KBR has announced that SABIC Agri-Nutrients (SABIC AN) has selected its Purifier technology for a new 3,500 metric tonnes per day (MTPD) single-train ammonia plant in Jubail, Saudi Arabia....
Brent crude hovered around $107 a barrel on Tuesday, extending gains as uncertainty over the US-Iran conflict and the future of the Strait of Hormuz continued to keep a substantial risk premium in oil markets....
Saudi Arabia has awarded China’s Gotion High-Tech 6 GWh of capacity under its first utility-scale battery energy storage programme, as part of the $1.16 billion G1 project, thus marking a major step in its drive to expand energy storage capacity and support its Vision 2030 energy transition goals. ...
Oil prices climbed sharply on Monday, with Brent crude rising $2.59 to around $106.90 a barrel, as uncertainty over US-Iran diplomacy renewed concerns about the future of oil shipments through the Strait of Hormuz....
Oil exports through the Strait of Hormuz are rebounding this month despite continued restrictions on shipping, with Saudi Arabia sharply increasing shipments through the strategic waterway after attacks disrupted its main pipeline route to the Red Sea, according to data from energy intelligence firm Kpler....
SLB has secured four integrated well construction contracts from Aramco covering more than 450 wells across Saudi Arabia over three years, with an option for a two-year extension, supporting the Kingdom’s ongoing oil and gas development programmes....
IFS, a provider of Industrial AI software, has announced that Arab Tank Terminals (ATTL), an independent bulk liquid storage terminal operator on Saudi Arabia’s Red Sea coast, has selected IFS Cloud embedded with IFS.ai as its enterprise resource planning (ERP) platform....
Oil prices fell more than 2% on Monday to their lowest levels in more than a week as hopes for renewed US-Iran diplomacy reduced some of the geopolitical risk premium, while President Donald Trump signalled he could meet Iranian President Masoud Pezeshkian but warned Tehran that much bigger action could follow if it did not change course....
MAIRE’s Nextchem, through Stamicarbon, has secured a €125 million ($144 million) technology package for SABIC Agri-Nutrients’ SAN-7 fertiliser project in Al Jubail, Saudi Arabia. The deal covers licensing, process design and proprietary equipment supply using NX STAMI Urea technology....
Saudi Arabia has identified an estimated 114 million tonnes of ore containing high concentrations of rare earth elements and promising uranium deposits at the Jabal Sayid project in the Madinah region, Energy Minister Prince Abdulaziz bin Salman announced at the 70th General Conference of the International Atomic Energy Agency (IAEA) in Vienna....
Global oil markets face a fresh supply shock after Saudi Arabia shut down its 1,200-km East-West Pipeline following multiple drone attacks, as continuing attacks on shipping in the Strait of Hormuz and a widening Houthi offensive in the Red Sea threaten to disrupt vital energy routes on both sides of the Arabian Peninsula....
Saudi-listed Acwa has reached the Project Commercial Operation Date (PCOD) for the utility systems serving The Red Sea destination, marking the first time a giga-project in Saudi Arabia has brought its entire utility infrastructure into commercial operation using only renewable energy and without support from the national grid....
Sabic and Lenovo have signed an MoU to explore strategic collaboration on industrial innovation and advanced technology development. Signed September 1 during LEAP in Riyadh, the agreement aims to combine expertise, accelerate knowledge transfer and support Saudi Arabia’s industrial transformation....
Saudi Arabia’s King Salman Humanitarian Aid and Relief Centre (KSrelief) has signed a joint programme with the Education Development Organisation to drill 37 solar-powered wells in N’Djamena and other regions of Chad....
Saudi Energy has signed three strategic agreements at LEAP 2026 with HUMAIN, center3 and Huawei to strengthen energy and digital infrastructure for Saudi Arabia’s expanding AI and data centre sector, supporting future capacity, investment and technological growth....
Saudi Arabia’s Arabian Drilling Company has signed a new five-year contract worth approximately SAR3 billion ($800 million) with SLB for the provision of 11 land rigs for gas-related lump-sum turnkey (LSTK) operations....
The Saudi Oil Sustainability Programme (OSP) has won two international Vega Digital Awards for its “We Know Its Worth” campaign, launched to mark Saudi Arabia’s 95th National Day and highlight the importance of oil in everyday life....
Intech has secured a services contract to provide comprehensive maintenance support for critical safety and control infrastructure at a major petrochemical facility in Saudi Arabia....
Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, a Reuters News report said quoting two sources with knowledge of the matter....
Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, said it has received notice to resume operations for its remaining suspended offshore rigs. The company expects the restart to reflect a recovery in offshore market activity and lift utilisation across its offshore fleet to 100 per cent by the end of the third quarter of 2026....
