Tag Archives: Persian Gulf Countries

The sale of shares in Aramco is a complex and significant financial transaction.

Initial production and service operations are expected to commence in 2019.

Iran and Oman enjoy age-old and close ties and their relations have become even closer after the two sides'. agreements to boost mutual cooperation.

The company plans to build an onshore drilling rig facility and a casting and forging unit in Ras Al Khair.

This project was established based upon a memorandum of understanding.

The demand for natural gas in the domestic sectors for GECF member countries will increase to 178 bcm in 2040.

By expanding infrastructure both upstream and downstream. Kuwait is positioning itself to capitalise on rising global energy demand.

Saudi Aramco. the world’s largest oil producer. has supplied 1 million barrels of crude oil to Egyptian refineries. Egypt’s Petroleum Minister Tarek El Molla told Reuters on Sunday.

The world’s largest oil exporter has taken several austerity measures over the past two years to eliminate the impact of low oil prices.

The global agreement to limit production is making progress in re-balancing supply and demand for oil.