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Aramco to Expand Presence in China by Acquiring 10% Stake in Rongsheng Petrochemical
Aramco has signed definitive agreements to acquire a 10% interest in Shenzhen-listed Rongsheng Petrochemical Co. Ltd. (“Rongsheng”) for RMB 24.6 billion ($3.6 billion at current exchange rates) in a deal that would significantly expand its downstream presence in China.
Announcing Excursions for the 8th UK Aramcons Reunion
If you have registered to attend the upcoming 8th UK Aramcons Reunion, we are looking forward to your arrival. For those who are pondering whether to join us, we would love to welcome you if even for one day!
Aramco Team Series — Florida Features a Stellar Field of Athletes in Women’s Golf Competition
Top golfers competed for the top spot on the leaderboard at the Aramco Team Series (ATS) held in West Palm Beach, Florida, as part of the Ladies European Tour. The global program strives to support the next generation of players and welcome them to the game.
Calls for World-class Manufacturers, Engineering Companies and Contractors
As part of the In-Kingdom Total Value Add (iktva) program, the team from Aramco Europe has been working hard to scout and expand the supply chain program among European manufacturers, engineering companies, and contractors.
Aramco Wins Top Accolade at Prestigious International Film Festival
Aramco has taken home one of the most prestigious accolades at an international film festival, having received the coveted “Company of the Year” Blue Dolphin award. The company’s Media Production Division (MPD) also won awards for three of its productions and received finalist certificates for three other entries at the Cannes Corporate Media & TV Awards.
Aramco High Achievers Secure Honors at Global Security Exchange Forum
Two Aramco security chiefs have been promoted and recognized for their services to ASIS International, the security industry’s premier association, at the prestigious Global Security Exchange (GSX) Forum, held recently in Dallas, Texas.
CEO on Coronavirus: People are Our Priority
The health and well-being of our people is our top priority with the onset of COVID-19 (Novel Coronavirus) spreading globally. That was the message of Saudi Aramco president and CEO Amin Nasser in a recent conference call with management.
2019 Year in Review: Highlights from the Past Year
As we begin a new year in a new decade, we gather inspiration by taking a look back at what news the Aramco ExPats community enjoyed the most. Here are the highlights - stories, photos and more - in case you missed them...
Oil and Gas Climate Initiative Sets Sights on Carbon Capture
The Oil and Gas Climate Initiative (OGCI), a group of leading energy companies, recently introduced new measures to address climate challenges at its fifth annual conference in New York and said it was making progress curbing methane emissions.
Unconventionals Success Driven by Broader Innovation Strategy
The next chapter in unconventionals will be written by companies who compress innovation cycle time, remain laser focused on financial metrics, and adopt a broader innovation mindset to gain a competitive edge.
Scenic Beauty on the Trail to Tabuk
With a brief stopover in Riyadh, the Tabuk region can be reached easily by a domestic flight. The roads that lead to the coast are dotted with variegated mountain ranges, the colors of the desert evolving through myriad hues, from the rocks on the ground to the red toward the more defined mountain peaks — all of this providing a strong contrast to the blue sky.
Lumpas Call it A Day After 38 Years in the Kingdom
Robert “Bob” Lumpa, assistant to Saudi Aramco executive director of Chemicals Olivier G. Thorel, is set to leave the company after 38 years of service. The Iowa native started his Saudi Aramco career in ‘Udhailiyah in 1980 as a plant engineer at gas-oil separation plants (GOSPs), seawater injection plants, and nonassociated Khuff gas well facilities.
Students Get a Lesson on Renewables in Visit to Company
Saudi Aramco’s Renewables Department recently held an awareness meeting for students from five schools in the Eastern Province. The goal of the meeting was to introduce renewable energy to inspire the students who have a desire to work in this field.
Aramco Honored for Recovery Efforts in Galveston Bay
The Galveston Bay Foundation recently honored the volunteer efforts of Aramco Services Company (ASC) with its “Guardian of the Bay” award. This award recognizes ASC’s “leadership, work, and commitment for the betterment of Galveston Bay.”
Aramco Asia-Japan, Miraikan Sign Agreement to Promote Science and Technology
Aramco Asia-Japan (AAJ) recently signed an agreement with The National Museum of Emerging Science and Innovation to contribute to the efforts of disseminating knowledge while enhancing the public interest and understanding of science and technology among local residents.
Saudi Aramco, Air Products, and ACWA Power to Form Over $8 Billion Gasification/Power Joint Venture at Jazan Economic City
Saudi Aramco, Air Products (NYSE: APD), and ACWA Power today announced the signing of a Term Sheet to form a Gasification/Power joint venture (JV) located at Jazan Economic City (JEC) in Saudi Arabia.
Crown Prince Mohammed bin Salman visits Houston to witness Motiva Enterprises LLC signing MoUs with UOP LLC and TechnipFMC plc
Motiva Enterprises LLC, a wholly-owned downstream oil and gas subsidiary of Saudi Aramco, today signed MoUs worth between $8 billion to $10 billion with U.S. companies Honeywell UOP LLC and TechnipFMC plc, in a ceremony in Houston timed to coincide with the official visit to the United States by HRH Crown Prince Mohammed bin Salman of Saudi Arabia.
Saudi Aramco and SABIC Award Project Management Contract to Wood
In a significant new step towards the successful implementation of Saudi Aramco and SABIC’s fully integrated, strategic crude oil- to-chemicals (COTC) complex in the Kingdom, the partners today awarded Wood, a leading, global British-owned provider of project management and professional and engineering services in the petrochemicals industrial field, a contract for project management and front-end engineering design (FEED).
Saudi Aramco Participates in UK-Saudi CEO Forum in London and Signs MoUs and Commercial Agreements
Saudi Aramco today participated in the UK-Saudi CEO Forum held in London to promote bi-lateral business and cooperation between the two countries. The forum was scheduled to coincide with the official visit to the UK by HRH Crown Prince Mohammed bin Salman and saw Saudi Aramco sign a number of MoUs and commercial agreements.
Saudi Aramco CEO Nasser Addresses the Future of Oil at Annual CeraWeek Conference in Houston
Speaking at the annual CeraWeek conference in Houston, President and CEO Amin H. Nasser said Saudi Aramco is actively pursuing and investing in several innovative and promising new technologies and initiatives, not only in oil, but also in its multiple uses, such as in transportation, petrochemicals, advanced materials, as well as in carbon emissions reduction.