Saudi Aramco got its start in the 1930s when Standard Oil of California found large petroleum deposits while conducting operations at the behest of the government of Saudi Arabia. Today, the company is run and largely owned by the Saudi government and is
According to company documents, Saudi Aramco reduced the official selling price (OSP) of Arabian Light Crude Oil shipped to Asia in October to US$1.70 per barrel for the first time in four months, which is US$1.70 higher than the average price of DME Oman and Platts Dubai crude oil. . ...
Saudi Aramco Total Refining and Petrochemical Company USD 10.5bn financing for Mixed Feed Cracker (MFC) Saudi Aramco Total Refining and Petrochemical Company Issue Date:2 October 2024 Bookrunners / JLMs:ADCB, Agricultural Bank of China, Al Rajhi Bank, Bank of China, BSF, Citi, Credit Agricole,...
The article reports on the official joint venture of the Saudi Aramco and Total Jubail Refinery in Jubail, Saudi Arabia. It mentions that the two firms have signed the agreements in order to establish a joint venture company for the proposed 400,000 b/d refinery. Inasmuch, the strategic ...
In Kingdom Total Value Add (IKTVA) In 2015, Saudi Aramco implemented the IKTVA program which created a score for each contractor or supplier who submits a tender for a Saudi Aramco project to measure their local value creation. The key objective of the program is to promote "localisation...
Dhahran - the home of Saudi Aramco, the world's largest petroleum company. Ha'il - city in northwestern Saudi Arabia. It is the capital of Ha'il Region, Hofuf - major urban center in the Al-Ahsa Oasis in the Eastern Province of Saudi Arabia. It is also known for being one of the ...
Saudi Arabia is pumping billions into a series of mega architectural projects as the Gulf State looks to move away from its reliance on oil.
JV for Saudi Aramco/Total Jubail Refinery Official.The article reports on the deal signed between oil companies Saudi Aramco and Total for the establishment of Jubail Refining and Petrochemical Co., a joint venture company, in Jubail, Saudi Arabia. It states that the company will manage their ...
Later, in 1945, his arrival in Dhahran marked the beginning of planned urban developments. His work in establishing “company towns” to house Aramco workers led to the creation of self-sufficient communities with modern infrastructure, setting a blueprint for urban growth in the region. ...
Saudi Aramcohas claimed the title of the Middle East’s most valuable brand for the second consecutive year, with a brand value of US$37.5 billion. Last year’s Brand Finance Middle East ranking saw the new arrival of the oil & gas behemoth, following the top oil exporter’s record...