Aramco

Saudi Aramco Reports Increasing Natural Gas Output, with Earnings Climbing in 3Q

Saudi Aramco Reports Increasing Natural Gas Output, with Earnings Climbing in 3Q

Saudi Arabia Oil Co., aka Aramco, achieved record natural gas production of 10.7 Bcf/d on one day in early August from conventional and unconventional fields, management said Wednesday. The recordbreaking figure was set on Aug. 6, executives said during a third quarter conference call. There also are hints of improving demand for oil and gas.…

November 5, 2020
Sempra, Aramco Move Closer to FID on Port Arthur LNG

Sempra, Aramco Move Closer to FID on Port Arthur LNG

Sempra Energy and Saudi Arabia Oil Co., aka Aramco, have taken another step toward developing the Port Arthur LNG export project in Jefferson County, TX, east of Houston.

January 6, 2020

Motiva Expanding into U.S. Petrochemicals with Purchase of Flint Hills Cracker

Saudi-owned Motiva Enterprises, which owns North America’s largest refinery, plans to add to its portfolio east of Houston with the purchase of Flint Hills Resources’ ethylene cracker.

August 20, 2019

Novatek’s Arctic LNG 2 Eyeing Asia Pacific for Final Customer

Russia’s largest independent gas producer Novatek said Wednesday its final partner in the massive Arctic LNG 2 project will likely be an Asia-Pacific customer, with a deal possibly completed in days.

June 26, 2019
Saudi Aramco Gaining Hold in U.S. LNG with Deal to Buy Stake, Supplies from Sempra Port Arthur Project

Saudi Aramco Gaining Hold in U.S. LNG with Deal to Buy Stake, Supplies from Sempra Port Arthur Project

State-owned Saudi Arabia Oil Co., aka Aramco, on Wednesday said it has signed a heads of agreement (HOA) to negotiate buying a 25% stake in Phase 1 of Sempra Energy’s natural gas export project in Port Arthur, near Houston.

May 22, 2019
Saudi Aramco Set to Diversify Global Oil, Gas Investments with Sabic Stake

Saudi Aramco Set to Diversify Global Oil, Gas Investments with Sabic Stake

Saudi Arabia’s national oil company is buying a 70% stake in Saudi Basic Industries Corp., aka Sabic, the kingdom’s petrochemicals firm, in a $69.1 billion deal that paves the way for an infusion of investments into global oil and gas deals beyond the Middle East.

March 29, 2019

Halliburton Inks Deal to Develop Saudi Unconventional Natural Gas

Houston-based Halliburton Co. has inked a contract to help Saudi Arabia develop the country’s unconventional natural gas.

May 29, 2018

Saudi Aramco’s Latest Global Energy Collaborations Worth Estimated $10B

Saudi Arabian Oil Co., better known as Saudi Aramco, has clinched commercial oil and gas partnerships with 14 U.S. energy companies and other global operators that combined are worth $10 billion-plus, the state-owned operator said.

March 29, 2018
Saudis Reportedly Interested in Buying U.S. Shale Assets, Stakes or Fuel from Tellurian

Saudis Reportedly Interested in Buying U.S. Shale Assets, Stakes or Fuel from Tellurian

Saudi Arabia’s state-owned oil and natural gas company is reportedly interested in making its first production investments outside the kingdom, and has inquired about purchasing unconventional assets in the United States — specifically, in the Permian Basin and the Eagle Ford Shale.

December 26, 2017

Saudis Strike Landmark Deals with Who’s Who in U.S. Oil, Gas

U.S. oil and natural gas operators secured deals over the weekend with Saudi Arabia that are expected to create billions in revenue as President Trump completed the first leg of a nine-day marathon trip to the Middle East and Europe.

May 22, 2017
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