Tag: Saudi Aramco
Shaheen petrochemical project : Aramco’s affiliate S-OIL to construct $7bn petrochemical cracker in South Korea
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 ... Read More
Schlumberger wins contract for gas drilling project from Saudi Aramco
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 ... Read More
Reliance Industries withdraws NCLT application for spin off of O2C unit
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 ... Read More
EIG-led group closes $12.4bn stake acquisition in Aramco Oil Pipelines
EIG said that a consortium of investors led by it has closed its previously announced $12.4 billion acquisition of a 49% stake in Aramco Oil ... Read More
Saudi Aramco to sell 49% stake in new oil pipelines subsidiary for $12.4bn to EIG-led consortium
Saudi Aramco has signed a deal worth around $12.4 billion with a consortium led by energy infrastructure investor EIG Global Energy Partners to sell a ... Read More
Saudi Aramco, Baker Hughes launch non-metallics joint venture in Saudi Arabia
Saudi Aramco and Baker Hughes have launched a 50:50 joint venture (JV) called Novel Non-Metallic Solutions Manufacturing (Novel) for developing and commercializing a variety of ... Read More
EC approves Saudi Aramco’s $69bn stake acquisition in SABIC
Saudi Aramco has obtained unconditional approval from the European Commission (EC) for its previously announced acquisition of a 70% stake in Saudi Basic Industries Corporation ... Read More
Italian contractor Saipem bags $500m worth offshore contracts
Italian oilfield services company Saipem said that it has bagged various engineering, procurement, construction, and installation (EPCI) contracts worth over $500 million in various parts ... Read More
ARO Drilling awards jack-up drilling rigs contract to IMI
ARO Drilling has awarded a couple of contracts to International Maritime Industries (IMI) for the construction of two LETOURNEAU Super 116E Class offshore jack-up drilling ... Read More
Reliance Industries to sell 20% stake in O2C unit to Saudi Aramco for $15bn
Saudi Aramco and Reliance Industries (RIL) have signed a non-binding letter of intent (LOI) for a proposed investment by the former for a 20% stake ... Read More