Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2018-03-30 11:15:00

U.S. - ARAMCO COOPERATION: $10 BLN

U.S. - ARAMCO COOPERATION: $10 BLN

SAUDI ARAMCO - Saudi Aramco announces commercial cooperation worth over $10 billion with 14 American companies during Saudi-US CEOs forum in New York.

Saudi Aramco today participated in the Saudi-U.S. CEO Forum held in New York to promote bilateral business and cooperation between the two countries. The Forum was scheduled to coincide with the official visit to the United States by HRH Crown Prince Mohammed bin Salman.

During the Forum a number of cooperation arrangements and prospective commercial collaborations were discussed.

Speaking today at the Forum, Saudi Aramco President & CEO Amin H. Nasser said:

"We have enjoyed a long and successful relationship with our US partners since the discovery of oil in Saudi Arabia more than 80 years ago, and it is a pleasure to be here today among so many friends whom are all looking to explore and develop opportunities for commercial, industrial and economic cooperation between the Kingdom and the United States, which we hope will achieve exceptional success during the next 80 years to serve future generations."

He added: "The growth of Saudi Aramco's operations and the strategic roll out of Saudi Vision 2030 will provide multiple opportunities for strengthening our collaboration and partnerships, not only in the oil and gas, refining and chemicals sector but also includes digital technologies and cooperation in the field of environmental conservation, climate change and the development of innovation through the establishment of relations with a group of leading American institutions in the academic, research and cultural, which are among the best in the world. We are also looking at cooperation in infrastructure, manufacturing and services industries; all of which the United States is distinguished for, and critical to managing and operating as well as growing an enterprise of Saudi Aramco's scale."

Nasser also stressed that the commercial cooperation discussed today reflected the range and ambition of Saudi Aramco's interests, consolidating its status as the world's preeminent energy and chemicals company, and reflecting its role not only as a major industrial company but as a pioneer of global development thinking, characterized by the application of best practices and consolidating the historical friendship with many partners.

During the Forum, Nasser participated in a panel discussion on Giga projects. He discussed the new generation, each having a system of interrelated projects, covering a broad scope of work and complexities, involving financial costs tens of billions.

"It takes an extended period of time for these mammoth undertakings to be completed, resulting in significant transformation in the areas where they are implemented, and offers enormous opportunities for action, partnerships and investment," he said.

Nasser also spoke on Saudi Aramco's experience in the management and implementation of Giga projects, starting with the Shaybah development project, which came online producing 1 million barrels per day; moving to the gigantic Sadara project; the mega Jazan Refinery project; the King Salman International Complex Maritime Industries and Services project; and the game-changing King Salman Energy Park (SPARK).

He also urged industry players to define a set of the most important elements of success that should be considered in the development of projects of this scale as among the advantages that make a distinctive and successful planning for Giga projects to be potentially implemented in Saudi Arabia.

The commercial collaborations discussed at the Forum today included:

  • Schlumberger Ltd: A corporate purchase agreement for Downhole Equipment & Services & Wellhead & Surface Control Equipment.
  • Baker Hughes, A GE Company: A corporate purchase agreement for Downhole Equipment & Services.
  • Halliburton: A corporate purchase agreement for Downhole Equipment & Services including well and rig services.
  • Saudi Aramco Nabors Drilling (SANAD): An onshore drilling agreement.
  • Weatherford: A corporate purchase agreement for Downhole Equipment and a Well Testing Services contract.
  • ARO Drilling: An offshore drilling services agreement.
  • Emerson Electric Company: A corporate purchase agreement for Process Automation Systems, Remote Terminal Units and Control Values.
  • Texas Iron Works: A corporate purchase agreement for Downhole Equipment Services.
  • Honeywell International Inc.: A contract for Main Automation Contractor (MAC) services for a new Process Control System (or upgrade of existing ones).
  • Raytheon Company: An MoU to develop cybersecurity services.
  • Google Cloud: An MoU to jointly explore potential establishment of cloud services.
  • National Geographic: An MoU to initiate a new relationship targeting multiple media future collaborations.
  • Smithsonian Institute: An MoU to conduct joint research and scientific knowledge and the environment, sharing initiatives in addition to cooperation in cultural, content and curatorial partnerships.
  • Center for Strategic & International Studies: An agreement to advance joint research projects.

-----

Earlier:

 OIL NEED $20 TLN
2018, March, 7, 14:25:00

OIL NEED $20 TLN

SAUDI ARAMCO - our industry needs more than 20 trillion dollars over the next quarter century to meet rising demand for oil and gas (including in ageing infrastructure).

 

 SAUDI ARAMCO SIGNED $4.5 BLN
2017, November, 13, 10:15:00

SAUDI ARAMCO SIGNED $4.5 BLN

Saudi Aramco signed agreements with several oil and gas service contractors for oil and gas megaprojects designed to enhance the company’s energy sustainability, diversify the economy, expand gas production, and localize domestic content. The agreements are valued at nearly $4.5 billion in total.

 

 SAUDI ARAMCO IPO
2017, October, 16, 11:50:00

SAUDI ARAMCO IPO

Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.

 

 SAUDIS - RUSSIA RELATIONSHIPS
2017, October, 4, 23:55:00

SAUDIS - RUSSIA RELATIONSHIPS

Saudi Aramco will participate in the historic Royal Visit to Russia by The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al-Saud from October 4 to 7, 2017.

 

 SAUDI ARAMCO INVESTMENT: $300 BLN
2017, July, 12, 14:05:00

SAUDI ARAMCO INVESTMENT: $300 BLN

“Saudi Aramco plans to invest more than $300 billion over the coming decade to reinforce our preeminent position in oil, maintain our spare oil production capacity and pursue a large exploration and production program centered on conventional and unconventional gas resources.”

 

 SAUDIS & U.S. DEALS: $50 BLN
2017, May, 23, 15:00:00

SAUDIS & U.S. DEALS: $50 BLN

Saudi Aramco today signed agreements with major U.S. companies which will pave way for the company to enhance its business synergy with the U.S. as well as attracting investments from its U.S. counterparts to the Kingdom.

 

 OIL MARKET IS MOVING
2017, May, 6, 17:15:00

OIL MARKET IS MOVING

"The good news is that the market is moving towards rebalancing," Saudi Aramco CEO Amin Nasser said at the International Oil Summit in Paris last week. "There has also been a rapid drawdown of floating storage in the first quarter of this year. This is being driven by improving fundamentals and the OPEC deal."

 

 

 

 

Tags: USA, SAUDI, ARAMCO,

Chronicle:

U.S. - ARAMCO COOPERATION: $10 BLN
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

U.S. - ARAMCO COOPERATION: $10 BLN
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

U.S. - ARAMCO COOPERATION: $10 BLN
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

U.S. - ARAMCO COOPERATION: $10 BLN
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

All Publications »