Saudi Arabia

Latest News and Press Releases

Worldwide

Petroleum Intelligence Weekly Ranks World’s Top 50 Oil Companies

Tuesday, December 02, 2008

- National Oil Companies strengthen their hold in annual survey - Saudi Aramco remains No. 1, and China's CNPC surpa...

Middle East

Flowserve Signs Long-Term Strategic Agreement with Saudi Aramco

Tuesday, November 25, 2008

Flowserve Corporation, one of the world’s leading providers of flow control products and services for the global infrast...

Africa

Pirates Hijack Saudi Super-Tanker; Two Britons Held Hostage

Tuesday, November 18, 2008

The oil industry has found itself facing a fresh global price demon on Monday, after pirates seized what could possibly ...

Middle East

Saudi’s Cut December Oil Supplies to Asia by 5%; Prices Rebound

Monday, November 10, 2008

Fueled by Saudi Arabia’s announcement that it plans to cut its levels of December supplies to Asia by approximately 5...

Middle East

Saudi Aramco and ConocoPhillips Delay Yanbu Project

Friday, November 07, 2008

The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips have agreed to halt the bidding process associated with ...

Worldwide

Platts Survey Shows OPEC Oil Output Down 340,000 b/d to 32.47 million b/d in September

Friday, October 10, 2008

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.47 million barrels p...

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More Headlines from Saudi Arabia

Worldwide

OPEC Oil Export Revenues up 10% in 2007

Thursday, September 11, 2008

EIA estimates that members of the Organization of the Petroleum Exporting Countries (OPEC) earned $671 billion in net oi...

Worldwide

Oil Falls Below $100 as OPEC Discusses Production Quotas

Wednesday, September 10, 2008

Crude oil dropped below $100 a barrel, for the first time since April, on the very day that the 13 OPEC member nations s...

Middle East

Scorpion Offshore Awarded Contract in the Persian Gulf

Sunday, August 24, 2008

Scorpion International Ltd., a wholly-owned subsidiary of Scorpion Offshore Ltd., through its Saudi Arabian venture part...

Middle East

OPEC Forced to Slash Export Predictions for Fifth Consecutive Month

Saturday, August 16, 2008

Crashing crude oil prices are set to cost OPEC (Organisation of the Petroleum Exporting Countries) a potential $79 billi...

Middle East

Saudi Aramco and Total Create the Jubail Refining and Petrochemical Company

Sunday, June 22, 2008

The Saudi Arabian Oil Company (Saudi Aramco) and Total today signed the Shareholders Agreement and other core agreements...

Middle East

GE Energy Signs Contracts for More than Half-Billion Dollars to Support Projects in Saudi Arabia

Friday, May 30, 2008

GE Energy has signed contracts totaling more than $500 million to supply gas turbines and generators for power plant pro...

Middle East

Saudi Aramco and Total Confirm Jubail Refinery Project

Wednesday, May 14, 2008

The Saudi Arabian Oil Company (Saudi Aramco) and Total have both confirmed their decision to invest in a 400,000 barrel ...

Middle East

Halliburton Awarded Contract by Saudi Aramco to Develop Manifa Offshore Project

Monday, April 21, 2008

Halliburton has been selected to provide a variety of oilfield services in support of the offshore portion of Saudi Aram...

Middle East

Saudi King is Preserving Resources for Future

Monday, April 14, 2008

Saudi Arabia’s King Abdullah has prohibited the extraction of oil from newly discovered oil reserves to save oil resourc...

Middle East

Saudi gas pipeline blast kills 28

Monday, November 19, 2007

An accidental explosion and fire on a natural gas pipeline in eastern Saudi Arabia yesterday killed 28 people and left 1...

Middle East

Saudi Aramco Announces New Gas Discovery Southeast of Ghawar

Thursday, February 22, 2007

Saudi Aramco has discovered a new oil field southeast of Ghawar in the Eastern Province. On Feb. 11, the Dirwaz...

Middle East

GlobalSantaFe Announces Major Saudi Aramco Contract

Sunday, June 04, 2006

Worldwide offshore oil and gas drilling contractor GlobalSantaFe Corporation has signed a contract with Saudi Aramco to ...

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