Saudi Arabia

Latest News and Press Releases

Middle East

Foster Wheeler and SOFCON to Form Joint Venture in Saudi Arabia

03 February 2010

Foster Wheeler AG announces that a subsidiary of its Global Engineering and Construction Group has signed a Joint Ventur...

Middle East

Keppel to Build Saudi Aramco's First Purpose-built Jackup

27 January 2010

Keppel FELS Limited (Keppel FELS) has secured a contract from Aramco Overseas Company B.V., a subsidiary of Saudi Aramco...

Middle East

State-Run Saudi Aramco to Build Jizan Refinery

25 January 2010

Saudi Arabia's state-owned Saudi Aramco has been charged with constructing the proposed 250,000-400,000 barrels per day ...

Middle East

Elliott Awarded Contract for Jubail Export Refinery Compressors

24 January 2010

Elliott Company has been awarded a contract to provide all seventeen compressor trains for the new Saudi Aramco Total Re...

Middle East

CGGVeritas Announces Two Major Ocean Bottom Cable Contract Awards

12 January 2010

CGGVeritas announces today that ARGAS, its Saudi Arabian joint venture owned 49% by CGGVeritas and 51% by TAQA, h...

Middle East

Zamil Group and Petrofac Establish New Joint Venture in Saudi Arabia

24 November 2009

Petrofac, the international oil & gas facilities service provider, has established a Joint Venture agreement with Za...

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Middle East

Halliburton Awarded Integrated Turnkey Drilling Contract For South Ghawar

06 November 2009

Halliburton has been awarded the integrated turnkey drilling contract in South Ghawar. Located approximately 200 kilo...

Middle East

Petrobras Looking at Potential Investments in Saudi Arabia

04 November 2009

Petróleo Brasileiro S/A - Petrobras, announces that, after a visit made to Saudi Arabia late October, it is analyzing so...

Middle East

KBR Awarded FEED Contract by Saudi Aramco for Shaybah NGL Program

30 September 2009

KBR has been awarded a contract by the Saudi Arabian Oil Company (Saudi Aramco) to provide front-end engineering ...

Middle East

CGGVeritas Announces Inauguration of Saudi Arabia Technology Center

12 August 2009

CGGVeritas announces that ARGAS, one of its joint ventures with TAQA in the Middle East, has opened a Technology Center ...

Middle East

Saudi Aramco Signs MoU For Energy Park Project in Dammam

09 August 2009

Saudi Aramco and the Oilfields Service Contracting Co. (OSCC) recently signed a Memorandum of Understanding (MOU)...

Middle East

Shoaibi Group and GMS in Saudi Arabia Offshore Services Joint Venture

27 July 2009

Shoaibi Group and Gulf Marine Services form Joint Venture to provide offshore barge operation services in Saudi Arabiab...

Middle East

Saudi Aramco and ConocoPhillips Relaunch Bidding Process for Yanbu Project

30 June 2009

The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips announce the re-launch of the bidding process for the co...

Middle East

Chevron PNZ Steamflood Project Achieves First Steam Injection

29 June 2009

Chevron Corporation announces that its subsidiary, Saudi Arabian Chevron (SAC), has achieved first steam injection at it...

Middle East

Saudi Aramco and Total Award EPC Contracts for Jubail Export Refinery

18 June 2009

Saudi Aramco Total Refining and Petrochemical Company (SATORP) finalized the awarding plan for Engineering, Procurement ...

Middle East

FMC Technologies Forms JV with Shoaibi Group in Saudi Arabia

16 June 2009

Shoaibi Group (SG) and “FMC Petroleum Equipment (Malaysia) SND. BHD.”, a wholly owned subsidiary of “FMC Technologies, I...

Worldwide

EIA Reviews 2009 OPEC Oil Export Revenues

09 June 2009

Based on projections from the EIA June 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petrole...

Middle East

ITS Group Forms JV with Shoaibi Group to Accelerate Expansion in Saudi Arabia

04 May 2009

Shoaibi Group (“SG”) and ITS announces the formation of ITS Arabia Limited, a joint venture offering operators oilfie...

Middle East

EC Harris Wins Major Oil and Gas Contract in Saudi Arabia

27 April 2009

EC Harris has secured a major oil and gas contract in Saudi Arabia. The built asset consultancy has been appointe...

Middle East

Saudi Aramco - Taking ERC Wells to New Extremes

26 April 2009

Saudi Aramco’s Extreme Reservoir Contact (ERC) Wells project took another step forward recently as EXPEC Advance Researc...

Middle East

OPEC Torn Between Further Cut and Continued Compliance

11 March 2009

The outlook remains grim according to the Organisation of Petroleum Exporting Countries (OPEC) as it looks set to slash ...

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