Saudi Aramco
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The move to split oversight of Aramco from the Energy Ministry ends decades of tradition but is designed to avoid conflicts of interest ahead of what could be the largest IPO in history.
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The world’s largest oil producer has awarded $18 billion in engineering, procurement, and construction contracts as part of its Marjan and Berri expansion projects.
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The deal with project developer Sempra includes Saudi Aramco netting 5 mtpa of LNG offtake and a 25% equity stake in Phase 1 of the export terminal, which may reach FID later this year.
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While some try to put the two enormous oil producers toe-to-toe, the best thing to do might be to understand why they are different.
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Aramco Asia Singapore Teams With Planet Water Foundation To Provide Safe Drinking Water in IndonesiaThe program includes water-filtration systems and water health and hygiene education in 10 Indonesian villages.
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Take a quick look at some of the data points shaping upstream headlines and the movement of oil supplies around the world.
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Executives from two of Asia’s largest national oil companies declared China’s Belt and Road Initiative project a driving force behind their shifting priorities to diversify the world’s energy mix.
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Megaprojects have come to define many of the world’s new resource projects but they are also a testament to the awesome engineering capabilities of the oil and gas industry. Find out who took home this year’s honors.
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The new deal covers production deck manifolds and subsea pipelines for Zuluf and Berri, two large fields undergoing expansion projects.
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2019’s class of offshore projects show a wide range of potential sanctioning outcomes.