Iran, Iraq agree for development of joint oilfields

127424524242542424Bijan 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

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Aramco Trading signs supply deal with Poland’s refiner

Aramco PKN Orlen Signing Ceremony April 11 2019Aramco 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

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Subsea 7 awarded contracts offshore Saudi Arabia

subsea 7Saudi Aramco has awarded two contracts to Subsea 7 for conventional projects in shallow water offshore Saudi Arabia

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ADNOC signs long-term agreement with China for base oil sales

25293144074 049edb8f4a zThe Abu Dhabi National Oil Company (ADNOC) announced that it has concluded a long-term sales agreement with Xiamen Sinolook Oil Co., of China, for its high-quality base oil, ADbase

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SABIC deal supports Aramco’s global expansion plans: Wood Mackenzie

2556524979 3e5648d202 zThe US$69.1bn contract between Saudi Aramco and Saudi Basic Industries Corporation (SABIC) is expected to help the Saudi oil giant to expand aggressively in the downstream sector and boost its profits

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