A boat laden with explosives struck the BW Rhine while the ship was discharging
attack
Posted inDRILLING & PRODUCTION
Yemen’s Houthis claim 26 rocket attacks in Saudi Arabia last month
Saudi Aramco was among the targets hit by the Houthi attacks
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Posted inProducts & Services
Iran claims oil tanker strike was government-sponsored, reports attack to the UN
Minister of Foreign Affairs Mohammad Javad Zarif called the strike a sophisticated, government-sponsored attack, but did not accuse any nation in particular
Posted inProducts & Services
Saudi Arabia received distress signal from damaged Iran tanker
The captain of the vessel said the front of the ship was broken and some of its cargo had spilled
Posted inProducts & Services
Iranian tanker struck in Red Sea near Saudi Arabia, changes course to Iran
The crew are safe and the ship is in stable condiiton, according to the National Iranian Tanker Company
Posted inDRILLING & PRODUCTION
Saudi Aramco says production capacity will be fully restored by end-September
The company’s production was halved following attacks on its facilities, but CEO Amin Nasser expects production to be fully restored by the end of September
Posted inDRILLING & PRODUCTION
US will tap into emergency oil reserves to fill supply gap after drone attacks on Saudi Aramco
US President Donald Trump tweeted that he will allow an undetermined amount of oil to be released from the nation’s emergency reserve to fill a potential supply gap
Posted inDRILLING & PRODUCTION
Could the drone attacks on Saudi Aramco harm its valuation and IPO?
Saudi Aramco’s production has been halved following attacks on two major facilities, and analysts say this could impact its valuation
Posted inDRILLING & PRODUCTION
Saudi Aramco Shaybah gas plant hit in Houthi drone attack
The company said it quickly contained a small fire, and that the attack did not cause significant damage or injuries
Posted inProducts & Services
Saudi Aramco to complete East-West pipeline expansion by September
The pipeline expansion would help reduce the nation’s reliance on the Strait of Hormuz to export its products