Middle East / Africa

Saudi Arabia flag
Summary | Profile

Country profile: Saudi Arabia

Location: Middle East, bordering the Persian Gulf and the Red Sea, north of Yemen
Climate: harsh, dry desert with great temperature extremes
Terrain: mostly uninhabited, sandy desert
Size: 2149690 sq. km total (Land area: 2149690 sq. km  Water area: sq.km)
Population: 28,146,656
Languages: Arabic
Government: monarchy
Capital city: Riyadh
Legal system: Arabic
Currency: Saudi riyal (SAR)
Licensing:

Country profile

Energy production and consumption


Oil Gas
Production: 11 million NaN 
Consumption: NaN  NaN 
Exports: NaN  NaN 
Imports: NaN  NaN 
Reserves: NaN  NaN 
Major fields:



Saudi Arabia - recent news

22 Jul 24
Saudi Arabia: Aramco to acquire 50% stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company
Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra. The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen and nitrogen.
15 Jul 24
Saudi Arabia: Saipem awarded two offshore projects in Saudi Arabia worth approx. 500 million USD
Saipem has been awarded two offshore projects in Saudi Arabia, under the existing Long-Term Agreement (LTA) with Saudi Aramco. The overall amount of the two projects is approx. 500 million USD.
01 Jul 24
Saudi Arabia: Aramco’s strategic gas expansion progresses with $25bn contract awards
Aramco, one of the world’s leading integrated energy and chemicals companies, has awarded contracts worth more than $25 billion to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030, compared to 2021 levels.
01 Jul 24
Saudi Arabia: Lamprell delivers second rig for Saudi Arabian market
Lamprell has announced the completion of construction and delivery of the second new build jackup rig to its client, International Maritime Industries (IMI). Following the delivery of KINGDOM 1 in 2023 and a naming ceremony held at Lamprell’s Hamriyah facility in the UAE in May 2024, the rig, KINGDOM 2, has now been formally handed over to its client.
10 Jun 24
Saudi Arabia: Wood completes the Preliminary Engineering for the world’s largest carbon capture and sequestration hub in Saudi Arabia
Wood has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub, upon completion.

Saudi Arabia - more news

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