Saudi Aramco news
Aramco and PTT sign MoU
The companies have signed an MoU aimed at strengthening cooperation across crude oil sourcing and the marketing of refining and petrochemical products and LNG in Thailand.
Aramco and Sinopec to work on downstream projects in China
Aramco's subsidiary, SAAC, has signed a Memorandum of Understanding (MoU) with Sinopec for potential downstream collaboration in China.
CLG and Saudi Aramco sign agreement
The companies have signed a joint collaboration and license agreement to co-develop and license Saudi Aramco's Heavy Oil Processing Initiative (HOPI+) technology.
Technip Energies awarded petrochemical contract
Technip Energies has been awarded an EPC contract by Borouge for the construction of a new ethane cracker unit, to be integrated in the Borouge 4 petrochemical complex in the UAE.
Luberef reports zero work-related incidents
The company has continued its multi-year achievements of zero lost time incidents and a zero total recordable incident rate.
Heavy lifting and transport solutions for Saudi Aramco’s gas storage project
Samsung Engineering has been awarded heavy lifting and transport scope to Mammoet in Saudi Arabia.
Aramco looking to expand global footprint in chemicals
With the US$69 billion acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.
Saudi Aramco and SABIC reassessing crude-oil-to-chemicals project
SABIC has said the two companies are now considering the integration of Saudi Aramco’s existing refineries in Yanbu with a mixed feed steam cracker and downstream olefin derivative units.
Petro Rabigh receives financing from Saudi Aramco and Sumitomo Chemical
Sumitomo Chemical and Saudi Aramco have made a loan of US$2 billion to Petro Rabigh in response to the challenging market conditions.
Siemens compressor trains selected for Saudi Aramco gas reservoir storage project
Siemens Energy is to supply 20 compression trains for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage project.