Aramco awards contracts for Haradh & Hawiyah Gas development projects
(Press Release - 30/11/2017)
Saudi Aramco awarded three site development contracts to Mofarreh Alharbi & Partners as part of the company's Gas Compression Program in Haradh and Hawiyah. Fahad Al-Helal, Saudi Aramco vice president for project management, signed the contracts on
Aberdeen oil services giant highlights strong relationship with Aramco
(Herald Scotland - 30/11/2017)
WOOD Group has been enlisted to help Saudi Arabia's efforts to develop the country's industrial capacity and skills base. The Aberdeen-based engineering giant has agreed a Memorandum of Understanding with state-owned oil firm Saudi Aramco. It said this
Ballast-Check 2 Approved by Aramco for Indicative Compliance Testing
(Press Release - 30/11/2017)
Following detailed scientific and technical evaluation by the Environmental Protection Department of Saudi Aramco, the Turner Designs' Ballast-Check 2 Handheld PAM Fluorometer (USA) is approved as a valid Ballast Water Sampling Instrument. Saudi Aramco
Hong Kong listing would help Aramco with huge Chinese demand for IPO
(Times of Oman - 30/11/2017)
Hong Kong Exchanges & Clearing (HKEX) Chief Executive Charles Li said a Hong Kong listing by Saudi Aramco would help the oil giant to anchor huge Chinese demand for its planned IPO. "It's going to provide compelling benefit because they are able to use
Wood and Saudi Aramco sign MoU supporting in-country opportunities
(Press Release - 29/11/2017)
Wood has entered into a Memorandum of Understanding (MoU) with Saudi Aramco, signalling its continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia. The MoU supports Saudi Aramco's In-Kingdom
Gulf Interchem to build by-product recycling plant for Sadara
(Reuters - 29/11/2017)
Sadara Chemical, a joint venture between Saudi Aramco and DowDuPont, said on Tuesday that Bahrain-based Gulf Interchem plans to build a by-product recycling plant near Sadara's complex in Jubail. "Gulf Interchem will build an integrated treatment plant
Aramco-SABIC partnership will give Saudi economy 'more flexibility'
(Arabian Business - 28/11/2017)
Integration between Saudi Aramco and Saudi Basic Industries (SABIC) in refining and the petrochemicals will create more flexibility in the kingdom's economy, according to a new analysis from BMI Research. The two companies recently formed a preliminary
Saudi Aramco Plans More Petrochemical Ventures After $20B Deal
(Oilprice.com - 28/11/2017)
Saudi Aramco will enter more petrochemical projects to boost its downstream business after it signed a preliminary $20-billion joint venture agreement for a crude oil-to-chemicals complex in Saudi Arabia, Aramco's chief executive CEO Amin Nasser told
Aramco Sees Oil Market Balanced as U.A.E. Dismisses Shale Threat
(Bloomberg - 26/11/2017)
Global crude inventories are declining and supply and demand are in balance, according to the head of Saudi Aramco, while the United Arab Emirates energy minister said U.S. shale oil doesn't threaten OPEC's efforts to support the market. Demand for crude
Saudi Aramco, SABIC to sign MoU on $25 bln oil to chemicals complex
(Reuters - 26/11/2017)
State oil giant Saudi Aramco and Saudi Basic Industries Corp (SABIC) are about to sign a memorandum of understanding to build a complex converting crude oil to chemicals in the kingdom, sources told Reuters on Sunday. The two companies had agreed in June
Aramco In Talks With Chinese Petrochemical Producers
(Oilprice.com - 23/11/2017)
Aramco is in talks with Chinese petrochemical producers that are building new plants to supply them with crude, a company vice-president told Bloomberg. The talks are part of Saudi Arabia's efforts to gain more exposure to refining and petrochemicals and
Aramco's role in supporting creativity at Asbar forum
(Press Release - 23/11/2017)
Muhammad M. Al Saggaf, senior vice president of Operations and Business Services, affirmed in remarks during the opening ceremony Saudi Aramco's strong belief in the role creativity and innovation play as a driving force toward progress and prosperity.
