The Zuluf oil incremental project is crucial to Aramco’s ambition to maintain its 12 million bpd production capacity ...

Aramco needs to continue spending on incremental and expansion projects to maintain its 12 million bpd of production capacity ...

Saudi Aramco ... development project started as planned. Construction activities continued for phase two, adding another 50 million bpd of crude oil production capacity in 2027. Procurement and ...

Saipem is one of the larger offshore E&C providers, mainly competing with Subsea 7 and TechnipFMC. The high degree of engineering expertise required to win contracts in the offshore space partially ...

Quarterly dividends have exceeded profits Aramco has flipped from net cash to net debt Vision 2030 project has strained public finances DUBAI, Nov 5 (Reuters) - Saudi oil giant Aramco (2222.SE ...

Image by sezer66 via iStock Wood plc has secured what it calls a “significant” engineering services contract for Saudi Arabian Oil Co.’s (Aramco) Southern and Northern Areas gas project in ...

Riyadh: Saudi Aramco has cancelled plans to build a refinery and chemicals project in the kingdom and is reviewing three others as it evaluates spending plans with a focus on expanding in Asia.

Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy. But that “Vision 2030” project is undergoing a ...

Saudi Arabia’s Roads General Authority (RGA) has announced major advancements in the Riyadh region’s road network, with SAR3 billion ($798 million) worth of projects now underway. Covering ...

Saudi Power Procurement Company (SPPC), under the supervision of the Ministry of Energy, has begun inviting requests for qualification (RFQ) for the first group of Battery Energy Storage System (BESS) ...

Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues ...

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.