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Country summary: Saudi Arabia

energy-pedia opportunities - Saudi Arabia:
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Saudi Arabia - recent news

09 Jan 19
Saudi Arabia announces upward revision to proven oil and gas reserves
The Ministry of Energy, Industry and Mineral Resources of Saudi Arabia has announced an upward revision to the Kingdom's proven oil and gas reserves, following an independent certification of oil and gas reserves in Saudi Aramco's concession area conducted by leading consultants DeGolyer and MacNaughton (D&M).
08 Jan 19
Saudi Arabia: TechnipFMC and MMHE sign a Long-Term Offshore Agreement with Saudi Aramco
TechnipFMC, in consortium with MMHE (Malaysia Marine and Heavy Engineering), has signed a Long-Term Offshore Agreement with Saudi Aramco.
05 Dec 18
Saudi Aramco: Saudi Aramco awards BHGE major well services contract for conventional fields in Saudi Arabia
Baker Hughes, a GE company (BHGE) has been awarded a major stimulation and well-testing contract by Saudi Aramco to be a partner in optimizing production from new and existing wells across conventional fields in Saudi Arabia.
28 Nov 18
Saudi Arabia: Sapura Energy selected for Saudi Aramco's LTA programme
Sapura Energy has been selected to join Saudi Aramco’s Long-Term Agreement (LTA) programme. The LTA programme covers engineering, procurement, fabrication, transportation and installation (EPCI) contracts to support Saudi Aramco’s offshore projects.
26 Nov 18
Saudi Arabia: Saudi Aramco signs deals worth USD27.5 billion with suppliers
Saudi Aramco hosted its 4th IKTVA Forum & Exhibition this week. The annual flagship event supports the In Kingdom Total Value Add (IKTVA) program, Saudi Aramco’s localization strategy to build a world-class supply chain and establish Saudi Arabia as a globally-competitive energy hub in line with Vision 2030, the Kingdom’s economic diversification program.

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