ArabianBusiness.com - Middle East Business News
Friday, 05 December 2008 13:22 UAE time

YOUR DIRECTORY /

Saudi Aramco

Main Category: Oil / Gas Producer
First Address : PO Box 5000
City : Dhahran
Country : Saudi Arabia
Phone: 966 3 8720115
Fax: 966 3 8738190
Email: webmaster@aramco.com
Website: www.saudiaramco.com


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ALL STORIES LIST


Aramco delays restart of mothballed oilfield

$1bn project to restart production at company's oldest site shelved due to costs.

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Saudi Aramco: end-'09 crude capacity to rise to 12mn bpd

Figure a maximum output not a production target, says chief executive.

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Tension mounts in Somali pirate lair

Islamist fighters threaten to attack pirates holding Saudi tanker as ransom clock ticks.

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Pirates demand $25mn ranson for Saudi tanker

UPDATE 1: Somali hijackers also set 10-day deadline for cash for oil vessel.

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Indian navy destroys pirate ship; tanker ransom demanded

UPDATE 3: 'Mother ship' sunk but more hijackings reported off Somali coast.

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Supertanker crew safe as yet another vessel taken

UPDATE 1: Hijacked Sirius Star held 2mn barrels, quarter of total Saudi output.

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'Business as usual' for Saudi oil export shipping

Saudi Aramco says operations are as normal despite hijacking of tanker by pirates.

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Aramco on track to hit capacity target

UPDATE 1: Oil giant's new CEO says company will be able to boost capacity to 12mn bpd by mid-2009.

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Aramco: Low oil prices threatening investment

CEO of Saudi oil giant says fall in prices could hurt large investments required in industry.

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Saudi Aramco seeks to renegotiate contracts

State oil giant aims for better deal on equipment for new export refineries.

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Saudi Aramco names new chief executive

New head of state-owned oil giant is 30-year company veteran, will take up appointment on Jan. 1.

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Aramco exec admits project financing will get tougher

Saudi firm expects global economic crisis to impact on financing of mega projects.

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Jumah spells out Aramco vision

12 million barrels per day production by year-end 2009 says CEO.

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High targets for Saudi SI

IT solutions firm Precise Trace is making a further play for the large end-user accounts in Saudi Arabia.

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Saudi refinery fire repairs could take months

Gasoline-producing unit shut down at kingdom's largest oil refinery forcing cut in output.

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Aramco, Dow plant facing delays

Sheer size of Ras Tanura petrochemical project complicating design, industry sources say.

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Saudi Aramco is looking ahead

Headquartered in Dhahran, Saudi Arabia, the scope of Saudi Aramco’s operations is vast, comprising almost the entire oil output of Saudi Arabia.

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GE delivering ecomagination

GE Oil and Gas has a long history in Saudi Arabia, supplying the country, and in particular the major national company Saudi Aramco, with its latest products and services.

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Saudi Arabia: Industry forecast

With oil industry officials claiming national reserves may be treble the previous estimates, it should be all hands to the pump in the coming years for the world's top oil exporter.

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Saudi Arabia invites bids for Jazan refinery

Spiralling construction costs are casting doubt on the remote refinery's viability.

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Pumping starts on major new Saudi oil field

New site is largest single addition to global oil production for several years.

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No new oil, gas finds for Shell-Aramco venture - sources

Empty Quarter exploration's 4th well failure contradicts earlier press reports.

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Contax Project Snapshot: Jubail Grassroot Export Refinery

Contax project manager, Kathleen Bury, provides an insight into the project status of the Jubail Grassroot Export Refinery project.

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Ship shape

The first installation of a floating production system (FPS) occurred over thirty years ago.

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Saudi gasoline unit to start production by October

Unit part of $10bn joint venture between Saudi Aramco and Sumitomo Chemical.

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12mn barrels per day 'is Saudi Arabia's oil limit'

Reports suggest world's biggest oil exporter is close to upper limit for production.

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Aramco and Sinopec strengthen ties

Chinese and Saudi firms sign MOU for future developments.

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ZOMCO snares Saudi support ship contract

Saudi shipbuilder to supply 10 tug and safety vessels to Industrial Services Organisation.

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Aramco ramps up China refining capacity

Saudi oil giant says new units to triple capacity at Fujian refinery will start up later this year.

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Crude awakening

As Aramco celebrates its 75th anniversary, the state oil company is under pressure to boost production.

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Aramco confirms two refinery projects

Saudi Aramco will partner ConocoPhillips and Total to build two new refineries.

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Four-year delay to Oman petchem plant

New plant to be built by Dow Chemicals to start in 2012 at earliest due to soaring costs, senior exec says.

