This comes as oil prices slid to a one-year low, with Brent crude at under $55 per barrel
King Salman
Posted inProducts & Services
Saudi Aramco inks 10 agreements with Russian companies
Aramco will purchase a 30.76% stake in Novomet, and signed nine MoUs with Russian companies
Posted inDRILLING & PRODUCTION
Saudi Arabian king appoints Prince Abdulaziz as energy minister
The kingdom has seen a shake up in its energy leadership as Saudi Arabia prepares for the widely anticipated IPO of Saudi Aramco
Posted inDRILLING & PRODUCTION
Saudi Aramco will ramp up unconventional gas production by end 2018
Saudi Aramco supplied around 55mn standard cubic feet per day of gas (mmscfd) to a local power plant. Gas production is expected to grow to 190mmscfd by the end of 2018 to meet demand.