UK-based Element Materials Technology (Element), a provider in testing, inspection and certification services, has been selected as an approved supplier for Saudi Aramco, petroleum and natural gas company
Petrochemicals
Saudi Aramco to acquire stake in South Korean Hyundai Oilbank
Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), is set to purchase a 17 per cent stake in South Korea’s Hyundai Oilbank, a subsidiary of Hyundai Heavy Industries Holdings
Iran, Iraq agree for development of joint oilfields
Bijan Zangeneh, Iranian minister of petroleum, has announced that Iran and Iraq have reached an agreement for joint development of the Naft Shahr and Khorramshahr joint oil fields
Aramco Trading signs supply deal with Poland’s refiner
Aramco Trading, Saudi Aramco’s trading subsidiary, has signed an agreement to supply Arabian crude oil to Poland’s leading refiner, PKN Orlen, in exchange for a similar volume of high sulfur fuel oil from the Polish refiner
Subsea 7 awarded contracts offshore Saudi Arabia
Saudi Aramco has awarded two contracts to Subsea 7 for conventional projects in shallow water offshore Saudi Arabia
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