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Aramco to pump $129bn into new projects

Saudi oil major looking to boost crude, gas, refining and chemicals capacity - official.

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Saudi celebrates 75 years of oil

Oil giant Aramco begins year-long round of events to mark anniversary of oil exploration.

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Saudi Aramco, Total to move on new refinery

State oil giant and French company agree on plans to construct development.

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Energy supply issues debated at Saudi PMV conference

The first Saudi Cranes Conference ended with Khalid Al Salih, executive vice president, Saudi Aramco, thanking the delegates for two days filled with lively and stimulating debate.

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Onwards and upwards

The features in this month's Logistics Middle East seem to offer conflicting news for the logistics and supply chain industry.

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Mideast oil majors rapped over transparency

Lack of openness about revenues leaving door open to corruption and poverty, study finds.

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Crane industry reaches tipping point

A critical report published in Saudi Arabia has said that almost half of all construction firms operating in the country failed to provide adequate training and health and safety standards to staff.

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Harnessing talent to sustain Saudi boom

Hosam Hasham, heavy lift engineer, Saudi Aramco, discusses the policies he would like to see implemented to sustain Saudi Arabia's construction boom.

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Aramco’s $90 billion five-year plan

World's largest energy company CEO calls for clarity in energy vision.

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Saudi Aramco refinery ventures on track

State oil company says US's Conocophilips and France's Total progressing well'.

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Total drops out of Saudi gas project

French firm transfers 40% stake to project partners Royal Dutch Shell and Saudi Aramco.

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Downstream boost

With crude oil export figures up, it's easy to see why the energy tanker business is a good one to be in right now.

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Ten minutes with… Ernie Gunst & Sergio Maccotta

Two months on from SAP AG's buy-back of SAP Arabia's exclusive regional licence, the company's EMEA president of customer solutions operations, Ernie Gunst, and its MENA MD Sergio Maccotta talk to Matt Wade about their recent regional successes and future growth plans.

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PetroRabigh to list next week

Saudi-Japanese joint venture will trade on kingdom's bourse on January 27, market regulator says.

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Saudi and the US join forces to crane train

An American association has teamed up with two Saudi Arabian companies in an effort to raise the standard of training offered to operators of cranes and heavy equipment in the Kingdom.

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Aramco on course to hit 2009 output target

State oil giant on track to meet 12mn bpd despite Khursaniyah oilfield delay.

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Safety comes first

Fire is one of the biggest risks in the oil industry and the need for safe practices is increasingly coming into focus.

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PetroRabigh to raise $1.23bn from IPO

Saudi-Japanese petrochemical venture to sell 25% stake in initial public offering next month.

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Saudi women car owners skyrocket

Automobile industry executives report huge rise in number of women buying cars despite ban.

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Refinery blaze extinguished

Aramco says supplies to customers remain unaffected by weekend fire at Saudi lubricant plant.

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Aramco spends $430mn to clean up emissions

Samsung Engineering to build diesel hydrotreater to make more eco-friendly fuel.

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Aramco splashes $1.49bn to revamp distribution

Oil giant signs contracts with local transportation firms to enhance KSA distribution network.

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Aramco fire death toll hits 40

State oil company confirms five employees among dead, with remainder from contracting firm.

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Fatalities as fire hits Saudi Aramco plant

Ten people killed after fire broke out in a gas pipeline in Saudi Arabia overnight.

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Fatal pipeline fire at Saudi Aramco site

A fire at a Saudi Aramco pipeline maintenance site causes death and injury.

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KSA deploys crack force to defend oil facilities

A 35,000-strong rapid reaction force is being developed in the oil-rich Kingdom.

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Giant screen tracking the Saudi oil boom

Saudi Aramco's panoramic screen for oil market is longer than an Olympic swimming pool.

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Gulf Oil on Saudi spending spree

Hinduja company acquires Saudi oil giant Petromin with Dabbagh Group, says CEO

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Aramco to expand $10bn Saudi-Japan project

Saudi Aramco and Japan's Sumitomo Chemicals in talks

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PetroRabigh set for expansion

Aramco, Sumitomo in 'serious discussions' to expand $10bn Saudi complex, adding new products lines.

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ExxonMobil pulls out of Aramco venture

US oil giant sells stake in Saudi lubricant firm to local consortium in deal expected to be worth $133mn.

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Exxon pulls out of Aramco joint venture

US oil giant sells 30% stake in oil lubricants company to Riyadh-based Jadwa Investment.

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Aramco gears up for first IPO

Saudi oil giant hires HSBC to advise on initial public offering of $10bn joint venture with Japan's Sumitomo.

