Saudi Aramco announces 2020 base divided of $75 bln

Saudi Aramco plans to pay a base dividend of US$75 billion in 2020, it said in a corporate overview as it prepares for an IPO...

OCI N.V. and ADNOC close deal to set up new fertiliser JV

OCI N.V. and ADNOC complete transaction to combine ADNOC’s fertiliser business into OCI’s MENA nitrogen fertiliser platform,...

Sonatrach and Chevron discuss Algeria partnerships

Sonatrach and Chevron officials are in discussions for possible partnerships in Algeria, the state oil company said...

Weatherford wins 3-yr ADNOC Offshore drilling contract

Weatherford International signed a US$220 million, 3-year contract with the ADNOC Offshore for directional drilling services...

James Fisher Offshore looks to expand Middle East footprint

James Fisher Offshore, an offshore engineering solutions company, said it is expanding its regional footprint by establishing...

ADNOC Drilling completes first offshore drilling well

ADNOC Drilling, a subsidiary of ADNOC, said it completed its first offshore integrated drilling services well in Abu Dhabi’s Umm...

Iran lifts detention on British oil tanker after Europe blame

An Iranian official said British oil tanker Stena Impero is free to leave, after some European leaders blamed Tehran for recent...

Saudi Aramco acquires Shell’s share in SASREF refining JV

Saudi Aramco completed the acquisition of Shell’s 50 per cent interest in their refining joint venture in Saudi Arabia’s Jubail...

Saudi Aramco says to restore production by Sept end

Aramco’s production capacity, suspended earlier due to terror attacks on its plants at Abqaiq and Khurais, would be fully restored...

Weatherford and Saudi Aramco sign 5-yr procurement deal

Weatherford International announced the signing of a five-year corporate procurement agreement with Saudi Aramco to deliver...