Saudi Aramco news

Sumitomo Chemical and Saudi Aramco have made a loan of US$2 billion to Petro Rabigh in response to the challenging market conditions.

Siemens Energy is to supply 20 compression trains for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage project.

The King Salman Energy Park has reached 60% completion of its first phase and has announced foreign direct investments.

Saudi Aramco has announced the reorganisation of its downstream business.

Aramco has completed its acquisition of 70% of SABIC from the Public Investment Fund.

Highlighting strong profits despite a challenging macro environment, Saudi Aramco has released its 2019 financial results.

Aramco Trading Company has broadened its European presence with the establishment of a London office.

Sempra LNG and Aramco Services Company have signed an Interim Project Participation Agreement for the Port Arthur LNG project.

Saudi Aramco has acquired 17% of South Korea’s Hyundai Oilbank.

At ADIPEC 2019, Wood has hosted a downstream industry roundtable to discuss growth strategies across the Middle East.