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Aramco to shut Rabigh refinery

Saudi oil giant to close 400,000 bpd refinery for at least a month for routine maintenance, sources say.

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Global giants bid for Aramco plant

Three international engineering firms vie for contract to build Saudi oil firm's $8bn oil refinery in Ras Tanura.

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Saipem inks $700mn Saudi offshore deal

Saudi Aramco has signed a consortium to construct and install offshore facilities in Kingdom.

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Gulf's biggest IPO planned

Saudi Aramco's $9.8bn petrochemical joint venture to sell shares this year, source says; may float 25% stake.

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J Ray wins deal with Saudi Aramco

Package of projects for Saudi Oil Company to be built and installed by UAE-based outfit.

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Aramco's China JV gains $4bn finance

Funding makes Aramco-backed oil firm in China largest-ever project financing for joint venture in the country.

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Saudi hikes October crude prices

The top oil exporter raises official selling prices to Asia and Europe, but mostly lowers prices to the US.

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Membrane movements

Technological advances make their mark on the region's water treatment industry.

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Aramco China refinery on track

Sinopec says plans with Aramco for refinery in east China are going ahead; talking of building oil reserves.

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J. Ray bags Aramco LTA project

Saudi Aramco hands J. Ray McDermott a seven-year engineering and construction deal for its LTA project.

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Aramco deal in doubt

Sinopec delay to $1.2bn China refinery adds uncertainties to oil supply deal with Saudi Arabia.

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Aramco appoints non-Saudi board members

The state oil firm has appointed a former Shell chairman and World Bank MD to its new board.

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Saipem wins Saudi drilling contracts

Deals part of four agreements announced by the Italian engineering services group worth $510mn.

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Aramco resumes operations after fire

The Saudi state oil company is resuming work from fire-damaged pier, two berths remain closed.

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Four dead in Aramco blaze

Saudi Aramco said four workers died and 12 were injured in Thursday's fire, crude and oil exports unaffected.

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Aramco exports unaffected by fire

Saudi oil firm says there is no disruption to any of its operations after Ras Tanura berth closure.

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Saudi stars

Anil Bhoyrul looks at the 10 biggest names in the Kingdom when it comes to power, success and wealth.

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Saudi 2010: empire in the making

If you take a quick look at the map of the Arabian Peninsula, Saudi Arabia appears to engulf the entire region.

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Aramco contains pipeline leak

The now-contained leak was part of underground pipeline that feeds crude to the Mideast's largest refinery.

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US firm wins Saudi plant contract

KBR is set to build the kingdom's Ras Tanura petrochemical plant, a $20bn joint Aramco-Dow project.

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Aramco, Dow to award contracts

Saudi Arabia's national oil company and Dow Chemicals are set to award contracts for a joint $20bn plant.

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Saudi steps up security around oil facilities

Interior Ministry says special units are being set up to protect against terrorist attacks.

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Aramco plans refinery to boost Ras Tanura

State-owned oil company, Saudi Aramco, is expected to build a new oil refinery at Ras Tanura, with a processing capacity of up to 400,000 barrels per day (bpd) of Arabian heavy crude.

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New Saudi refinery to meet domestic demand

Aramco's new 400,000 barrel per day refinery at Ras Tanura will supply the domestic fuel market, an spokesman has said.

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Saudi Aramco: Gonu won't hit facilities

The oil production giant says its offshore work won't be affected by the cyclone.

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Exports disrupted as cyclone heads north

Oil and gas exports are disrupted, but storm weakens as Gonu heads north towards Iran.

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Saudi Electricity says has Aramco support

Utility says it is getting the support it needs to avoid summer power outages.

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Saudi Electricity seeks Aramco help

Utility needs Aramco to invest in more gas exploration and fuel pipelines to avoid power cuts this summer.

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Exploding chemicals

What a fortnight for Saudi Arabia's chemicals industry: $31.6 billion invested by SABIC and Aramco.

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Aramco confirms 'mammoth' Dow deal

Saudi Aramco and Dow enter final negotiations for Ras Tanura plant.

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Aramco and Dow to build $20bn plant

Industry sources say deal will be largest single foreign investment in Kingdom's energy sector.

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BICSI event comes to town

The top brass from BICSI landed in Dubai last month for the annual Middle East networking event. NME was there to observe and take part in the talk on all the market trends.

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Energy security: a shared burden

Co-operation is the key to a safe and reliable energy supply, according to Ibrahim Mishari and Fereidun Fesharaki.

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Which way is ‘Big Oil’ headed?

