Saudi Aramco news
Saudi Aramco signs seven MoUs at the Future Investment Initiative
Saudi Aramco has signed MoUs with a number of companies exploring collaboration across the whole hydrocarbon value chain.
Air Products reaches final negotiations for Saudi joint venture
Air Products has announced that it is in final negotiations to form a joint venture to acquire a number of assets at Jazan Economic City.
PM Narendra Modi says Saudi Arabia to invest in Indian downstream projects
A partnership with India would help Saudi Arabia, the world’s top oil exporter, find a stable outlet for its crude.
Aramco announces successful naphtha splitter placement
Saudi Aramco has announced the successful relocation and placement of a 544 t naphtha splitter.
McDermott awarded Amiral Complex contract
Saudi Aramco and Total have awarded McDermott a contract for what will be one of the largest mixed feed crackers in the world.
Aramco IPO could break records
Analysts from Saitama Rakuten International have reported that Saudi Aramco could raise the highest amount of capital from an IPO ever.
US shale response to Saudi attacks
IHS Markit reports that the oil price jump resulting from the attacks in Saudi Arabia will not have any impact on the trajectory of 2019 US shale production.
Saudi Aramco acquires Shell’s share of SASREF
Saudi Aramco has completed the acquisition of Shell’s 50% interest in the SASREF joint venture.
Petrochemical feedstock supply under attack
Drone attacks on Saudi Aramco will severely disrupt NGL and petrochemicals supply, much more than oil. The impact on global economic and geopolitical dynamics will be huge, reports Joseph Chang, Global Editor, ICIS Chemical Business.
Full Aramco capacity to be restored by the end of September
Saudi Aramco have announced that full production will be restored by the end of September following the attacks on its Abqaiq and Khurais plants.