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NEWS |
Aramco launches JV to manufacture drilling rigs in Saudi Arabia for first time
Saudi Aramco inaugurated today, Oct. 11, Arabian Rig Manufacturing (ARM), which aims to manufacture drilling rigs and related equipment, as well as provide after-sales services in Ras Al-Khair, for th (...)
NEWS |
OGV Energy's Middle East Energy Review – September 2022
The OPEC+ group’s decision to slightly raise production targets in September, the record-smashing profit of the world’s largest oil company, Saudi Aramco, and business deals involving the biggest ener (...)
NEWS |
Saudi Oil Windfall Tops $65 Billion Even Without Dividend Hike
The Saudi government’s oil income almost doubled in the second quarter even as state-controlled producer Aramco held dividends unchanged.
NEWS |
Middle East Energy Review – July 2022
The acceleration of the OPEC+ oil production increase, Qatar’s major LNG expansion plans, and Saudi Aramco’s sustainability report were the highlights in the Middle East’s oil and gas industry over th (...)
NEWS |
Worley wins unconventional gas work from Aramco
Australia's Worley has secured project management services contracts from Saudi Aramco for unconventional gas projects both in and out of the kingdom, it said on July 18.
NEWS |
McDermott secures new FEED contract from Saudi Aramco
McDermott has been awarded a contract by ADNOC to provide front-end engineering design (FEED) services for the new Fujairah Liquefied Natural Gas (LNG) facility.
NEWS |
$2.42 trillion: Saudi Aramco becomes world's most valuable company, overtakes Apple
Saudi Aramco, the world's largest oil exporter, has surpassed US-based technology giant Apple to become the world’s most valued company with a market capitalisation of almost $2.43 trillion.
NEWS |
NESR seals $300m Saudi Aramco fracturing contract
National Energy Services Reunited Corporation (NESR), a global industry-leader in provision of integrated energy services in the Middle East and North Africa (Mena) region, has announced that the comp (...)
NEWS |
Saudi Aramco signs agreement with China’s Sinopec for potential downstream collaboration
Saudi Aramco, the world’s largest oil-exporting company, signed a preliminary agreement with China Petroleum and Chemical Corporation (Sinopec) for a potential downstream (refining and petrochemicals) (...)
NEWS |
Aramco and Sinopec to work on downstream projects in China
Saudi Arabian Oil Co. (Aramco), through its Saudi Aramco Asia Co. Ltd (SAAC) subsidiary, has signed a Memorandum of Understanding (MoU) with China Petroleum & Chemical Corp. (Sinopec) for potential do (...)
NEWS |
Saudi Aramco awards Schlumberger drilling contract
Saudi Aramco has awarded Schlumberger, an oilfield services company, a major contract for integrated drilling and well construction services in a gas drilling project.
NEWS |
Iraq in talks with Halliburton, Saudi Aramco to develop oil, gas in western desert
Iraq is in talks with Halliburton Co. and Saudi Arabia’s Aramco to carry out oil and gas developments in the west of the country.
NEWS |
Saudi Aramco closes $15.5BN BlackRock-led gas pipeline deal
Saudi Aramco closed a deal to sell a stake in its natural-gas pipelines for $15.5 billion and entered into a pact with BlackRock Inc. to explore low carbon energy projects.
NEWS |
Heerema to transport and install six jackets for Saudi Aramco project
Heerema Marine Contractors has been awarded a contract by McDermott to transport and install six large jackets within Package-1 of Saudi Aramco’s Marjan Increment programme.
NEWS |
Valaris seals jackup extensions in Saudi Arabia
Valaris has secured new bareboat charter agreements for several jackups with ARO Drilling, the New York-listed offshore driller’s joint venture with Saudi Aramco.
NEWS |
Aramco awards $10bn EPC contracts for big Saudi gasfield
Global energy giant Aramco today (November 29) announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas field in Saudi Arabia.
NEWS |
Wood awarded Front End Engineering for Safaniyah and Manifa plant expansions
Wood has secured a multi-million dollar contract with Saudi Aramco to deliver engineering and project management services for the Safaniyah and Manifa oilfields in the Kingdom of Saudi Arabia.
NEWS |
Aramco Says Oil Spare Capacity to Shrink as People Fly More
Spare capacity in the oil market will shrink significantly next year as travel rebounds and amid a lack of investment among producers, according to Saudi Aramco.
NEWS |
Investment of £850m from Saudi Aramco secures 1,000 industry jobs on Teesside
An £850m investment from a Saudi Arabian oil company will safeguard 1,000 industry jobs on Teesside.
NEWS |
Aramco Company Joins $900MM+ Solar Project
ACWA Power has revealed that Saudi Aramco Power Company (SAPCO), a fully owned company of Saudi Aramco, has joined the Sudair Solar plant consortium.
NEWS |
Saudi Aramco exploring opportunities to export blue hydrogen, CEO says
Saudi Aramco is exploring opportunities in blue hydrogen and is actively looking at exporting to key markets in Asia, even as it seeks to grow its portfolio by opening up assets to unlock capital, its (...)
NEWS |
Saudi Aramco sees highest profit since 2018 as economies reopen
Saudi Aramco followed its Big Oil competitors with bumper earnings, boosted by a recovery in oil and chemical prices.
NEWS |
World’s Largest Oil Company Saudi Aramco Negates Bitcoin Mining Rumors
The World’s second-largest oil trading company, Saudi Aramco has denied rumors that were circulating on media websites in the weekend indicating that the company was planning to start mining Bitcoin.
NEWS |
Saudi Aramco extends Shelf Drilling jackup contract for ten years
Dubai-headquartered offshore driller Shelf Drilling has secured a 10-year contract extension with Saudi Aramco for the 1983-built jackup rig High Island IX.
NEWS |
Welltec signs long-form contract with Aramco
Welltec, a global technology company, has signed a long-form contract (LFC) with Saudi Aramco, in an agreement which will see Welltec deliver completion products and services across the Saudi Aramco p (...)
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