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.

• Downstream,
• Technology,
• Ventures

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.

• Downstream,
• Downstream Technology,
• Nonmetallics,
• Technology,
• Ventures

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.

• Downstream,
• Financial Performance,
• Performance,
• Profitable Growth,
• SASREF,
• Ventures

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.

• Downstream,
• Financial Performance,
• Investment,
• Performance,
• Profitable Growth,
• SASREF,
• Ventures

JUBAIL, February 28, 2019

New facility expected to be operational by the end of 2020, will initially create approximately 100 jobs.

• Chemicals,
• Downstream,
• Ethylene,
• Propylene,
• SADARA,
• Ventures

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.

• ARLANXEO,
• Chemicals,
• Downstream,
• Financial Performance,
• Investment,
• Performance,
• Profitable Growth,
• Ventures

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.

• Chemicals Technology,
• Crude to Chemicals,
• Downstream,
• Downstream Technology,
• Technology,
• Venture Partners,
• Ventures

DHAHRAN, October 08, 2018

By Amin H. Nasser, Saudi Aramco President & CEO

• Downstream,
• SATORP,
• Ventures

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.

• Downstream,
• SATORP,
• Ventures

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.

• Downstream,
• Refining,
• Venture Partners,
• Ventures,
• Wholly Owned Refineries

AMSTERDAM, The Netherlands, August 08, 2018

Purchase of synthetic rubber and elastomer company would further diversify Aramco’s downstream portfolio, strengthen capabilities along petroleum and chemicals value chains.

• ARLANXEO,
• Downstream,
• Ventures

DHAHRAN, August 28, 2017

The Dow Chemical Company and Saudi Aramco today announced a non-binding Memorandum of Understanding that sets forth a process for Dow to potentially increase equity ownership in Sadara to 50 percent.

• Downstream,
• SADARA,
• Ventures

JUBAIL, August 16, 2017

Sadara Chemical Company (Sadara), a joint venture between Saudi Aramco and The Dow Chemical Company, on Monday celebrated the commissioning of the last of its 26 plants.

• Downstream,
• SADARA,
• Ventures

JUBAIL, February 24, 2016

Significant progress made at the Sadara facility, which is now 98% complete.

• Downstream,
• SADARA,
• Ventures

Sadara is not just another project; it is the cornerstone of our downstream strategy to become a leading global integrated energy and chemicals enterprise, continuously increasing the value we deliver from the Kingdom’s hydrocarbon resources.