Showing 18 results
Related to Profitable Growth
DHAHRAN, January 18, 2022
The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced the signing of one agreement and nine Memoranda of Understanding (MoUs) with leading Korean entities.
May 14, 2020
Under the MoU, JXTG plans to invest in a 23,000 tons per year state-of-the-art ENB plant, that will use feedstock from the Amiral complex in Jubail, located on Saudi Arabia’s eastern coast. JXTG has launched the feasibility study of the ENB plant in April 2020.
SHANGHAI, CHINA, November 07, 2019
The crude oil sales agreements signed at the 2019 CIIE further solidify the Company’s position as China’s top crude supplier and reflect the Company’s marketing efforts on strategic relations and market expansion
RIYADH, October 29, 2019
Proposed joint venture with Air Products and ACWA Power will own and operate the Jazan Integrated Gasification Combined Cycle and Power Plant and Jazan Air Separation Unit, valued at approximately USD $11.5 billion.
Riyadh, October 14, 2019
Saudi Aramco signs confirmation agreement to enter into a Share Purchase Agreement to acquire a 30.76% share in Novomet
DHAHRAN, Saudi Arabia and THE HAGUE, The Netherlands, September 18, 2019
Acquisition of Shell 50% interest of the SASREF joint venture in Jubail for $631 million.
DHAHRAN, August 12, 2019
Saudi Aramco today announced for the first time its half-year financial results. The Company’s net income was $46.9 billion for the first half 2019
DHAHRAN, April 21, 2019
The acquisition supports Saudi Aramco’s plan to increase the complexity and capacity of its refineries, as part of its long-term Downstream growth strategy.
DHAHRAN/ SEOUL, SOUTH KOREA, April 15, 2019
The investment supports Saudi Aramco’s broader downstream growth strategy, as well as providing long term crude oil options and offtakes as part of our trading business.