What are the prospects for the world’s largest oil companies and will they continue to register soaring profits?

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Technical training draws oil majors to event in Dubai

A four-day technical training event in Dubai has drawn together some of the biggest players in the oil and gas sector.

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Aramco to participate in China's refining project

Saudi giant signs up to China's first integrated energy joint venture.

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Energy security is a shared responsibility

Saudi Aramco representative says co-operation between all parties is the only way to secure long term energy stability.

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SABIC seeks deals with Saudi Aramco

Saudi Basic Industries Corp. aims to develop chemical projects with state-owned Saudi Aramco.

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KS Energy to build ME oil rig

Singapore firm's deal to build its first ME offshore rig is worth $148m.

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Saudi Arabia refining Chinese relations

The kingdom has signed joint venture deals with China to expand the Asian nation's energy needs.

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Saudi Aramco breaks into Chinese market

Joint ventures worth $5 billion signed by Aramco, ExxonMobil and Chinese state oil company Sinopec.

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Another step along the Silk Road

Saudi Aramco's joint venture announcement proves the point about the growth of ties with China.

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The power is on

The Middle East is now world leader in the development and implementation of IT systems for use in the oil and gas sector. ACN looks at some of the most ambitious projects in the world built on and around innovative technology.

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Another dimension to reservoir production

4D seismic technology can offer a clear view of reservoir contents, saving some of the time and money exploration absorbs and boosting recovery levels from existing sites

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Far East advance into local piping industry

Middle East offers opportunity for pipe manufacturers, but they need to be market-specific to cash in.

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Oil dominant but gas is growing too in KSA

Major investment programme aims to keep Saudi Arabia as the world’s leading petroleum producer.

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Saudi separation

Saudi Aramco has started work on its new gas-oil separation plant for the Shaybah field.

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Technical training draws major oil companies to Dubai

Data services company provides hands-on learning experience for oil majors.

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S.Korea could build $12bn KSA refinery

South Korea is seeking to secure stake in a $12bn Saudi Aramco refinery project.

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Dredging contract for Manifa field signals a start on extensive works at the facility

Saudi Aramco has announced a contract with Belgian dredging contractor Jan De Nul, to help develop the Manifa offshore oil field.

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Saudi Aramco and WellDynamics develop new well technologies

Better drainage and more reservoir contact are benefits of new technology aimed at improving well performance.

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Gas consumption fuelled by demand

Increased domestic consumption, new gas-fired power generation and growth in the petrochemicals sector means demand for gas in the Middle East is expected to increase in the next two decades.

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World’s national oil companies to meet in UAE

National oil companies, which manage around 80% of the world’s oil supplies, will meet in Dubai.

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Aramco signs Manifa dredging contract

Saudi Aramco has announced a contract with a Belgium contractor to help develop the offshore oil field.

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Saudi Aramco cuts price of light crude for Asian export

Rising diesel and kerosene stockpiles have caused Saudi Aramco to cut the price of its light crude oil varieties for export to Asia in February.

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New ‘Saudiisation’ legislation brings mixed blessings

When the Kingdom’s Ministry of Labour unveiled new ‘Saudiisation’ legislation, some contractors pointed out the importance of immigrant labour in building Saudi’s numerous mega-projects.

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Energy security, co-operation: Aramco’s message to Japan speech

Saudi Aramco is continuing to spread its message about co-operation and energy security to client states in Asia.

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Aramco and Earth Decision launch GeoMorph

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Al-Khayyal: Dependence on Middle East oil unavoidable

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Aramco tightens network security

In the second look at Aramco’s IT security systems, Diana Milne reports on the Saudi oil giant’s efforts to increase its network security.

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Billions for future Gulf oil investments

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Oil giant to undergo IT security upgrade

Saudi Aramco is tightening up its security systems and rolling out Novell’s Sentinel security solution across more of its internal systems.

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One of largest Sentinel deployments worldwide

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Aramco tightens network security

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Saudi Aramco still targeting 12 mbpd

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Saudi Aramco gets smart with new security card and access solution

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Rising print costs - who cares?

Print typically accounts for around 3% of a company's annual revenues. So what? That has been the traditional CIO response to print overheads. Colin Edwards discovers that little is changing despite IT's bigger involvement in managing huge printer fleets.

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Giant’s quest for power

National oil giant Saudi Aramco, which controls a quarter of the world’s oil reserves, has invested heavily in IT products and services to ensure that the oil keeps flowing.

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Controlling energy

The big players in the oil and gas sector are eager to invest in and utilise the latest developments in IT in order to maximise growth from an important, if volatile, industry.

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Aramco marks security cards

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READER COMMENTS

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