Saudi Aramco news
King Salman Energy Park completes 60% of phase one
The King Salman Energy Park has reached 60% completion of its first phase and has announced foreign direct investments.
Aramco announces downstream business reorganisation
Saudi Aramco has announced the reorganisation of its downstream business.
Aramco completes acquisition of stake in SABIC
Aramco has completed its acquisition of 70% of SABIC from the Public Investment Fund.
Saudi Aramco releases 2019 financial results
Highlighting strong profits despite a challenging macro environment, Saudi Aramco has released its 2019 financial results.
Aramco Trading opens London office
Aramco Trading Company has broadened its European presence with the establishment of a London office.
Sempra LNG and Aramco Services Company sign agreement
Sempra LNG and Aramco Services Company have signed an Interim Project Participation Agreement for the Port Arthur LNG project.
Saudi Aramco acquires 17% of Hyundai Oilbank
Saudi Aramco has acquired 17% of South Korea’s Hyundai Oilbank.
Wood holds downstream roundtable at ADIPEC
At ADIPEC 2019, Wood has hosted a downstream industry roundtable to discuss growth strategies across the Middle East.
Aramco and ADNOC boost 3Q19 contract value
GlobalData has reported that Aramco and ADNOC have expanded the value of contracts in 3Q19 despite a slight decrease in volume.
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.