Under the agreement. WorleyParsons will provide project management and FEED services.
Read More »Low Oil Prices Push OPEC Producers to Public Markets
OPEC’s largest producer. Saudi Arabia. also hopes to enter public markets in the future.
Read More »First Phase of Saudi Aramco`s Energy Industrial City Complete in 2021
The city is expected to add 22.5 billion riyals ($6 billion) to gross domestic product (GDP) each year and create thousands of jobs.
Read More »Saudi Aramco IPO Likely in 2018. Says CEO
Aramco plans to invest $300 billion over the next decade. with the focus on gas.
Read More »Saudi Aramco CEO Believes Oil Shortage Coming Despite U.S. Shale Boom
Despite U.S. production records. Saudi Aramco CEO Amin Nasser believes shale oil won’t be enough to prevent a future shortage.
Read More »Aramco Eyes Larger Slice of Chemicals Market
Annual report gives little away on IPO. but offers hints about downstream plans.
Read More »New Saudi Crown Prince Hopes to Diversify Away from Oil
Mohammed bin Salman battles against time to implement ambitious economic reforms.
Read More »Saudi Arabia Tightens Its Grip on Japan. Its Biggest Asian Oil Market
Saudi Arabia ".clearly sees Asia as its backyard and as a center of growth and long-term source of demand.
Read More »Hyundai Heavy Industries Enters Saudi Joint Venture
The establishment of joint venture is a follow-up of a MOU for new business opportunities collaboration signed in November 2015 with Saudi Aramco.
Read More »Saudi Heavy Crude Price to Asia May Hit Highest in Over Three Years
A fifth trade source surveyed by Reuters said the price for the grade would remain unchanged from this month.
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