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27.03.2018

Article

Worldwide Plant Engineering: A Growing Market – With Growing Challenges

Chemical companies are filling up plant order books: Between 2005 and 2015, global investment in the sector increased by nearly a factor of three and currently stands at more than $ 200 billion. Most of these plants are based on conventional design and construction, but the engin...

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21.01.2018

Article

Joint Development Agreement Signed to Commercialize Saudi Aramco's TC2C Technology

Saudi Aramco, CB&I, and Chevron Lummus Global have signed a joint development agreement to scale up and commercialize Saudi Aramco's Thermal Crude to Chemicals (TC2C) technology.

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08.12.2017

Article

Saudi Aramco and Sabic to Jointly Develop Crude Oil to Chemicals Complex

The two leading companies in Saudi Arabia have entered into an agreement to create a Crude Oil to Chemicals Complex. The project is expected to commence operations in 2025 and produce approximately 9 million tonnes of chemicals and base oils annually.

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03.12.2017

Article

Sadara and Gulf Interchem Sign MOU for Recycling Facility in Plas Chem Park

Sadara signed a Memorandum of Understanding (MOU) with Gulf Interchem, a Bahrain-based technology company, for a by-products upgrade project based in Plas Chem Park, a collaborative industrial park between Sadara and the Royal Commission for Jubail and Yanbu (RCJY) in Jubail Indu...

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15.11.2017

Article

Saudi Aramco Signs Contracts worth 4.5 Billion Dollars

Saudi Aramco has recently signed agreements with several oil and gas service contractors for its mega oil and gas projects that will be designed to enhance the company’s energy sustainability, expand gas production, localize domestic content and also diversify the economy. The ag...

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03.10.2017

Article

Saudi Aramco and Petronas Join Forces for PIC Petrochemicals Project

Saudi Aramco has entered into a strategic partnership with Petronas Chemicals Group Berhad (PCG) for its petrochemicals projects within the Petronas Pengerang Integrated Complex (PIC) in the southern Malaysian state of Johor.

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29.08.2017

Article

Dow to Potentially Increase Equity Ownership in Sadara to 50 %

Dow and Saudi Aramco announced a non-binding Memorandum of Understanding (MOU) that involves the acquisition of an additional 15 % ownership interest by Dow from Saudi Aramco in Sadara, a joint venture developed by the two companies.

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13.07.2017

Article

Sadara Announces Start-Up of Propylene Glycol Plant

Sadara announced that it has successfully started up its Propylene Glycol (PG) plant in the company's chemical complex in Jubail Industrial City II.

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02.06.2017

Article

Saudi Aramco Awards Contract for Oilfield Development to Amec Foster Wheeler

Amec Foster Wheeler has been awarded a contract by Saudi Aramco, for facilities required as part of the integrated oil and gas expansion of the Marjan offshore and onshore oilfield in the Eastern province of Saudi Arabia.

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25.05.2017

Article

National Oilwell Varco and Saudi Aramco Sign Memorandum of Understanding

National Oilwell Varco announced entering into a memorandum of understanding with Saudi Aramco to form a joint venture in Saudi Arabia. The joint venture will manufacture high-specification land rigs, rig and drilling equipment, and offer certain aftermarket services.

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28.02.2017

Article

Saudi Aramco Reports Progress of Jazan Refinery Project

Members of Saudi Aramco’s management team, led by president and CEO Amin Nasser, visited Jazan to be updated on construction progress at the Jazan Economic City (JEC) and refinery and terminal projects.

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01.02.2017

Article

Saudi Aramco Shelves Investment Decision for Rapid Project

Saudi Aramco allegedly suspends plans for a partnership with Pertronas, Reuters cites industry sources. The project with an estimated volume of $ 27 billion was supposed to be built in the southern Malaysian state of Johor. Neither of the both companies responded to Reuter's requ...

