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Country summary: Saudi Arabia

energy-pedia opportunities - Saudi Arabia:
Current deals: 0
Licensing articles: 9
Completed deals: 0

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Saudi Arabia - recent news

23 Apr 24
Saudi Arabia: Baker Hughes awarded significant gas technology scope for Phase 3 of Saudi Arabia’s Master Gas System
Baker Hughes has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project. Baker Hughes will supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines for Aramco’s project.
05 Apr 24
Borr Drilling announces contracting update
Borr Drilling has received a notice of temporary suspension of operations for its rig 'Arabia I', operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months, and is expected to commence in the second quarter. The Company intends to seek alternative engagement for the rig while on suspension.
02 Apr 24
Saudi Arabia: Aramco awards $7.7 billion contracts to add 1.5 bscfd of raw gas to Fadhili Gas Plant
Aramco, one of the world’s leading integrated energy and chemicals companies, has awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd).
11 Mar 24
Saudi Arabia: Aramco announces full-year 2023 results
The Saudi Arabian Oil Company ('Aramco') has announced its full-year 2023 financial results, reporting a net income of $121.3 billion, its second-highest ever net income.
06 Mar 24
Saudi Arabia: Inmarsat Maritime partners with Aramco to trial world-first over water 5G mesh network
Inmarsat Maritime, a Viasat company, has signed a Memorandum of Understanding (MoU) with Aramco, a global integrated energy and chemicals company, to undertake a 5G 'mesh' network trial that aims to provide high-bandwidth connectivity for Aramco’s offshore work in the Arabian Gulf.

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