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. ...
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....
ExxonMobil, Aramco and Samref have signed a Venture Framework Agreement (VFA) to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex....
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....
Kanoo Energy, a division of Kanoo Industrial & Energy under the Yusuf Bin Ahmed Kanoo Group, has signed a strategic distribution agreement with TECO Motors for electric motor replacement at Aramco and in Bahrain....
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. ...
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. ...
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....
Aramco, one of the world’s leading integrated energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, have achieved a major breakthrough for the Middle East’s technology landscape with the successful deployment of Saudi Arabia’s first quantum computer — and the region’s first quantum computer dedicated to industrial applications....
ESAB and Aramco signed a Memorandum of Understanding to advance industrial capabilities in Saudi Arabia, aligned with Vision 2030, focusing on local manufacturing, operational excellence, knowledge transfer, technical training, and sustainability in welding processes. ...
Baker Hughes has announced that it has secured a multi-year contract along with China Petroleum Engineering & Construction for the MGS project of Saudi oil giant Aramco. The work involves deployment of asset performance management suite across four booster gas compression stations (BGCS) in the kingdom. ...
Saudi oil giant Aramco has announced 17 MoUs and agreements with a potential total value of more than $30 billion with major companies in the US, through its Aramco Group Companies. These are aimed at supporting Aramco’s strategic growth objectives while enhancing its shareholder value. ...
Abdul Hameed Al-Dughaither, Aramco Executive Vice President of EXPEC & Drilling, emphasised the transformative role of geomechanics coupled with artificial intelligence (AI) and automation in advancing drilling, production, reservoir management practices, and the mining industry....
Senior Aramco executives have highlighted the transformational potential of artificial intelligence (AI), its role in overcoming long-established issues related to corrosion — and possibilities it presents for developing innovative new materials on an industrial scale....
Aramco reported strong earnings in third quarter, underpinned by operating momentum as major projects progress. The energy major's adjusted net income for the quarter stood at $28 billion (Q3 2024: $27.7 billion)....
Yokogawa Electric Corporation has deployed multiple autonomous control AI agents at Aramco’s Fadhili Gas Plant in Saudi Arabia, marking a milestone in industrial AI solutions and enhancing operational efficiency in process automation technology....
Saudi oil giant Aramco has announced the completion of an $11 billion lease and leaseback investment deal for its Jafurah gas processing facilities with a consortium of investors led by funds managed by Global Infrastructure Partners, a part of BlackRock. ...
Saudi Arabia's Public Investment Fund (PIF) and Aramco have signed a non-binding term sheet outlining the key terms for Aramco to acquire a significant minority stake in HUMAIN, a PIF company, advancing a full range of AI capabilities globally....
Baker Hughes has announced that it has secured a major contract from oil giant Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The order was booked in the third quarter....
King Abdullah University of Science and Technology (KAUST) and Aramco have signed an IP license agreement for commercialisation of the Hybrid Unmanned Aerial Vehicle Crawler Technology (HUCT)....
