Wednesday 1 October 2014
 
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Khobar

Mohammad Al Mojil to sue for over $100m

Saudi Arabian construction company Mohammad Al Mojil Group (MMG) plans to start legal action to collect dues and claims worth more than 400 million riyals ($107 million), it said on Sunday. The company said it would take legal act

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Saudi Electricity plans new oil fired plant

State-controlled Saudi Electricity Company (SEC) plans to build a new oil fired power plant in Jeddah over the next four years, two industry sources said on Wednesday. The 2,400-megawatt (MW), heavy fuel oil burning plant is expected to b

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Saudi, Kuwait may award Hout gas deals in Feb

A Kuwaiti and Saudi joint venture is close to awarding contracts to recover gas from their shared Hout oilfield, with US-based McDermott International and South Korea's Daewoo Engineering the lowest bidders, industry sources said. The Al-K

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Saudi Electric to sign $2.85bn power plant deal

State-controlled Saudi Electricity Co (SEC) will sign a SR10.7 billion ($2.85 billion) power deal with a consortium that includes South Korea's Samsung for construction of the Qurayyah plant, it said on Monday. Al-Qurayyah, south of th

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Aramco extends bids for 'biggest' gas plant

State oil giant Saudi Aramco has given engineering firms a fresh date to submit  bids to build Saudi Arabia's biggest gas plant, industry sources said on Saturday. Wasit would be designed to process 2.5 billion cubic feet per day (cfd

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Saudi-Kuwait JV extends bid for Khafji gas work

A Saudi-Kuwaiti joint venture has extended to October 11 the bidding for the construction of gas and natural gas liquids (NGL) distribution facilities at Khafji oilfield, the company said. Al-Khafji Joint Operations Co (KJO) said on its we

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Aramco, Exxon plan clean fuel project in Yanbu

Saudi Aramco and Exxon Mobil plan to shut their 400,000 barrels per day (bpd) Yanbu refinery in 2013 to bring on stream a new clean fuel project, an industry source said on Saturday. Exxon and Aramco are investing $2.5 billion to reduce su

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Schlumberger, Halliburton in race for Khafji field

A service contract for an oilfield Saudi Arabia shares with Kuwait is likely to be split between two of the largest oil services firms Schlumberger and Halliburton, industry sources said. Neither company was available to comment. T

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Jesco to make first seamless pipes delivery

Saudi-based Jubail Energy Services Co (Jesco) said on Saturday it will make its first shipment of seamless pipes to state oil giant Saudi Aramco in the coming two weeks. The plant, which will produce 400,000 tonnes per year of seamless pip

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Moneefa at full capacity only in 2024

State oil giant Saudi Aramco does not expect its giant 900,000 barrels per day Moneefa project to pump at full volume until January 2024, according to the company's annual review. The start-up date for the project of 2013 was unchanged

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