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18.01.2017

Article

Five-Year Extension to GES+ Contract

SNC-Lavalin announced that it has been awarded a five-year extension to its existing General Engineering Services Plus (GES+) contract with Saudi Aramco.

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04.12.2016

Article

Sadara Chemical Company Inaugurated

Sadara Chemical Company, a joint venture between The Dow Chemical Company and Saudi Arabian Oil Company (Saudi Aramco), was inaugurated by the Saudi King.

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25.11.2016

Article

Domestic Value Creation for Saudi Arabia

Jacobs Engineering Group received an amendment from Saudi Aramco for its general engineering services (GES) contract.

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27.10.2016

Article

Fire at Saudi Aramco's Riyadh Facility

On October 19 an explosion occurred at Saudi Aramco's crude oil processing facility in the Alwsea' area, close to Riyadh. Two workers died of injuries sustained in the fire.

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27.09.2016

Article

Why Aramco CEO Amin Nasser Calls for a Transformation of the Oil and Gas Sector

No more ‘business as usual’: The CEO of one of the world’s leading oil companies says the upstream sector needs to transform itself to stay on top of the global energy industry. And the biggest challenge might be yet to come…

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01.08.2016

Article

Chiyoda and Larsen & Toubro Successfully form a Consortium

Chiyoda Corporation announces that Emas Chiyoda Subsea has, in partnership with Larsen & Toubro Hydrocarbon Engineering, been awarded a contract by Saudi Aramco.

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30.06.2016

Article

Saudi Arabia Plans to Diversify Petrochemical Industry

Saudi Aramco and Saudi Arabian Basic Industries Corporation (Sabic) have signed heads of agreement to conduct a feasibility study on the development of a fully integrated crude oil-to-chemicals complex to be located in Saudi Arabia.

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22.03.2016

Article

Aramco wants to Build Gas Processing Plant at Uthmaniyah

Saudi Aramco placed a tender for building of a gas processing plant at Uthmaniyah (etsimated project costs around US $ 500 million). The Uthmaniyah-project shall produce Gas Liquids like ethane, propane and butane from natural gas.

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27.08.2014

Article

Saudi Aramco to Invest 400 Billion Dollar to Ramp up Oil Production

Saudi Aramco is confident that despite shale gas and renewable energy, the demand for oil will continue to soar. The Saudi public company therefore plans to invest billions in the production of both crude and gas.

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08.07.2013

Article

World's Largest Butanol Plant to be Build in Saudi Arabia

Saudi Arabia ventures further into the downstream business: Regulatory authorities had recently approved plans of the joint–venture company Saudi Butanol Company (Sabuco), to build the world’s largest butanol plant in Jubail...

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04.07.2013

Article

Saudi Aramco and Total Plan Start of JV Refinery for Late 2013

Saudi Aramco and its joint–venture partner Total plan to start up their new refinery at Jubail Industrial in December 2013. Officials explained work to be 68% completed.

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09.08.2012

Article

Saudi Aramco Extends the Bidding Phase for the Construction of its New Jizan Refinery

Saudi Arabia's national oil giant Saudi Aramco extends the bidding phase for the construction of its planned 400,000 bpd refinery at Jizan, Saudi Arabia, by one month. The billion–dollar–project is expected to expand the company's downstream activities and to raise Saudi Arabia's...

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06.02.2012

Article

Saudi Aramco Sets Out For Expansion in Asia

Saudi Aramco, Saudi Arabia's state owned national oil company plans big expansions in Asia. The company presented plans to increase refinery operation by 50 percent to 6 million barrels/day, investing around US $ 90 billion.

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19.01.2012

Article

Sinopec and Saudi Aramco Form Joint Venture for Saudi Refinery

Two big players of the oil business join forces: Saudi Armaco and Sinopec of China announced to enter a joint venture for the development and operation of the Yasref refinery, Yanbu, Red Sea (currently under construction). This project marks Sinopec’s first international downstre...

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