Aramco reveals US$46.9bn profits in half-year reports
13 August, 2019
Saudi Arabia’s state-owned oil giant Saudi Aramco announced profits of US$46.9bn for the first half of 2019 during the company’s first ever investor call.
McDermott wins offshore EPCI contract from Saudi Aramco
02 August, 2019
State-owned oil company Saudi Aramco has awarded an engineering, procurement, construction and installation contract to McDermott for fields in the Arabian Gulf.
ADNOC completes US$5.67bn sale of downstream shares to European majors
01 August, 2019
The Abu Dhabi National Oil Company (ADNOC) has completed deals with Eni and OMV totalling US$5.67bn for stakes in its downstream unit ADNOC Refining.
ADNOC and Pertamina seal deal to collaborate on oil and gas expansion
26 July, 2019
Abu Dhabi National Oil Company has signed a Comprehensive Strategic Framework with PT Pertamina to explore opportunities for collaboration across the oil and gas value chain in the UAE, Indonesia and globally.
Masder and EDF to build Dumat Al Jandal facility
24 July, 2019
Saudi Arabia, the world's biggest oil exporter, is set to start generating wind power within three years as part of an effort to harness renewable energy to cut local demand for fossil fuels.
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