Tag: Aramco
-
Saudi Aramco lays the foundation stone for the largest petrochemical project in South Korea (photos)
Saudi Aramco laid the foundation stone for the largest petrochemical project in South Korea, with investments amounting to $7 billion. Korean President Won Seok Yul participated in the laying ceremony of the foundation stone for the Shaheen project, which is being implemented by S-Oil, a subsidiary of the Saudi oil giant. Saudi Aramco announced the…
-
Saudi Aramco signs a $6 billion deal with a Korean bank
Saudi Aramco signed an agreement with the Export-Import Bank of Korea, according to which the Korean bank will secure $6 billion to finance the projects of the Saudi oil giant. The Korea Export-Import Bank announced that the signing of the framework agreement with Aramco comes in a step that may help Korean companies win contracts…
-
Saudi Aramco plans to raise oil selling prices to Asia in April (survey)
Saudi Aramco is moving to raise the official selling prices of oil to its customers in Asia, Europe and America during next April. A Reuters survey, seen by the specialized energy platform, showed that the world’s largest oil exporter may raise the price of Arab Light crude by about $0.4 for April shipments, compared to…
-
Saudi Aramco raises the selling price of oil to Asia in March
Saudi Aramco announced the official selling prices for shipments of Arab Light crude to its customers in Asia, Europe and the United States, during the month of March of this year (2023). The company decided to raise the official selling prices for Arab Light crude to Asia by 20 US cents to $2 per barrel,…
-
Profits of “marine dredging” rise 30% by supporting its operations in the fields of ADNOC and Aramco
The UAE Marine Dredging Company achieved strong business results during the past year (2022), supported by the expansion of its operations and projects in a number of oil and gas fields in the region, led by Saudi Aramco and UAE ADNOC projects. The Emirati group, which is active in providing oil and gas field services,…
-
Aramco announces for the first time the number of rigs in Saudi Arabia
The CEO of Saudi Aramco, Amin Al-Nasser, expressed his concern about the decrease in reserve capacity in the world in the medium and long term, revealing at the same time that the number of rigs in Saudi Arabia will reach 300 rigs by the end of this year (2023). He indicated – in an interview…
