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NEWS |
Saipem awarded EPCI offshore contracts
Saipem has been awarded several engineering, procurement, construction and installation (EPCI) contracts in various countries around the world worth over US$500 million.
NEWS |
First connected virtual reality system boosts safety on land-based oil platforms for SANAD
A revolutionary new virtual reality training programme has been developed to train workers in hazard awareness on Saudi Aramco Nabors Drilling’s (SANAD) land-based drilling rigs.
NEWS |
Valaris and Saudi Aramco JV orders newbuild jack-up rigs
ARO Drilling, a 50:50 joint venture (JV) between offshore drilling contractor Valaris and state-owned oil firm Saudi Aramco, has ordered two newbuild jackup rigs.
NEWS |
Saudi Aramco still betting on oil expansions, says GlobalData
Saudi Aramco is continuing to focus significant efforts on crude oil expansion, according to GlobalData, a leading data and analytics company.
NEWS |
Saudi Aramco Energy Ventures plans a new $500 million fund
Saudi Aramco Energy Ventures, a subsidiary of the kingdom’s state-owed oil producer, is planning to set up a new $500 million (Dh1.84bn) fund this year to boost investments in the technology sector.
NEWS |
Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares
State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record (...)
NEWS |
Regional tensions weigh on Saudi Aramco valuation, says GlobalData
Following the assassination of Soleimani, Saudi Aramco’s share price fell to SR34.2 on 8 January....
NEWS |
Weekly Energy Recap: Keeping Things In Balance
Brent crude rose above $64 per barrel after OPEC+ producers unanimously agreed to deepen output cuts by 503,000 barrels per day to a total of 1.7 million bpd till the end of the first quarter of 2020.
NEWS |
Deep Casing Tools win Saudi Aramco contract and announce new Middle East appointment
Aberdeen-headquartered well technology business, Deep Casing Tools, continues to see returns on its ambitious growth strategy in the Middle East, with the announcement of a new long-term contract awar (...)
NEWS |
Aramco declares $1.71 trillion valuation in world's biggest IPO
Saudi Arabia's crown jewel Aramco on Nov. 17 set an indicative share price between 30 and 32 riyals for the 1.5 percent of its shares that it would offer for the domestic part of its public offering.
NEWS |
Aramco highlights 4IR technologies at Adipec
Saudi Aramco is participating in the ongoing Abu Dhabi International Petroleum Exhibition & Conference (Adipec) and encouraging industry representatives to press ahead with implementing Fourth Industr (...)
NEWS |
Saudi Aramco IPO should be judged on its impact not its valuation, says GlobalData
Following the recent news that Saudi Arabia’s national oil company Saudi Aramco will issue its prospectus to potential investors in its initial public offering (IPO);
NEWS |
Saudi Aramco and ADNOC boosts global oil and gas contracts activity in Q3 2019, says GlobalData
The global oil and gas industry has witnessed a substantial boost from contracts activity in the Middle East, which has resulted in a contract value of US$44.4bn in Q3 2019, according to GlobalData, a (...)
NEWS |
Factbox - Saudi Aramco: the oil colossus
Aramco, as Saudi Arabian Oil Co is usually known, is set to add another superlative to the list: the world’s most valuable listed company.
NEWS |
FAB is only UAE-based bank handling Aramco IPO
First Abu Dhabi Bank (FAB) confirmed on Sunday it is the only UAE-based bank acting as joint bookrunner in the public listing of Saudi’s Aramco.
NEWS |
Aramco IPO delayed on disagreement over valuation
The trouble with Saudi Aramco’s off-again, on-again initial public offering has always been the valuation. Ever since Crown Prince Mohammed bin Salman insisted the world’s largest oil producer was wor (...)
NEWS |
Saudi Aramco has emerged from attacks 'stronger than ever' - CEO
Saudi Aramco has emerged from attacks on its oil facilities “stronger than ever”, Chief Executive Amin Nasser told employees in a message, adding that full oil production would resume by the end of th (...)
NEWS |
Rystad Energy update on Saudi Arabia
Rystad Energy update on Saudi Arabia
NEWS |
Saudi king confirms ability to deal with oil attacks
Saudi King Salman bin Abdulaziz stressed Tuesday his country’s ability to handle the effects of "cowardly" attacks which targeted two oil facilities of state-owned Aramco oil company.
NEWS |
Subsea 7 awarded contract offshore Saudi Arabia
Subsea 7 today announced the award of a large(1) contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia.
NEWS |
Oil price spike after Saudi attack likely short-lived
In an update to clients after the biggest attack on oil infrastructure since the Gulf War, Bjørnar Tonhaugen, head of oil market research at Rystad Energy, made the following remarks:
NEWS |
Oil prices post record jump after attack on Saudi Arabia supplies
Oil prices rocketed almost 20 per cent to more than $71 a barrel today after the US accused Iran of gutting half of Saudi Arabia’s oil production in a strike on two refineries over the weekend.
NEWS |
Drones hit Saudi Aramco facilities, fires now under control
Drone attacks caused fires in two major Saudi Aramco facilities in the kingdom, the Saudi interior ministry said on Saturday.
NEWS |
Saudi oil explosions: Amateur footage captures plant ablaze
Yemen's Houthi rebels say they are responsible for drone attacks on two major oil facilities in Saudi Arabia run by Saudi Aramco.
NEWS |
Rystad Energy news flash on Saudi Arabia drone attacks
Rystad Energy news flash on Saudi Arabia drone attacks
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