Saturday 29 August 2015
 
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Saudi Aramco

Aramco extends bidding for Hasbah expansion

State oil giant Saudi Aramco has extended by almost a month bidding for the expansion of the offshore Hasbah sour gas field which will feed the planned Fadhili gas plant, industry sources said. Gas is a top priority for Saudi Arab

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Saudi shipper Bahri doubles Q2 profit

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, said on Monday its second-quarter net profit more than doubled due to increased fleet size and rates for transporting spot crude. The c

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Aramco lowers August Arab Light crude OSP to Asia

Saudi Arabia has cut the official selling price (OSP) for its benchmark Arab Light crude to Asia in August, as expected, while raising the price to European customers.   State oil company Aramco has lowered the A

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Saudi Aramco plans cleaner fuels for key refineries

Saudi Aramco has revived plans to add a clean fuels unit in its biggest oil refinery in Ras Tanura and more environmentally-friendly units to its Rabigh refinery, industry sources said. There has been a shift in Middle Eastern ref

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Saudi Aramco plans cleaner fuels for key refineries

Saudi Aramco has revived plans to add a clean fuels unit in its biggest oil refinery in Ras Tanura and more environmentally-friendly units to its Rabigh refinery, industry sources said. There has been a shift in Middle Eastern ref

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Saudi Aramco plans to boost stake in Lukoil JV

Saudi state oil company Saudi Aramco wants to raise its share in Luksar, a joint venture with Russia's Lukoil, to 50 per cent, the chief executive of the Russian company said on Wednesday. "They are interested in taking t

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Saudi Aramco plans 250 rigs in 2016 if oil price soars

Saudi Aramco may raise the number of its oil and gas drilling rigs to as high as 250 next year if oil prices continue to firm and as domestic demand for gas increases, industry sources said on Thursday. Currently the national ener

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Saudi Aramco seeks 1.6m barrels gasoil for June

Saudi Aramco is seeking 1.6 million barrels of gasoil for delivery in June, after earlier seeking similar volumes for May, traders said.   Saudi Aramco Products Trading Company (ATC), a wholly-owned subsidiary of

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Aramco in negotiation to buy 1.7m barrels of gasoil for May

Saudi Aramco is in negotiation to buy 1.7 million barrels of gasoil for delivery in May, its largest spot requirement in recent months, to meet a potential rise in domestic demand for the power generation fuel in summer, industry sources said.

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Arabtec wins $283m Saudi Aramco villas project

Dubai's Arabtec has been awarded a Dh1.04 billion ($283.16 million) contract from Saudi Aramco to build 380 villas in Saudi Arabia, the contractor said on Tuesday. Arabtec, which this week put four of its five Saudi subsidiari

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