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Saudi Arabia News

Saudi Arabia's Aramco announces discovery of four new oil and gas fields.

Saudi Arabia announced the discovery of four new oil and gas fields, the Saudi Press Agency reported. Saudi Energy Minister Prince Abdulaziz bin Salman Al Saud said recently that the Saudi Aramco's discoveries... Full Story

Saudi Aramco plans to sell pipeline stake amid a slump in crude prices.

Saudi Aramco, the world’s largest oil producer, is weighing the sale of a stake in its pipeline unit to raise... Full Story

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Aramco to boost oil output capacity to 13 million barrels/day.

Saudi Aramco will boost its oil production capacity to 13 million barrels a day from 12 million, the company said... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Bechtel hired to lay foundations for Saudi Arabia’s $500bn city of the future.
The city, a pet project of Saudi crown prince Mohammed bin Salman, is being billed as a $500bn programme to build “a living laboratory and... Full Story
Saudi Services for Electro-Mechanic Works Co bags 2 utility deals
Saudi Services for Electro-Mechanic Works Company has won two contracts worth $124.8mn (SAR 467.9mn) from the Royal Commission for Jubail and Yanbu (RCJY) for utility... Full Story
NESMA Electric secures sub station contract in Jedah
NESMA Electric has secured one of the famous Substation project in Jeddah. NESMA Electric will build the 110/13.8kV substation in Jeddah Gate Site (Bab... Full Story
L&T to build gas processing plant for its Midyan gas field
Saudi Aramco has awarded Larsen & Toubro (L&T) a contract to build facilities including a gas processing plant for its Midyan gas field. L&T will build... Full Story
KEC International gets orders worth Rs 1,212 crore
KEC International, an RPG Enterprise, has secured orders worth Rs 1,212 crore in the transmission business, the company has orders from the US, Saudi Arabia... Full Story
Saudi Arabia has develop 652 projects
Riyadh: Saudi Arabia has approved 652 projects worth 40 billion Saudi riyals ($10.7 billion) in the four months to the end of April. This compares to... Full Story