Tag archive for ‘Saudi Aramco’
Saudi Aramco to sell 49% stake in new oil pipelines subsidiary for $12.4bn to a consortium led by EIG Global Energy Partners
By businessnewstoday On Saturday, April 10th, 2021
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Saudi Aramco to sell 49% stake in new oil pipelines subsidiary for $12.4bn to EIG-led consortium

(adsbygoogle = window.adsbygoogle || []).push({}); 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 More...

Saudi Aramco, Baker Hughes launch non-metallics joint venture
By businessnewstoday On Tuesday, December 8th, 2020
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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 non-metallic products for multiple More...

Signing of the $69bn deal between Saudi Aramco, SABIC, and Public Investment Fund of Saudi Arabia.
By Soujanya Ravi On Monday, March 2nd, 2020
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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 (SABIC) from the Public Investment More...

Italian contractor Saipem bags $500m worth offshore contracts
By oilandgasnews365 On Saturday, February 8th, 2020
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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 of the world. The first More...

ARO Drilling awards jack-up drilling rigs contract to International Maritime Industries
By oilandgasnews365 On Sunday, January 19th, 2020
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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 units. The offshore drilling contractor, More...

Reliance Industries to sell 20% stake in O2C unit to Saudi Aramco
By Soujanya Ravi On Saturday, August 31st, 2019
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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 in the Indian conglomerate’s Oil to Chemicals (O2C) division More...

Saudi Aramco, Total to invest $1bn in retail fuel network in Saudi Arabia
By Soujanya Ravi On Sunday, March 3rd, 2019
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Saudi Aramco, Total to invest $1bn in retail fuel network in Saudi Arabia

Saudi Aramco and Total have signed a joint venture (JV) agreement to develop a retail fuel network in Saudi Arabia with an investment of about $1 billion. The 50: 50 JV plans to invest the amount over the next six More...

Saudi Aramco petrochemical project in China
By businessnewstoday On Saturday, February 23rd, 2019
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Saudi Aramco to build $10bn petrochemical project in China

Saudi Aramco, the Saudi Arabian national petroleum and natural gas company, will form a joint venture with Chinese entities NORINCO Group and Panjin Sincen, called Huajin Aramco Petrochemical, to build a $10 billion More...