Saudi Aramco today signed a Joint Development Agreement (JDA) with its potential partners - the National Shipping Company of Saudi Arabia (Bahri), Lamprell, and Hyundai Heavy Industries for developing a Maritime Yard that will provide engineering, manufacturing and repair services for offshore rigs, commercial vessels and offshore support vessels in the Kingdom of Saudi Arabia.
Saudi Aramco and PKN Orlen, the Polish crude oil refining company, today held a signing ceremony of a contract agreement for Saudi Aramco to supply PKN Orlen with 50,000 barrels per day (bpd) of crude oil starting May 1, 2016 with provisions for automatic annual renewal.
The year 2015 was a particularly challenging one for our industry. Strategic decisions taken the past few years, including a corporate transformation founded on capital efficiency, innovation, operational excellence, and downstream integration, have placed the company in a position of strength to face these challenges.
A hulking gas turbine - an example of high precision engineering - stands at Siemen’s Dammam Energy Hub complete and ready for delivery to Saudi Aramco’s vast economic city mega-project in Jazan.
People around the world depend on the products we produce to help them achieve their aspirations. That’s what drives us: the knowledge that our products are the foundational materials upon which people and societies across the globe depend for economic growth and prosperity.
Saudi Aramco released its latest Annual Review, titled Energy is Opportunity, highlighting the company’s key results and accomplishments in 2015 which have helped to both strengthen its integrated strategy and expansion downstream, and consolidate its position as the world’s most reliable supplier of energy.
The inaugural board meeting of the National Power Academy (NPA) was held last Thursday (May 19) in Dhahran during which the Charter was officially signed by the eight Founding Stakeholders. In addition Ahmed S. Al-Essa was appointed as NPA’s first Executive Director of the Academy.
PT Pertamina (Persero) and Saudi Aramco have awarded the Engineering and Project Management Services Contract to conduct the Basic Engineering Design (BED) study for their joint Cilacap Refinery upgrade project to Amec Foster Wheeler Energy Limited.
From changing how planes take off to the replanting of Acacia trees in milder areas of the desert, five departments from across Saudi Aramco that went the extra mile to put the environment first in their daily operations were honoured recently at a ceremony in Dhahran.
Saudi Aramco and SABIC note recent speculative news reports about the possibility of merging their petrochemicals businesses. The companies wish to clarify that they have no plans to pursue this option.
Ali Al-Yousef, Reservoir Engineering chief technologist with the EXPEC Advanced Research Center (EXPEC ARC), was in the spotlight at the recent Society of Petroleum Engineers (SPE) Improved Oil Recovery (IOR) international conference where he was recognized with the IOR Pioneer Award.
The petrochemical sector and Saudi Aramco’s continued growth of its downstream business have the potential to play a pivotal role in the Kingdom’s 2030 Vision for a diversified and sustainable economic future, according to Saudi Aramco’s vice president of Chemicals.
A scarcity of energy resources, growing energy market volatility, growing concern over the security of future energy supply, and — last but not least — growing concerns over climate change and its negative impacts make the need for energy saving and energy efficiency significant.
Al-Ayyam Al-Jamilah is a twice-yearly magazine distributed to retired employees and adult children of the Saudi Aramco Enterprise.
Aramco World, Saudi Aramco's flagship publication, is widely recognized as a leading source of nonpolitical coverage of the history, geography, arts and cultures of Saudi Arabia, the Middle East and the wider Islamic world., with an emphasis on the interweavings of the plural cultures of East and West, past and present.
In a sign that Saudi Arabia’s growing culture of innovation is taking hold, the Halliburton R&D Center recently held an entrepreneurship workshop at its facilities in the Dhahran Techno Valley.
The Custodian of the Two Holy Mosques King Salman ibn ‘Abd Al-‘Aziz Al Sa’ud delivered a number of Royal Orders on Saturday, May 7, 2016, to support and facilitate the implementation of the ambitious Saudi Vision 2030, an initiative introduced to rapidly transform the Kingdom and diversify its economy.
Harvard Business School (HBS) — known for its top tier MBA program — recently brought Saudi Aramco into the classroom, where students engaged in an educational exercise to review and analyze the company’s venture capital initiative.
The world is in the midst of the forth industrial revolution, and it is important that the young employees of today make a positive change to their environs rather than simply trying to adapt to them.
More than 4,000 geoscientists and professionals from 47 countries recently participated in the 12th Middle East Geosciences Conference and Exhibition (GEO 2016), under the theme “Today’s Geoscience, Tomorrow’s Energy.”