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Drilling & Production
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The Middle East Energy Awards
SABIC posts rare loss for Q4 2019
The company's net profit for the full year also dropped drastically by .....
Saudi Arabia sees 54% increase in new international companies in 2019
The final quarter of 2019 proved to be the busiest period of .....
Saudi Aramco invests $5mn into blockchain oil trading platform Vakt
Vakt is a platform for post-trade processing, founded by companies including BP, .....
Oil price slide halts as OPEC mulls deeper output cuts or extension
The slide in oil prices was halted by news that OPEC+ could .....
Samsung Engineering wins $1.85bn Aramco gas storage contract
The project is located at Hawiyah, 260km east of Saudi Arabia's capital .....
OPEC reportedly considering deeper cuts following coronavirus fears
The price of Brent crude dropped to below $60 per barrel, a .....
EU antitrust regulators to rule on Aramco's $69.1bn SABIC acquisition in February
If it does not clear the deal, the Commission can open an .....
Coronavirus will have "very limited impact" on demand: Saudi energy minister
Despite worries about a dip in oil consumption, Prince Abdulaziz bin Salman .....
Kuwait will restart Wafra oil production in neutral zone by March
Wafra and Khafji fields can produce up to 500,000 barrels per day .....
Saudi Aramco ranked world's second most valuable oil & gas brand at $46.8bn
The oil and gas giant was named the Middle East's most valuable .....
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