Yousef Bin Abdullah Al Shelash, Chairman of Dar Al Arkan Real Estate Development Company of Saudi Arabia, today rang the market opening bell at Nasdaq Dubai to celebrate the listing of a 600 million US dollar Sukuk. The listing supports the accelerating development activities of Dar Al Arkan, one of the Middle East’s leading real
Saudi Aramco is participating in the 2019 Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) held November 11-14 and encouraging industry representatives to press ahead with implementing Fourth Industrial Revolution (4.0) technologies. At the conference, of which Saudi Aramco is a partner sponsor, the Company’s Senior Vice President of Operations and Business Services Muhammad M. Al Saggaf,
Six Aramcons took home prestigious awards from the Society of Petroleum Engineers (SPE) 2019 Annual Technical Conference and Exhibition held recently in Calgary, Canada. The SPE is the largest individual organization serving managers, engineers, scientists, and other professionals worldwide in the oil and gas industry. Each year during its Annual Technical Conference and Exhibition (ATCE),
Saudi Aramco today announced its intention to establish the Jazan Power Joint Venture. The JV will be 46% owned by Air Products, 25% by ACWA Power, 20% by Saudi Aramco and 9% by Air Products Qudra. In addition, the Company signed seven MoUs at the Future Investment Initiative (FII) in Riyadh, Saudi Arabia. Ahmad A.
At a regional meeting of oil companies to discuss methods for environmental stewardship last week, Saudi Aramco shared some of its best practices in the prevention of oil spills, and methods of environmental preservation. The First RECSO Enviro Spill Conference and Exhibition was hosted by the Regional Clean Sea Organization — a 13-member oil industry
Ras Tanura Refinery Clean Fuels Project has placed its heaviest and largest piece of equipment — a naphtha splitter column weighing 544 tons. It took approximately three hours to complete the lift of this 65-meter high column after six weeks of site preparation and crane positioning. After six weeks of site preparation and crane positioning,
Internal corrosion in pipelines is one of the most significant challenges facing Saudi Aramco on a daily basis, more than 200 attendees from Saudi Aramco organizations were told recently at a forum and exhibition. Mohammad A. Al Hatlani, general manager of Pipelines, opened the Internal Corrosion Forum, noting the cost of corrosion globally is approximately
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