ExxonMobil, Aramco and Samref have signed a Venture Framework Agreement (VFA) to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.
The first phase of Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said. Jafurah is potentially the biggest shale gas project outside the US and is expected to reach sustainable production of 2 billion cubic feet per day by 2030.
Leading Saudi industrial group Bawan Company said one of its key subsidiaries - Petronash Arabia - has received a purchase order for an existing contract with Saudi Aramco to supply modular wellsite packages for their gas wells.
SLB has secured a five-year Aramco contract to provide stimulation, well intervention, frac automation, and digital services for Saudi Arabia’s unconventional gas fields. As part of a multi-billion-dollar programme, it supports Saudi Arabia's energy diversification and global energy transition goals.
Kanoo Energy, a division of Kanoo Industrial & Energy under the Yusuf Bin Ahmed Kanoo Group, has signed a strategic distribution agreement with TECO Motors for electric motor replacement at Aramco and in Bahrain.
The Kuwait Authority for Partnership Projects has issued Request for Proposals to qualified bidders for the development of Al Dibdibah Power and Al Shagaya Renewable Energy (Phase III – Zone 2) Solar PV IPP project with a total capacity of 500MW.
Worley Consulting has signed a master services agreement with Aramco Overseas Company BV (Aramco) that will see the duo explore future collaborations in the energy, resources, maritime and infrastructure sectors across the EMEA region.
Saudi Arabia's Public Investment Fund (PIF) and Golf Saudi on Wednesday announced the continuation and expansion of their transformative partnership in women’s golf through the 2026 PIF Global Series, an elevated slate of five world-class tournaments across three continents.
Aramco reported strong earnings in third quarter, underpinned by operating momentum as major projects progress. The energy major's adjusted net income for the quarter stood at $28 billion (Q3 2024: $27.7 billion).
Ahmad Al-Khowaiter, Executive Vice President of Technology and Innovation at Saudi Aramco, announced the forthcoming opening of a new Aramco Ventures office in Paris at the Adopt AI Grand Palais international summit.
