Saudi Arabia
News
March 02, 2020
Bahrain may transfer some of its oil and natural gas assets into a proposed state-run fund in which it could sell shares to investors, as the smallest Gulf Arab country seeks to balance its budget.
News
February 24, 2020
Inmarsat announced that it will bring its maritime, aviation and enterprise connectivity solutions to customers based in Saudi Arabia through new partner agreements.
News
February 24, 2020
The center will manufacture well completions technologies including liner hangers and packers and isolation valve technologies, to help improve the efficiency of oil and gas operations in the Kingdom and neighboring countries.
News
February 24, 2020
Saudi Arabia plans to invest 412 billion riyals ($110 billion) to develop unconventional natural gas reserves in the eastern Jafurah field, according to the kingdom’s official Saudi Press Agency.
News
February 19, 2020
Saudi Arabia gave the clearest signal yet of its concerns about the impact of the coronavirus on oil markets, comparing the situation to a blaze that needs the fire brigade.
News
February 13, 2020
Saudi Arabia and Kuwait authorized the restart of oil production at the Wafra field from Sunday, more than four years after they halted output at the shared deposit.
News
January 29, 2020
Yemen’s Houthi rebels claimed that they launched attacks with missiles and drones on Saudi Aramco in the kingdom’s southern Jazan region.
News
January 22, 2020
Kuwait plans to restart oil production by March at the Wafra field that it shares with Saudi Arabia, more than four years after the neighbors halted output.
News
January 22, 2020
Saudi Aramco is still considering listing shares abroad, the kingdom’s Finance Minister Mohammed Al-Jadaan said.
News
January 21, 2020
Wood has secured a two-year extension to its in-Kingdom and out-of-Kingdom contracts with Saudi Aramco’s subsidiary, Aramco Overseas Company for its unconventional gas program, extending awards originally secured in 2014.
News
January 09, 2020
Saudi Arabia is seeking companies to build four solar power plants as the Persian Gulf oil giant resumes its renewable energy push.
News
January 06, 2020
Futures jumped by another 1.4% on Monday as the U.S. State Department warned of a “heightened risk” of missile attacks near military bases and energy facilities in Saudi Arabia.
News
January 03, 2020
Halliburton Landmark presented a multimillion dollar educational software grant to King Abdulaziz University in Saudi Arabia to train and prepare the next generation of Saudi oil and gas engineers and geoscientists.
News
December 31, 2019
Saudi Arabia’s economy shrank 0.5% in the third quarter, a contraction that was broadly expected even as the kingdom’s goal of weaning itself off crude began to pay off with solid growth in non-oil sectors.
News
December 26, 2019
If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign money keeps flooding in.
News
December 24, 2019
Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output.
News
December 10, 2019
Saudi Arabia is reviewing its plan to cut domestic energy subsidies as it tries to balance its budget without hurting businesses that have relied on cheap power for a competitive edge.
News
December 10, 2019
With its campaign to diversify the economy and efforts within OPEC, Saudi Arabia’s focus is on trying to “bring stability” to its revenue and the market, Finance Minister Mohammed Al Jadaan said in an interview.
News
December 06, 2019
OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia.
News
December 05, 2019
Saudi Arabia appeared to be on track to forge a new quid pro quo with fellow OPEC+ members: If you stop cheating, we’ll keep on cutting.
News
December 05, 2019
Saudi Oil Minister Prince Abdulaziz bin Salman, in Vienna for his first meeting since taking the top job, is willing to raise production slightly if other countries keep failing to meet their existing output target, according to OPEC delegates.
