not discussing taking stake in Novatek's Arctic LNG
(Reuters - 05/10/2017)
Saudi Aramco is discussing several investment opportunities with Russian firms but there are no current plans to take a stake in Novatek's liquefied natural gas project, Aramco's chief executive Amin Nasser said on Thursday. "We are not discussing this
Saudi Aramco, Russia move to shake up gas markets, say analysts
(The National - 05/10/2017)
Russia and Saudi Arabia are set to announce landmark deals in the wake of a three-day visit by King Salman to Moscow which may reshape gas markets, according to analysts. The state visit marks the beginning of a powerhouse alliance to catalyse the energy
Aramco sees collaboration with leading Russian firms
(Saudi Gazette - 05/10/2017)
Saudi Arabian Oil Company (Saudi Aramco) is participating in the historic Royal Visit to Russia by The Custodian of the Two Holy Mosques King Salman Bin Abdulaziz Al-Saud on Oct. 4-7, 2017. The visit will reinforce the already strong relationship between
Showcasing Saudi Aramco's first in-house basin simulator
(Press Release - 04/10/2017)
Saudi Aramco's first in-house basin simulator was recently introduced to our upstream scientists, showcasing the capabilities of the powerful new simulator, which is designed to reveal the hidden journey of oil to its present day locations to support
Mourant Ozannes advises Saudi Aramco on USD10bn Islamic bond issuance
(Institutional Asset Manager - 04/10/2017)
Mourant Ozannes has advised the Saudi Arabian Oil Company, otherwise known as Saudi Aramco, in connection with the corporate structuring of its first Sukuk Issuance Programme, for an issuance of up to SAR37.5 billion (USD10 billion) Sukuk (Islamic
Saudi Aramco to increase Russian ties
(The National - 04/10/2017)
Saudi Arabian Oil Company, known as Saudi Aramco and Opec's biggest crude producer, will sign a number of memorandums of understanding with various Russian companies to increase collaboration between the two energy giants, Aramco said on Tuesday. "There
Investcorp eyes businesses linked to Saudi Aramco
(Arab News - 04/10/2017)
Bahrain-listed Investcorp aims to invest in companies that support oil giant Saudi Aramco and is also eyeing health care and education assets being sold in Saudi Arabia's privatization drive, its executive chairman said. The private equity and
Strategic Partnership Between Aramco, Malaysia's Petronas Chemicals
(Asharq Al-Awsat - 03/10/2017)
Saudi Aramco has entered into a strategic partnership with Petronas Chemicals Group Berhad (PCG) to enhance the value and competitive positioning of its petrochemicals projects within the Petronas Pengerang Integrated Complex (PIC) in Johor, south of
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