RIYADH/ Cambridge: The Abu Dhabi National Oil Company (Adnoc), Saudi Aramco Technologies Company (AramcoTech) and TWI Ltd (TWI) officially opened the Non-metallic Innovation
"The security of the UAE and Saudi Arabia is inseparable. Any threat to the Kingdom of Saudi Arabia is seen as a threat to the stability and security of the UA."
'The attack was launched from the north and was unquestionably sponsored by Iran,' Al-Malki told journalists
Saudi Aramco’s Chief Executive expects rising oil demand in 2021, he said on Sunday, citing Chinese demand approaching pre-pandemic levels while vaccines help other economies to open up.
According to a statement by the company, the net income for the Q3 of 2020 was 44.21 billion Saudi riyals ($11.79 billion). In 2019, the company recorded a net income of $21.3 billion in the third quarter.
Upon closing, Aramco will receive upfront proceeds of around US$12.4 billion, further strengthening its balance sheet through one of the largest energy infrastructure deals globally.
Saudi Aramco, the world’s largest integrated oil and gas company, wholly owned by the Government of the Kingdom of Saudi Arabia, on Sunday announced its intention to proceed with an initial public offering (IPO) on Riyadh’s Tadawul Stock Exchange.
Saudi Aramco plans to invest $110 billion to develop unconventional gas reserves in Saudi Arabia’s Jafurah field, the state news agency SPA said.
President Hassan Rouhani will present a plan for creating security in the Gulf in cooperation with other countries in the region when he attends the United Nations General Assembly in New York this week.