Saudi Aramco Shell Refinery (SASREF) has awarded a contract worth US$95mn to CB&I to provide engineering, procurement and construction management for SASREFs existing refinery in Al-Jubail city in Saudi Arabia
Exploration & Production
Oil prices rise nearly two per cent on China demand
Oil prices rose almost two per cent on Friday, as Chinese crude demand rises, according to a Reuters report
Saudi Aramco’s Jazan refinery project to be completed by mid-2018
Amin Nasser, president and CEO of Saudi Aramco, has visited the company’s Jazan refinery to receive progress updates at the Jazan Economic City (JEC) and refinery and terminal mega-projects in Saudi Arabia
Emerson completes acquisition of Paradigm
Emerson has acquired Paradigm, a global provider of software solutions to the oil and gas industry, aiming to create a comprehensive exploration and production (E&P) software portfolio offering
OPEC extends oil production cut to end of 2018
OPEC and non-OPEC oil giant Russia have agreed to extend oil production cuts until the end of 2018, after hours of discussions in Vienna on 30 November 2017