Ocean Aero, a leading developer of autonomous underwater and surface vehicles (AUSVs), has teamed up with INTRA Defense Technologies and MEMR, two prominent Saudi companies,...

RYADH, KSA: A joint project by TotalEnergies, Aramco and SABIC has achieved a breakthrough in the Middle East and North Africa by converting oil derived...

MEUDON, FRANCE: Vallourec, a world leader in premium tubular solutions for the energy industry, is pleased to announce the signature of a Memorandum of Understanding...

Saudi Arabia’s oil giant Aramco reported a record net income of $161.1 billion for 2022 (46.5% higher than previous year’s $110 billion), the largest annual...

DAHRAN, SAUDI ARABIA: Aramco has signed a letter of intent to become a potential minority stakeholder in a new powertrain technology company (PWT), to be...

JEDDAH, SAUDI ARABIA: The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical...

RIYADH, KINGDOM OF SAUDI ARABIA: International Company for Power and Water Projects (ACWA Power) announced intention to proceed with an Initial Public Offering (IPO) and...

OSLO: Cognite AS, a global industrial software company and majority-owned subsidiary of Aker ASA, has signed a joint venture (JV) agreement with Saudi Aramco Development...

DUBAI, UAE: ADES International Holding, a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has extended...

RIYADH, KSA: EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced that its investment banking team has successfully completed advisory on...

At the CERAWeek by S&P Global energy conference, Shaikh Nawaf al-Sabah, CEO of Kuwait Petroleum Corporation, forecasted an energy demand trajectory that outpaces the anticipated...

MidOcean Energy, a LNG company backed by EIG, has agreed to acquire a 20 percent stake in Peru LNG, the first and only LNG export...