Saudi Aramco news
Saudi Aramco acquires 70% majority stake in SABIC
Advancing its integrated refining and petrochemicals business, Aramco gains access to SABIC’s 62 million tpy petrochemicals capacity.
Saudi Aramco announce broad expansion in petrochemical capacity
In a speech given at the Gulf Petrochemicals and Chemicals Association’s Research and Innovation summit, Aramco outlined their vision of increased research and production in the industry.
New FEED contract signed for the fourth phase expansion of the Ruwais Petrochemicals Complex
The overall value of the FEED contract is approximately US$45 million on a reimbursable basis.
Saudi Aramco and Total to develop fuel and retail network in Saudi Arabia
The 50:50 joint venture plans to invest around US$1 billion over the next six years in the Saudi fuel retail market.
SABIC, Saudi Aramco declare intent to develop Yanbu industrial park
The signing took place on the sideline of the inauguration ceremony of the National Industrial Development & Logistics Program (NIDLP).
Saudi Aramco, TechnipFMC and Axens advance crude-to-chemicals technology
The technology has the potential to convert more than 60% of a barrel of crude oil into chemicals.
Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuelling station
Saudi Aramco and Air Products will establish a pilot fleet of fuel cell vehicles for which high-purity compressed hydrogen will be dispensed at the new fuelling station.
Xage Security receives investment from Saudi Aramco
Additional funding supports widespread distributed security enforcement.
Saudi Aramco and Raytheon sign MoU to establish JV in cybersecurity
The JV company will market and provide integrated defensive cybersecurity software and hardware capabilities, and perform research and development activities.
Saudi Aramco announces energy megaproject, SPARK
The King Salman Energy Park will target exploration, production, refining, petrochemicals, conventional power and water production and treatment.