Saudi Aramco said to weigh up to $5 billion of renewable deals
(Bloomberg - 30/01/2017)
Saudi Aramco, the world's largest oil company, is considering as much as $5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter. Banks including HSBC
Saudi Aramco shelves plans for Malaysia venture with Petronas -sourc
(Gulfnews - 26/01/2017)
Saudi Aramco has shelved plans for a multi-billion-dollar refining and petrochemical joint venture with Petronas in Malaysia, industry sources familiar with the matter told Reuters on Wednesday. The Refinery and Petrochemical Integrated Development
Saudi Aramco asks banks to pitch for IPO advisory role
(Gulfnews - 25/01/2017)
Saudi Arabian Oil Co is asking banks to pitch for an advisory role on its initial public offering, three people with knowledge of the matter said, as it pushes ahead with plans for the world's largest share sale. The company has sent out the so-called
Saudi Aramco operating 220 drilling rigs: Al Falih
(The Peninsula - 23/01/2017)
Oil and gas company Saudi Aramco is operating about 220 drilling rigs thanks to continued investment in capacity despite low oil prices, Saudi Arabia's energy minister told Sky News Arabia in a programme broadcast yesterday. Khalid Al Falih, who is also
Saudi Aramco chief sees 'equilibrium' in oil markets
(Arab News - 19/01/2017)
The chief executive of Saudi Aramco sees an "equilibrium" returning to the oil market in the first half of this year, after a rollercoaster ride in prices in recent years. OPEC in November agreed to cut production by 1.2 million barrels a day from Jan.
25 trillion in new oil capacity needed over next 25 years:Aramco
(Saudi Gazette - 18/01/2017)
Demand for oil and gas will continue to grow for the next few decades and any fall in capital investment for the industry will cause "spikes" in prices and affect the global economy, according to the president and CEO of Saudi Arabian Oil Company (Saudi
SNC-Lavalin contract with Aramco extended
(Saudi Gazette - 15/01/2017)
SNC-Lavalin has announced that SNC-Lavalin Fayez Engineering (SLFE), an engineering consultancy partnership between SNC-Lavalin and Dr. Zuhair Fayez, has been awarded a five-year extension to its existing General Engineering Services Plus (GES+) contract
Aramco signs two offshore contracts with L&T
(Trade Arabia - 03/01/2017)
Saudi Aramco, the biggest oil company in world, has signed two awards involving Engineering, Procurement, Construction and Installation (EPCI) contracts with India's L&T Hydrocarbon Engineering (LTHE) in consortium with Emas Chiyoda Subsea. The contract
Please wait...
