Saudi Aramco awards $7.7Bln contracts to boost domestic gas while completing Singapore LNG assets bid process
Saudi Arabian Oil Company (Saudi Aramco), the largest oil exporter, has just awarded a $7.7 billion engineering contract for domestic natural gas while also completing the bidding process against Shell to acquire the LNG interests of Pavilion Energy of Singapore.
Saudis make two large natural gas field discoveries after also entering LNG sector and starting shale gas project
Saudi Energy Minister Prince Abdulaziz bin Salman said Saudi Arabian Oil Co., known as Saudi Aramco, has made two large natural gas field discoveries after recently also entering the LNG sector while additionally starting output in a Saudi shale gas basin called South Ghawar.
US LNG equipment-maker Air Products signs $12Bln financing for Saudi Arabian gasification and power
US LNG equipment-maker and industrial gases company Air Products has signed a $12-billion project financing and assets agreement for a gasification and power venture for Jazan Economic City with partners Saudi Arabia Oil Company (Aramco) and Saudi firm ACWA Power.
Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage advances with Dutch firm winning contract
A heavy-lifting, transportation and installation contract has been awarded to privately held Dutch company Mammoet for Saudi Aramco’s natural gas storage and gas resources management project, the Aramco Hawiyah Unayzah Gas Reservoir Storage venture, located 260 kilometres (160 miles) east of Saudi Arabia's capital Riyadh.
Saudi Aramco posts $11.8Bln profits and reports record natural gas output and more gas discoveries
The Saudi Arabian Oil Company, Saudi Aramco, posted third-quarter net income of $11.8 billion as it planned future LNG and natural gas as well as new energy projects and reported record one-day output at one of its gas fields and more gas discoveries.
Saudi Aramco posts earnings with 20 percent profit fall and advance in natural gas plans
Saudi Aramco, the largest oil producing company, has just reported its annual earnings with net profits dropping by around 20 percent to $88.2 billion compared with $111.1Bln for the previous year as it outlined plans to spend billions on unconventional natural gas development after also planning to enter the LNG sector.
