Sunday 7 February 2016
 
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Aramco to keep same number of oil, gas rigs

State oil giant Saudi Aramco is expected to keep the same number of its oil and gas drilling rigs this year despite weak oil prices, industry sources said. Saudi Aramco has asked oilfield service companies and suppliers again this

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New deal on major maritime complex in Saudi Arabia

Saudi Aramco,  the National Shipping Company of Saudi Arabia (Bahri), Lamprell Energy and Hyundai Heavy Industries have signed a memorandum of understanding (MoU) for joint collaboration on the establishment of a world-class maritime comple

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New deal on major maritime complex in Saudi Arabia

Saudi Aramco,  the National Shipping Company of Saudi Arabia (Bahri), Lamprell Energy and Hyundai Heavy Industries have signed a memorandum of understanding (MoU) for joint collaboration on the establishment of a world-class maritime comple

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Saudi can survive low oil price for 'a long, long time'

National oil giant Saudi Aramco is not reducing its new investment in oil and gas production capacity despite cost-cutting due to low oil prices, its chairman Khalid Al-Falih said on Monday. Al-Falih also said Saudi Arabia could survive

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Aramco IPO won't include reserves: Al-Falih

Saudi Aramco chairman Khalid Al-Falih said on Sunday an initial public offering of the world's largest oil firm could be on the local or international markets but would not include Saudi oil reserves, according to Dubai-based Al-Arabiya TV.

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Aramco IPO won't include reserves: Al-Falih

Saudi Aramco chairman Khalid Al-Falih said on Sunday an initial public offering of the world's largest oil firm could be on the local or international markets but would not include Saudi oil reserves, according to Dubai-based Al-Arabiya TV.

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Spare oil capacity 'can complicate any Aramco listing'

Saudi Arabia's policy of keeping a vast amount of oil production capacity unused is a possible complication in any listing of the upstream part of state oil firm Aramco, industry sources said. Saudi Arabia holds the world'

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Spare oil capacity 'can complicate any Aramco listing'

Saudi Arabia's policy of keeping a vast amount of oil production capacity unused is a possible complication in any listing of the upstream part of state oil firm Aramco, industry sources said. Saudi Arabia holds the world'

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Saudi Kayan registers fourth straight quarterly loss

Saudi Kayan Petrochemical Co. reported a net loss in the fourth-quarter, the fourth straight quarter it failed to achieve a profit, hurt by product prices that have tumbled along with feedstock oil. The company, an affiliate of Sa

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Saudi Kayan registers fourth straight quarterly loss

Saudi Kayan Petrochemical Co. reported a net loss in the fourth-quarter, the fourth straight quarter it failed to achieve a profit, hurt by product prices that have tumbled along with feedstock oil. The company, an affiliate of Sa

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