Aramco, one of the world’s leading integrated energy and chemicals companies, and Maaden, one of the world’s fastest‑growing mining companies, on Tuesday announced the signing of a shareholders’ agreement to form a joint venture (JV) to unlock new opportunities in mineral exploration and hard-rock mining in Saudi Arabia.
Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, a Reuters News report said quoting two sources with knowledge of the matter.
Fluor Corporation, a leading provider of engineering, procurement, construction and maintenance services, has announced that it has been selected by Saudi oil giant Aramco as a programme management consultancy (PMC) contractor to support its global capital projects portfolio.
Samsung E&A, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, has secured a water treatment project worth $790 million in the Middle East, further strengthening its presence in the region’s water infrastructure sector.
Worley has secured a five-year agreement among 11 contractors selected by Aramco to support major Saudi projects, delivering energy infrastructure, consultancy services, and digital solutions across engineering, construction, and talent development.
Almar Water Solutions, a part of Jameel Environmental Services and a global leader in water infrastructure development and services, has secured a $940 million contract from Saudi oil giant Aramco to expand its Zuluf Water Treatment Project, thus increasing its treatment capacity to 308,000 cu m/day.
Jasara Program Management Company, a Saudi PIF venture, has entered into an agreement with Diriyah Company to provide project and construction management services for Royal Diriyah Opera House and Grand Mosque as well as other key projects centered around the grand avenue in Diriyah.
Ampo Arabia has secured the largest order in its history, winning a contract from C.A.T. Group to manufacture up to 1,200 engineered valves locally for Aramco’s Zuluf offshore expansion, supporting Saudi Arabia’s energy growth and localisation goals.
Spanish intelligent infrared technology company Sensia has been selected by Aramco as a supplier partner to support smart asset monitoring, emissions management and industrial digitalisation across Aramco’s global operations.
Ampo Poyam Valves has been selected to supply 180 large-sized engineered gate valves, including 148 cryogenic service gate valves, for Saudi Aramco’s Riyas NGL Fractionation Trains project in Jubail, Saudi Arabia.