Thursday 28 August 2014
 
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aramco

PetroRabigh restarts after shutdown

Saudi Arabia's PetroRabigh is gradually resuming production after a technical failure at one of its units forced a shutdown of some operations on Saturday, the petrochemicals producer said in a bourse statement on Sunday. The

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Aramco CEO to speak at Norway forum

Saudi Aramco president and CEO, Khalid A Al Falih, will participate in the plenary session on the opening day of the Offshore Northern Seas (ONS 2014) conference. This biennial event, targeted at the offshore oil and gas industry, will

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National firms will get stadium work assures Aramco

Saudi Aramco has assured Saudi contractors that they would be given an opportunity to participate in the project to build 11 major stadiums in various parts of the kingdom, a report said. Saudi Aramco has been authorised by the Cu

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Essar unit wins $54m Saudi Aramco contract

Leading EPC contractor Essar Projects’ unit Hydrocarbon SBU  has won a $54 million maiden contract from Saudi Arabian national oil company Saudi Aramco, said a report. The project involves the upgradation of a Crude Stabiliza

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Saudi stadiums project work to start in January

Saudi Aramco, the kingdom's oil giant which has been authorised by King Abdullah to build 11 new state-of-the-art stadiums across the country, will start the projects in January, a report said. The company will present bidding

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Aramco, Sumitomo to transfer project to PetroRabigh

Saudi Aramco and Sumitomo Chemical will transfer ownership of a planned 32 billion riyal ($8.5 billion) petrochemical facility to their joint venture PetroRabigh, the venture said on Sunday. The new facility, known as Rabigh II, i

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Aramco unit buys $1.9bn stake in S Korean oil firm

Aramco Overseas Company (AOC), a unit of state-run oil giant Saudi Aramco, said on Wednesday it had agreed in principle to buy Hanjin Group's entire 28.4 per cent stake in South Korea's S-Oil Corp for about $1.95 billion.

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Saudi shipper plans long-term financing for Vela debt

National Shipping Company of Saudi Arabia (Bahri) plans to arrange long-term sharia-compliant financing in 2015 to replace a bridge loan backing its $1.3 billion acquisition of Saudi Aramco's marine unit, it said on Sunday. Th

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Argas wins Aramco seismic program deal

CGG, a fully integrated Geoscience company providing geological, geophysical and reservoir services, has announced that  Argas, its joint venture with Taqa in Saudi Arabia, has been awarded a major contract by Saudi Aramco. T

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Small fire at Aramco gas plant, no disruption

Saudi Aramco said emergency crews had put out an electrical fire on Monday in a transformer feeding a gas plant with no disruption to gas supplies. "As a precautionary measure, the Berri Gas Plant was taken off line, and it i

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