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OIL AND GAS

UPDATE 1-Saudi Arabia to supply full Jan crude volumes to an Asian refiner -source
December 11, 2017

Saudi Arabia, the world’s top oil exporter, will supply full contractual volumes of crude to a North Asian refiner in January, unchanged from the previous month, a source with direct knowledge of the matter said on Monday.

The country supplied full contractual volumes of crude to at least three North Asian refiners for December loading. But it trimmed supplies to at least three Japanese"...

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Schneider Electric inks key Saudi supply deal
December 10, 2017

Schneider Electric, a global player in energy management and automation sector, said it has signed an MoU with Saudi Electricity Company (SEC) to provide a wide range of products and solutions especially designed for the utility market.

As per the agreement, Schneider Electric will deliver its quality range"...

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Russia looks to sell Arctic gas to Saudi Arabia
December 10, 2017

Moscow is looking to nab Saudi Arabia as a potential buyer for its Arctic gas, as Russia tells Riyadh it can save money by purchasing the newly exploited natural resource.

Russia started its first shipments of liquid natural gas (LNG) from a $27 billion project in its Arctic region this week, which Moscow hopes will circumvent US-EU"...

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CB&I wins EPC contract for Saudi Aramco Shell Refinery in Saudi Arabia
December 9, 2017

CB&I has been awarded a engineering, procurement and construction (EPC) contract for more than $95m by Saudi Aramco Shell Refinery (SASREF).

The scope of work includes the engineering, procurement and construction management for SASREF's modernization and expansion of its existing refinery in Al-Jubail"...

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Russia offers to sell gas to Saudi Arabia from Yamal LNG
December 9, 2017

President Vladimir Putin said on Friday that Russia was ready to sell gas to Saudi Arabia after he launched the first loading of liquefied natural gas (LNG) at the Novatek-led Yamal LNG project in the Arctic.

Russia is the world’s biggest gas producer, but most of its exports are via pipeline rather than LNG, a super-cooled fuel that can be transported by ship. It is the world’s"...

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U.S. Energy Secretary Discusses LNG Exports To Saudi Arabia
December 7, 2017

U.S. Secretary of Energy Rick Perry has discussed possible U.S. exports of liquefied natural gas (LNG) with Saudi Arabia in his meetings with top Saudi officials earlier this week, Secretary Perry said at an energy conference in Abu Dhabi, the UAE, on Wednesday.

Secretary"...

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Iraq, Saudi Arabia sign 18 energy memorandums in Basra
December 6, 2017

Iraq and Saudi Arabia have signed 18 memorandums of understanding in the energy field during the kingdom’s participation in an energy exhibition in Iraq.

The signing of the 18 memorandums of understanding came after Saudi Energy Minister Khaled al-Faleh inaugurated the seventh edition of the Basra oil and gas exhibition, according to the Saudi Press Agency.

It"...

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Sonlife Broadcasting Network Continues to Rely on SES Video for Pan-European Distribution
December 6, 2017

(AETOS Wire)-- The Christian multi-media network Sonlife Broadcasting Network has renewed its capacity agreement with SES to continue broadcasting the SBN TV channel across Europe.

Under the multi-year agreement, Sonlife Broadcasting Network will utilize capacity on ASTRA 1L, leveraging the wide reach of the key orbital slot 19.2 degrees East. With"...

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Perry signs carbon capture agreement with Saudi Arabia
December 5, 2017

Energy Secretary Rick Perry has signed a deal with the Saudi Arabian government to allow its ministry of energy to collaborate with the U.S. Department of Energy on technologies designed to reduce the carbon dioxide output of fossil fuels.

The Department of Energy said Monday the memorandum of understanding between the two countries would extend to carbon capture, chemical looping and oxy-combustion,"...

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Saudi Arabia, Putin’s Russia lead OPEC oil output cut extension deal through end of 2018
December 2, 2017

In an effort to boost oil prices, the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members, including Russia, reached an agreement on November 30 to extend output cuts through the end of 2018.

The world’s largest oil producer, OPEC kingpin Saudi Arabia had insisted to extend the oil production cuts.

At"...

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