Monday, March 8, 2021
Ras Tanura Sea Island Terminal saudi aramco

World’s Largest Oil Export Port Attacked By Yemen’s Houthi Rebels

By Anthony Di Paola, Vivian Nereim, Javier Blas and Sylvia Westall (Bloomberg) –Saudi Arabia said some of the world’s most protected oil infrastructure came under missile and drone attack in...

March 8, 2021
Total Views: 5516

Saturday, March 6, 2021
Photo of Shipment of high-grade blue ammonia

Saudi Arabia’s Plan To Dominate The $700B Hydrogen Export Market

By Verity Ratcliffe (Bloomberg) –Sun-scorched expanses and steady Red Sea breezes make the northwest tip of Saudi Arabia prime real estate for what the kingdom hopes will become a global...

March 6, 2021
Total Views: 11085

Thursday, May 21, 2020
qatar lng ship
Maritime News

Bahri Puts LNG Tanker Plan on Hold, Sources Say

By Jessica Jaganathan SINGAPORE, May 21 (Reuters) – Saudi Aramco’s shipping division Bahri has put on hold plans to charter up to 12 liquefied natural gas (LNG) tankers after Sempra...

May 21, 2020
Total Views: 45

Tuesday, August 8, 2017
Maritime News

Saudi Aramco Awards First Major Contract for $5 Billion Maritime Yard in Gulf

Saudi Aramco has signed the first major contract for Saudi Arabia’s $5.2 billion maritime and shipbuilding complex planned for the Persian Gulf. The contract was awarded to a consortium of...

August 8, 2017
Total Views: 76

Wednesday, May 31, 2017

Saudi Aramco Signs Deals to Build Persian Gulf’s Biggest Shipyard

By Reem Shamseddine KHOBAR, Saudi Arabia, May 31 (Reuters) – Saudi Aramco plans to build the Gulf’s largest shipyard through a joint venture with three companies that it announced on...

May 31, 2017
Total Views: 12

Thursday, October 8, 2015
Maritime News

Saudi Shipping Firm Bahri Sees Huge Profit Jump

  DUBAI, Oct 8 (Reuters) – National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant hike in third-quarter net profit on Thursday. The...

October 8, 2015
Total Views: 1

Monday, May 11, 2015
satorp refinery

Saudi Aramco Said to Plan Up to $80 Billion in Spending Abroad

Saudi Arabian Oil Co., the world’s largest oil exporter, is planning to spend between $70 billion and $80 billion on overseas acquisitions and investments during the next five years, three people with knowledge of the matter said.

May 11, 2015
Total Views: 1

Friday, May 8, 2015
Maritime News

Saudis Splurging in Asia to Win Loyal Oil Customers for Decades

Saudi Arabia is spending generously now on Asian refiners to lock in its position as the region’s biggest supplier of oil for decades to come.

May 8, 2015
Total Views: 7

Tuesday, March 17, 2015
refinery oil gas

Saudi Arabia Needs More Oil to Feed Local Refinery Expansion

Saudi Arabia’s plans to expand local refineries while maintaining its share of the global crude market point to one thing: higher production.

March 17, 2015
Total Views: 4

Wednesday, February 18, 2015
saudi aramco

World’s Largest Oil Exporter Said to Seek $10 Billion Loan

Saudi Arabian Oil Co., the world’s largest oil exporter, is expanding into refining and petrochemicals and seeking to boost ties with Asia.

February 18, 2015
Total Views: 1

Sunday, December 21, 2014
Khurais Megaproject

Saudi Arabia Confident in Oil Rebounding on Global Growth

Saudi Arabia, the world’s largest oil exporter, is confident that crude prices will rebound with global economic growth boosting demand.

December 21, 2014
Total Views: 4

Friday, November 28, 2014
ras tanura crude oil terminal saudi aramco

Oil Steadies After OPEC Triggers Biggest Slump in Three Years

Brent crude steadied after OPEC triggered the biggest one-day plunge in three years yesterday by failing to cut its output in response to a glut. Oil in New York headed for its biggest weekly drop since 2011.

November 28, 2014
Total Views: 0

Tuesday, November 4, 2014
vlcc tanker crude oil shipping
Maritime News

Saudis Cut Crude Prices to U.S. in December Amid Shale Boom

Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the lowest in more two years.

November 4, 2014
Total Views: 1

Thursday, July 17, 2014
Ras Tanura Sea Island Terminal saudi aramco

Saudi Crude Exports in May Fell to Lowest Since 2011

Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refineries processed record amounts and power plants also increased consumption, official data showed.

July 17, 2014
Total Views: 6

Tuesday, January 14, 2014
pacific sky tanker product
Maritime News

First Jubail Diesel Cargo Adds To Pain For Europe’s Refiners

Diesel from the new Jubail refinery in Saudi Arabia will head to Europe for the first time this month, piling pressure on refineries already battered by huge imports and poor margins.

January 14, 2014
Total Views: 3

Tuesday, August 20, 2013

Bahri Signs MoU With Aramco, Sembcorp Marine For New Saudi Shipyard

DUBAI, Aug 20 (Reuters) – The National Shipping Company of Saudi Arabia (Bahri) has signed a memorandum of understanding with Saudi Aramco and Singapore’s Sembcorp Marine to conduct a feasibility...

August 20, 2013
Total Views: 3

Thursday, July 18, 2013
jack up rig legs

Keppel FELS Delivers AOD III Jack-Up to Saudi Aramco

Asia Offshore Drilling Limited (AOD) has taken delivery of its third new‐build jack‐up rig, ʹAOD IIIʹ, from Singapore‐based rig builder, Keppel FELS. Bangkok-based Mermaid Offshore founded AOD in 2010 and...

July 18, 2013
Total Views: 1

Monday, May 27, 2013
saudi aramco

Saudi Aramco Hits Record Production Levels

(Bloomberg) — Saudi Arabian Oil Co. production rose to a record 9.51 million barrels a day of oil last year, the company said in its annual review. Reserves stood at...

May 27, 2013
Total Views: 1

Monday, March 18, 2013

Saudi Oil Shipper Bahri Eyes Islamic Bond Issue To Fund Acquisition of Vela

DUBAI, March 17 (Reuters) – National Shipping Co of Saudi Arabia (Bahri) is considering a debut Islamic bond issue to help refinance debt taken on for its $1.3 billion acquisition...

March 18, 2013
Total Views: 3

Tuesday, January 29, 2013
BW Luck vlcc

BW Group Left Holding the Bag as Saudi Aramco Gets Ridiculous VLCC Charter Deal

(Bloomberg) — Saudi Arabian Oil Co., the world’s biggest state-owned crude producer, booked a tanker to haul a cargo to the U.S. Gulf Coast next month at what may be...

January 29, 2013
Total Views: 4