6/1/2026 9:49:02 AM (Volume: 43 / Issue: 6)
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Tag: Aramco

Energy, Oil & Gas

KBR lands Saudi petchem complex maintenance contract

SATORP, a joint venture between Saudi oil giant Aramco and French multinational integrated energy TotalEnergies, has signed up KBR, a leading technology and engineering solutions company, to provide comprehensive maintenance services for its petrochemical complex in Jubail for the next seven years....

Energy, Oil & Gas

Energy crisis looms as major plants shut down, Hormuz shipping halted

A sharp escalation in the Middle East conflict has triggered major disruptions across the region’s energy industry, with QatarEnergy announcing a halt to LNG production, Saudi Aramco shutting its Ras Tanura refinery and the shipping almost coming to a halt in Strait of Hormuz....

Energy, Oil & Gas

Saudi Arabia's Ras Tanura refinery shut after drone incident

A drone strike has forced the temporary closure of the Ras Tanura Refinery, one of the world’s largest oil processing facilities in Saudi Arabia, dealing a fresh blow to global energy markets already on edge over escalating regional tensions....

Energy, Oil & Gas

Aramco achieves double success in gas strategy; Jafurah & Tanajib start ops

Aramco, one of the world’s leading integrated energy and chemicals companies, on Thursday announced major progress in its ambitious gas expansion strategy, with the start of production at Jafurah, the Middle East’s largest unconventional gas field, and the commencement of operations at Tanajib Gas Plant, one of the largest gas plants in the world....

Energy, Oil & Gas

Emerson recognised by Aramco for local manufacturing excellence

Emerson, an expert in automation technology and software, has been awarded the 2026 Saudi Aramco Local Manufacturers Quality Award, in recognition of its commitment to quality, manufacturing excellence, and long-term alignment with national industrial objectives....

Energy, Oil & Gas

Saipem secures $500m EPCI contract for Aramco project

Italian group Saipem has announced that it has secured a new engineering, procurement, construction and installation (EPCI) contract for an offshore project from Saudi oil giant Aramco. The work is for a 48-inch trunkline, comprising 65 km offshore and 12 km onshore in Safaniya oil field. ...

Energy, Oil & Gas

Aramco achieves 70pc local content target through iktva programme

Aramco’s In-Kingdom Total Value Add (iktva) programme has reached 70 per cent local content and aims for 75 per cent by 2030. Since inception, iktva has contributed over $280 billion to Saudi Arabia’s GDP, driving industrial growth, economic diversification, and long-term fiscal resilience. ...

Energy, Oil & Gas

Aramco completes $4bn multi-tranche bond issuance

Aramco has completed a $4 billion bond issuance across four tranches under its Global Medium Term Note Programme, comprising senior notes maturing between 2029 and 2056. The bonds were priced on January 26, 2026, and listed on the London Stock Exchange....

Energy, Oil & Gas

Kuwait mulls $7bn pipeline stake sale, says report

Kuwait Petroleum Corporation (KPC) is set to ​launch an oil pipeline network stake sale as soon as February in a deal that could raise up to $7 billion, said a report. The shift comes as oil prices, down more than 25% in two years, sit below levels needed to fund the Gulf’s diversification plans. ...

Energy, Oil & Gas

Aramco, Commonwealth LNG sign long-term supply deal

Aramco and Commonwealth LNG have signed a long-term contract for the US LNG developer to supply the world's largest oil exporter with 1 million metric tonnes per annum (mtpa), three people familiar with the deal told Reuters....

Energy, Oil & Gas

Saudi Aramco launches 98-Octane Gasoline for vehicles

Saudi oil giant Aramco has announced the launch of its 98-octane gasoline product, which will begin supplying in January 2026 as part of efforts to expand consumer fuel options and diversify its product portfolio without affecting existing products in the market. ...

Energy, Oil & Gas

Aramco, Luberef sign deal to build base oil plant at Jazan

Saudi Aramco Base Oil Company (Luberef) has announced that it has signed an agreement with global oil major Aramco for setting up a base oil plant within its refinery in Jazan city. The deal establishes the framework for technical, commercial, and operational assessments of the project. ...

Energy, Oil & Gas

Bawan unit secures Aramco wellsite package order

Leading Saudi industrial group Bawan Company said one of its key subsidiaries - Petronash Arabia - has received a purchase order for an existing contract with Saudi Aramco to supply modular wellsite packages for their gas wells. ...

Energy, Oil & Gas

SLB wins 5-year Aramco gas field contract

SLB has secured a five-year Aramco contract to provide stimulation, well intervention, frac automation, and digital services for Saudi Arabia’s unconventional gas fields. As part of a multi-billion-dollar programme, it supports Saudi Arabia's energy diversification and global energy transition goals....

Energy, Oil & Gas

Aramco's Jafurah gas plant begins output

The first phase of Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said. Jafurah is potentially the biggest shale gas project outside the US and is expected to reach sustainable production of 2 billion cubic feet per day by 2030....

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