Tag: Aramco

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....

Energy, Oil & Gas

Kuwait issues RFPs for 500MW renewable energy projects

The Kuwait Authority for Partnership Projects has issued Request for Proposals to qualified bidders for the development of Al Dibdibah Power and Al Shagaya Renewable Energy (Phase III – Zone 2) Solar PV IPP project with a total capacity of 500MW. ...

Energy, Oil & Gas

Worley Consulting signs master services agreement with Aramco

Worley Consulting has signed a master services agreement with Aramco Overseas Company BV (Aramco) that will see the duo explore future collaborations in the energy, resources, maritime and infrastructure sectors across the EMEA region. ...

Energy, Oil & Gas

Aramco expands global footprint with new Paris office

Ahmad Al-Khowaiter, Executive Vice President of Technology and Innovation at Saudi Aramco, announced the forthcoming opening of a new Aramco Ventures office in Paris at the Adopt AI Grand Palais international summit....