VA TECH WABAG (WABAG), a prominent Indian multinational group specializing in water technology, has announced a significant order win worth USD 33.5 Million from SEPCO III Electric Power Construction Corporation (SEPCO III). This order is for the Engineering and Procurement (EP) of a 20 MLD Industrial Wastewater Treatment Plant (IWWTP) at the Ras Tanura Refinery […]
Welspun Corp Limited has disclosed that its associate, East Pipes Integrated Company for Industry (EPIC), in Saudi Arabia, has secured a significant contract for manufacturing and supplying large diameter steel pipes. The deal, struck with the oil giant Saudi Aramco, is valued over SAR 440 million, approximately INR 1000 crores, inclusive of value-added tax, set […]
In an effort to address the challenges of carbon emissions and bolster the Kingdom’s net-zero emission ambitions, Aker Carbon Capture and Aramco have inked a Memorandum of Understanding (MoU). This partnership will focus on carbon capture, utilization, and storage (CCUS), alongside industrial modularization in Saudi Arabia. Over the span of two years, the MoU aims […]
Aramco and TotalEnergies have officially awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion Amiral petrochemical complex, heralding the commencement of construction work on this large-scale project in Saudi Arabia. This petrochemical complex, integrated with the SATORP refinery in Jubail, is set to be the largest mixed-load steam cracker in the Gulf, with […]
Weatherford International, a Switzerland-based oilfield services provider, has announced that it has been awarded a three-year contract with Saudi Aramco, the world’s largest oil producer, to deliver drilling services. Under the terms of the contract, Weatherford will leverage its extensive drilling services portfolio, which encompasses a comprehensive suite of cutting-edge technologies, services, and advanced drilling […]
Infosys has inked a memorandum agreement (MoU) with oil and gas giant Saudi Aramco to help accelerate the latter’s technology for human resources (HR). The two parties will work together in order to create new perspectives on HR and data analytics, expand the use of automated tools, and enhance the experience of employees by using […]
S-OIL, a majority-owned company of Saudi Aramco, has started construction on the Shaheen petrochemical project in Ulsan, South Korea, which involves an investment of $7 billion. The groundbreaking ceremony of the Shaheen petrochemical complex was held under the presence of South Korean President Yoon and Saudi Aramco President and CEO Amin Nasser. Amin H. Nasser […]
Saudi Aramco, through its affiliate S-OIL, will construct a new petrochemical cracker in South Korea, the Shaheen petrochemical project, in an effort to maximize its crude to chemicals value chain. The $7 billion-worth Shaheen project in South Korea is expected to change crude oil into petrochemical feedstock and almost double S-OIL’s chemical yield to 25% […]
Schlumberger said that it has bagged a major contract award from Saudi Aramco to provide integrated drilling and well construction services as part of a gas drilling project. The American oilfield services company said that the project scope covers drilling rigs and technologies and services. These include drill bits, logging while drilling (LWD), measurement while […]
Reliance Industries Ltd (RIL) announced that it will withdraw its application to obtain the requisite approvals from the National Company Law Tribunal (NCLT) regarding the spinning off of its oil-to-chemicals (O2C) business into an independent entity. The Indian conglomerate said that the reason for the move is the evolving nature of the oil-to-chemical business. The application currently […]