Aramco has signed over 100 agreements and MoU’s, valued at around $7.2 billion at the 7thedition of the In-Kingdom Total Value Add (IKTVA) Forum and Exhibition. The forum, which runs from January 30 to February 2 in Dhahran, is held under the theme of ‘Accelerating Future Success’. At the event, the Saudi giant also announced […]
Aramco
Posted inNews
Aramco, IMI Saudi Industry sign agreement for Dammam facility
Aramco and IMI Saudi Industry have signed a two-year agreement for IMI Saudi Industry’s manufacturing facility that opened in Dammam last year. The 5,000m2 site manufactures butterfly valves and ball valves of various sizes and pressure ratings suitable for the oil and gas, petrochemical, power, water, and hydrogen markets. By the end of 2023, the […]
Posted inDownstream
Technip Energies secures contract for Aramco’s Riyadh refinery upgrade
The project will be executed locally, leveraging Saudi economic resources and infrastructure
Posted inDownstream
Aramco launches new trading subsidiary in US
Oil giant Saudi Aramco announced its commodities trading arm, Aramco Trading Co (ATC), has fully acquired US refiner Motiva Trading and launched Aramco Trading Americas LLC (ATA) as a wholly-owned subsidiary based in Houston, Texas. “ATA will be ATC’s regional office, expanding its trading business in North and South America to capture new opportunities and […]
Posted inNews
Aramco, ADNOC ranked most valuable brands in the Middle East
Aramco’s brand value rose to $43.6 billion, making it the most valuable brand in the Middle East
Posted inNews
Gas Arabian Services wins $37.2 million contract for Aramco’s Zuluf field
GAS Arabian Services Co has secured a $37.2 million contract from JGC Arabia Limited for Saudi Aramco’s Zuluf Onshore oil facilities project. Scope of work includes pre-assembly of steel structure, steel structure erection, equipment installation, piping, painting and MCS MP support services. Following the expansion, Zuluf will boost its production capacity from 800,000 barrels per […]
Posted inExploration & Production
Aramco awards $173 million contract to Arabian Drilling
Arabian Drilling is the largest drilling rig contractor in the Kingdom in terms of the fleet size
Posted inExploration & Production
Top 5 offshore contracts in the Middle East 2022
Here is a list of the top 5 offshore deals secured by contractors in the Middle East
Posted inEnergy Transition
More oil or sustainability goals? Here’s what’s next for national oil companies
Although national oil companies will work on decarbonisation goals, higher investment to ramp up oil and gas production will take centre stage for national oil companies.
Posted inExploration & Production
Aramco’s giant Jafurah gas field: 5 things you need to know
The development of the Jafurah unconventional gas field is one of the most ambitious projects in Aramco’s history. Here are five facts you need to know: Related:
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