Saudi Aramco Review 2017

For Saudi Aramco, the most notable feature of Saudi Arabia’s transformation will be the future offering of part of the company’s shares in the local and international stock markets, which will drive further diversification and growth of the economy...






Aramco remains focused on maximising long-term value creation from the kingdom’s hydrocarbon resources while making tactical adjustments to meet the challenges of the market downturn, aiming to lower costs and improve performance...






Saudi Aramco’s partnerships in refining and marketing ventures in China, Japan, South Korea and the US enable it to traverse the length of the value chainContinuing its journey to become the world’s leading integrated energy and chemicals company, in 2016 Aramco created additional value from its...






In 2016, Aramco achieved the industry’s first trillion-cell simulation and hydrocarbon migration algorithm, run on the latest evolution of its POWERS (parallel oil and water enhanced reservoir simulator) technology...






For the first time, 80 GHz process radar is available, which pursues safety-to-design concept, thus making the life of customers much easier in terms of safety...






Saudi-based Alkhorayef Petroleum has so far installed over 5,500 pumps across the Middle East, Africa and Latin America, lifting oil, gas and water to the surface...






Since the inception of the company, AYTB’s Operation and Maintenance division has been registering steady growth offering value added services to its clients...






Aramco and Adnoc, two of the largest NOCs, have named new CEOs over the last 24 months...






The company develops and manufactures leading edge solutions that enable high-precision 3D capture, measurement and analysis across a variety of industries...






SNSI plans to expand production and diversify into the transportation sector next year, says its managing director FRANK O’GARA in an exclusive interview with OGN...






Shawcor makes composite line pipe and trains and supports pipe installers for a seamless installation...






The Saudi Arabian crude export market to the US is one under an unusually high level of observation...






The company carries a substantial inventory of electrical, industrial and instrumentation products...






Organised by SPE and UBM AEM, this year’s event will bring together industry leaders and experts...






The company lays emphasis not only on meeting international standards and customers’ specifications but also ensures that pipe delivery schedules are met...






Headquartered in the CPC Industrial Park 25 km from Jeddah, Bahra Cables comprises an industrial complex spanning an area of 500,000 sq m including state-of-the-art manufacturing, design and engineering, testing and warehousing facilities...






EMC, which is specialising in explosion-proof products and is trained to deliver periodic maintenance and inspection on explosion-proof products, has implemented a full and comprehensive HSEQ policy...






Complex projects such as petrochemical facility construction benefit from Intertek’s unparalleled technical expertise that ensures material quality and prompt deliveries...






Saudi Aramco helps its people realise their full potential, unlocking the promises of greater value and broader opportunities inherent in the kingdom’s energy resources...






At present 98 per cent of the engineering works of the project is complete, while procurement will be finished by October end.The main civil works are 80 per cent of it complete, KENJI ITO, project manager at JGC Corporation, tells K S SREEKUMAR...






The Al Kobar-based company has successfully completed several project orders in the kingdom, which made it a frontrunner in winning major Saudi Aramco projects including the Jazan Refinery, Offshore LTA and the Fadhili Gas Plant project...






The Dow Chemical Company and Saudi Aramco have announced a non-binding Memorandum of Understanding (MoU) that sets forth a process for Dow to acquire an additional 15 per cent ownership interest from Saudi Aramco in Sadara Chemical Company (Sadara), a joint venture developed by the two companies...






The company has maintained the flexibility to produce the nitrogen, which reduces operational risks and result in greater cost savings for operators...






The company has signed an OEM (original equipment manufacturer) agreement for centrifugal chillers to have the full SKM air conditioning product portfolio set up for distribution in all its markets...






The company’s new projects are focusing around the EPCI contractors, the military and dredging companies at a time when the market is tough...






The company’s application technicians and welding engineers render valuable onsite support to customers including product and technical consultation...






With this ambitious expansion plan, the Jubail-based leading pipe manufacturer is also targeting the international market as the proposed new line will impart the company more flexibility in the execution of manufacturing orders...






The company enjoys a well-earned reputation in the transportation business not only in the Kingdom of Saudi Arabia but also all over the GCC countries, besides Jordan, Syria, Iraq, Lebanon and Turkey...






PreVenTest is an ingeniously designed system for testing all types of spring operated relief valves in-situ, without disturbing the process conditions. This means that there is no dismantling of the valve, so there will be no plant shut-down...






The pathfinding project, executed in November 2016, was successful and Saudi Aramco Haradh Gas Plant officials were very happy with the end result and has recommended the use of CC HydroTM in other projects in the future...






A group subsidiary, RANCO, has invested over $10 million for expansion, which includes opening of new facilities and for expanding its work force, as well as implementing new sales strategies and methodologies...






The company is also considering venturing into new offshore services by investing in cable lay/pipe lay vessels and is looking for alternative uses for its offshore vessels in offshore towage, marine salvage and rescue and environmental protection...






For the technology leader, Saudi Arabia is its largest market in the world and its strategic partnership with the kingdom’s Vision 2030 is increasingly profound and far-reaching...






Yokogawa has put together a five-year In-Kingdom Total Value Add (IKTVA) plan to be completed by 2022. One of the company’s aims is to improve its IKTVA score as a corporate KPI (key performance indicator...






Founded in 1967, Jeddah-based HUTA Group’s association with Saudi Aramco began in 1992 when it was awarded the contract for maintenance construction works of marine berths at Jeddah Oil Refinery...






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