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Oil & Gas Companies News in Saudi Arabia

Saudi Arabia to Restructure Aramco
Saudi Arabia to Restructure Aramco 5/1/2015 - Saudi Arabia's Supreme Economic Council has approved a restructuring of state oil company Saudi Aramco that includes separating it from the oil ministry, Al Arabiya television channel reported on Frid...
AnTech Launches Saudi Arabian Presence
2/25/2015 - Directional Coiled Tubing Drilling (DCTD) provider, AnTech Ltd, has officially launched its Saudi Arabian presence at its new premises in Al-Khobar. An integral part of the company’s global growth st...
AVEVA Opens New Office in Saudi Arabia
1/14/2015 - AVEVA opened its new office in the Kingdom of Saudi Arabia. The new office strengthens its presence in the Middle East and further enhances its growing global network. The office will offer sales and ...
EnerMech & AFG Sign JV Agreement to Support Operations in SA
EnerMech & AFG Sign JV Agreement to Support Operations in SA 12/1/2014 - International mechanical services group, EnerMech, has announced that it has signed a joint venture agreement with Abdulla Fouad Group (AFG) to support the growth of its operations in Saudi Arabia. ...
SABIC Expanding Technology Center in Jubail
5/20/2014 - SABIC is expanding its Technology Center in Jubail Industrial City in line with its strategy to continue investing in technology and innovation, and create new market opportunities and products to cop...
Halliburton Inaugurates Unconventional Center in Saudi
Halliburton Inaugurates Unconventional Center in Saudi 1/8/2014 - Halliburton (HAL) announced the opening of its new Unconventional and Reservoir Productivity Technology Center at King Fahd University of Petroleum and Minerals (KFUPM) located in Dhahran Techno-Vall...
Saudi Aramco Executive Dies During Field Visit
Saudi Aramco Executive Dies During Field Visit 1/2/2013 - Saudi Arabian Oil Co.’s Vice President for Exploration Abdullah al-Naim died while accompanying the kingdom’s Oil Minister on a visit to a drilling site in the northwest, Al-Watan newspaper reported. ...
Aramco Says Virus Shuts Down its Computer Network
8/15/2012 - Saudi Arabian Oil Co (Saudi Aramco) said its computer systems had been shut down by a virus late, but it added that production had not been affected. ...
Saudi's Bahri Gains 9 % After Merger Announcement
6/30/2012 - Shares at Saudi National Shipping Co (Bahri) 4030.SE rose 9 percent after it signed an agreement with Saudi Aramco to buy its Vela marine unit for $1.3 billion in cash shares. ...
Dow Appoints Allawi as General Manager in SA
10/30/2011 - Dow Chemical Co. (DOW) appointed Zuhair Allawi, a 30-year veteran with the company, as general manager for operations in Saudi Arabia. Allawi, previously senior commercial director in the performance ...
Petrofac Sees Busy Second Half for Saudi Projects
5/12/2011 - Oil services firm Petrofac will be more active in bidding for oil and gas projects in Saudi Arabia, where it sees many opportunities arising in the second half of the year, a senior executive at the c...
Al-Falih Calls for Strategic Economic Ties with Korea
4/26/2011 - Khalid A. Al-Falih, president and CEO of the Saudi Arabian Oil Company (Saudi Aramco), today addressed the Korean Chamber of Commerce and called for “an even higher level” of cooperation between Saudi...
LUKOIL Cedes Much of Saudi Gas Exploration Block
6/15/2010 - Luksar, a joint venture between Russia's LUKOIL and state oil giant Saudi Aramco, has relinquished 90 percent of a gas exploration block in Saudi Arabia, Aramco said. ...
ConocoPhillips Opts Out of Yanbu Refinery Investment
4/21/2010 - ConocoPhillips has informed the Saudi Arabian Oil Company (Saudi Aramco) it will end participation in the new refinery project being built in Yanbu Industrial City. ...
Aramco/Sumitomo Seek Firms Interest for JV Expansion
4/11/2010 - Saudi-based Rabigh Refining and Petrochemical Co is looking for firms interested to start work on the second phase of its giant petrochemicals complex, industry sources said. ...
Vopak and Zamil Group Sign MOU to Develop JV
12/23/2009 - Royal Vopak of the Netherlands and the Zamil Group of Saudi Arabia announce the signing of a Memorandum of Understanding between both companies, expressing their intention to develop a joint venture c...
PIW Again Ranks Saudi Aramco No.1
12/9/2009 - Petroleum Intelligence Weekly (PIW) has released its annual list of the rankings of the world’s 50 largest oil companies, and in what has become a 21-year streak, Saudi Aramco is No. 1. ...
Aramco Gas Supplies to Rise by 30 % in 5 Years
11/8/2009 - Saudi Aramco plans to raise its daily gas supplies by 30 percent within five years to 8 billion cubic feet, Al-Hayat newspaper quoted its Chief Executive Khalid al-Falih as saying on Sunday. ...
Sipchem Sells 11% Of Shares in 2 Affiliates
6/23/2009 - Saudi International Petrochemical Company (Sipchem) announces the completion of the sale of 11% of Sipchem shares in two of its affiliates (International Acetyl Company and International Vinyl Acetate...
Reibel logistics no .1 in the Middle East
5/5/2009 - Project forwarding is always a challenge: planning, worldwide coordination, dispatch and supervision. Having all the costs under control and going the safest routes, despite all the time pressure! Kee...

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