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Related to Ventures
DHAHRAN, December 21, 2020
Saudi Aramco Development Company, a subsidiary of Aramco, and Cognite AS (“Cognite”) have signed an agreement to establish a joint venture (“JV”) as part of their strategic digitalization partnership.
DHAHRAN, December 08, 2020
Aramco and Baker Hughes (NYSE:BKR) have announced the formation of Novel, a 50/50 Joint Venture (JV) to develop and commercialize a broad range of non-metallic products for multiple applications in the energy sector.
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, 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.
JUBAIL, February 28, 2019
New facility expected to be operational by the end of 2020, will initially create approximately 100 jobs.
AMSTERDAM, NETHERLANDS, December 31, 2018
Saudi Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced today the completion of Saudi Aramco’s acquisition of LANXESS‘s interest in ARLANXEO Holding B.V.
DHAHRAN, November 01, 2018
The announcement by Saudi Aramco and SABIC, the two largest industrial entities in the Kingdom, reflects the high importance both companies place on making the Kingdom a key hub for global chemicals production.
DHAHRAN, October 08, 2018
By Amin H. Nasser, Saudi Aramco President & CEO
Saudi Aramco and Total launch engineering studies to build giant petrochemical complex in Jubail
NEWS
DHAHRAN, October 08, 2018
Complex to be integrated with SATORP refinery, adding a new slate of products in the Kingdom, boosting revenue, and further diversifying its economic and industrial activities.
DHAHRAN, August 12, 2018
Saudi Aramco, Air Products, and ACWA Power today announced the signing of a Term Sheet to form a Gasification/Power joint venture located at Jazan Economic City in Saudi Arabia.