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Monday, 05 August 2019 20:17

NSER Wins $600mln Contracts in S. Arabia

National Energy Services Reunited (NESR), a provider of integrated energy services in the Middle East and North Africa (MENA) and…
Tuesday, 23 July 2019 19:07

Suez Canal Accounts for 8% of LNG Trade

Total oil flows through the Suez Canal and the SUMED pipeline accounted for about 9% of total seaborne traded petroleum…
Published in AOG Daily: 2019 / July
Aberdeen-based equipment and integrated engineering services company Sparrows Group said it has bolstered its position in Saudi Arabia after securing…
Published in AOG Daily: 2019 / July
Tuesday, 02 July 2019 08:06

Banks Re-pitching for Aramco IPO Roles

Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the…
Published in AOG Daily: 2019 / July
Tuesday, 02 July 2019 04:53

OPEC+ Extends Output Cuts

OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday, seeking to…
Published in AOG Daily: 2019 / July
Iran has created a grave situation and jeopardized global oil supplies with its aggressive behavior, Saudi Arabia's minister of state…
Published in AOG Daily: 2019 / June
Thursday, 13 June 2019 20:10

US Leads World Oil Reserves

The United States has a world-leading 293 billion barrels of recoverable oil resources, which is 20Bbbl more than Saudi Arabia…
Published in AOG Daily: 2019 / June
Thursday, 13 June 2019 02:58

Two Tankers Attacked in Gulf of Oman

Two oil tankers were attacked in the Gulf of Oman on Thursday, leaving one ablaze and both adrift, shipping firms…
Published in AOG Daily: 2019 / June
Monday, 10 June 2019 03:52

Oil Rises on Likely OPEC+ Supply Cuts

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies,…
Published in AOG Daily: 2019 / June
Lower oil prices are starting to rebalance the oil market by slowing the rise in U.S. crude output and encouraging…
Published in AOG Daily: 2019 / June
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