Saudis Eye Oil Sales to World's Biggest Plants Emerging in China
(Bloomberg - 23/11/2017)
Saudi Arabia's status as the biggest oil supplier to China has been usurped by Russia. OPEC's biggest producer is now trying to regain ground in the world's largest crude importer. State-run Saudi Arabian Oil Co., known as Aramco, is in supply talks with
McDermott awarded next phase of Safaniya EPCI contract for Aramco
(Press Release - 22/11/2017)
McDermott International, Inc. (NYSE:MDR) today announced a major* contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Safaniya onshore and offshore field. The contract, awarded under the
Aramco Converts Jeddah Refinery into Distribution Hub after 50 Years
(Asharq Al-Awsat - 20/11/2017)
Saudi Aramco has shut down its crude oil refinery in Jeddah, which is considered one of the Kingdom's oldest as it was established 50 years ago, converting the complex into a hub for oil products distribution. The company is seeking to eliminate refining
Saudi Aramco shuts Jeddah refinery indefinitely, sources say
(Gulfnews - 20/11/2017)
Saudi Arabia: State oil giant Saudi Aramco has shut down its 90,000 barrel per day crude oil refinery in Jeddah indefinitely, industry sources familiar with the matter said on Sunday. Aramco had for years been considering whether to shut the refinery
Saudi Aramco signs contracts worth $4.5bn for mega projects
(Hydrocarbons Technology - 14/11/2017)
Saudi Aramco has signed agreements worth around $4.5bn with several contractors for oil and gas mega projects. The objective of the projects is to enhance the company's energy sustainability, diversify the economy, increase gas production, and localise
Pit stops equal profit in ADNOC listing-but it's no pointer for Aramco
(Arab News - 14/11/2017)
The UAE's biggest convenience-store operator has announced it is going to sell 10 percent of its shares on the Abu Dhabi Securities Exchange (ADX) in an initial public offering (IPO) that could value it at as much as $8 billion. The announcement was made
NPCC wins $326m Saudi Aramco EPC contracts
(Trade Arabia - 13/11/2017)
UAE's National Petroleum Constructions Company (NPCC) said it has been awarded a Dh1.2 billion ($326 million) engineering, procurement and construction (EPC) contract for an offshore platforms and two pipelines for Saudi Aramco's Al Safaniya oilfields.
Aramco plans to spend $300 bln over 10 years in upstream oil and gas
(Reuters - 13/11/2017)
Saudi Aramco plans to spend close to $300 billion over 10 years in upstream oil and gas projects, Chief Executive Amin Nasser said on Monday. Speaking at the ADIPEC energy conference in Abu Dhabi, Nasser said: "This is mainly upstream, onshore, offshore
Moscow, Riyadh agree to explore Aramco taking part in Novatek project
(Reuters - 13/11/2017)
Russia and Saudi Arabia have agreed to study the possibility of national oil company Saudi Aramco taking part in Novatek's Arctic LNG 2 project, RIA news agency reported on Monday. Aramco Chief Executive Amin Nasser had said last month that the company
IPO preparations ongoing, no decision on venue abroad
(Reuters - 12/11/2017)
Preparations to float shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the venue for the international listing, the chief executive of the state oil company told Al Arabiya Television channel. "Preparations are
NPCC awarded Dhs1.2 billion Aramco contract
(The Gulf Today - 12/11/2017)
UAE's National Petroleum Constructions Company (NPCC) has been awarded a Dhs1.2-billion Engineering, Procurement and Construction (EPC) contract for an offshore platform and two pipelines for Saudi Aramco's Al Safaniya oilfields. Hussain Jassem Al
Dubai to get spillover boost from Aramco listing says DIFC chief
(Arab News - 12/11/2017)
Dubai is set to benefit from the spillover effect of a Saudi Aramco listing and other market reforms underway in Saudi Arabia, according to the chief of the emirate's financial hub The planned listing of Saudi Aramco and the opening of financial markets
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