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Saudi Arabia News

Brent Oil Rises to Over $81 for Week BeginningBrent Oil Rises to Over $81 for Week BeginningInternational crude benchmark Brent increased to $81.42 per barrel at 06.54 GMT on Monday, while American benchmark West Texas Intermediate (WTI) saw prices of $71.97 per barrel.10 November 2018 Saturday 13:30
Saudi Shipper Bahri to Seek Acquisitions in AsiaSaudi Shipper Bahri to Seek Acquisitions in AsiaSaudi Arabia’s Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco seeks to expand its reach, the chief executive said on Wednesday.08 November 2018 Thursday 11:40
Saudi Arabia May Invest Billions in Pakistani Port of GwadarSaudi Arabia May Invest Billions in Pakistani Port of GwadarPakistani officials confirmed Thursday that Saudi Arabia will make heavy investments in the China Pakistan Economic Corridor (CPEC), a central pillar of China's international Belt and Road Initiative (BRI) of infrastructure projects.21 September 2018 Friday 09:30
Saudi Arabia Considers Building Oil Port in YemenSaudi Arabia Considers Building Oil Port in YemenSaudi Arabia may be planning to construct an oil terminal in al-Mahra, Yemen, an area that Saudi-allied forces currently control.25 August 2018 Saturday 11:00
Saudi Arabia Halts Oil Shipments Through Bab el-MandebSaudi Arabia Halts Oil Shipments Through Bab el-MandebOn Wednesday, Saudi Arabia's state oil company announced that it would suspend all shipments through the Strait of Bab el-Mandeb after an attack on its tankers off the coast of Yemen.26 July 2018 Thursday 10:45
Saudi Arabian OSV operator implements ABS NS software fleet wideSaudi Arabian OSV operator implements ABS NS software fleet wideABS and Saudi Arabia's Rawabi Vallianz Offshore Services (RVOS) are finalizing implementation of the ABS Nautical Systems (NS) fleet management software across its fleet of 44 offshore support vessels (OSVs).27 June 2018 Wednesday 14:49
Saudi Arabia and UAE Announce Plan to Protect Shipping Lane to Yemen’s Hodeidah PortSaudi Arabia and UAE Announce Plan to Protect Shipping Lane to Yemen’s Hodeidah PortSaudi Arabia and the United Arab Emirates announced a five-point aid plan for Yemen’s Hodeidah port and surrounding areas on Wednesday, after a Saudi-led alliance of Arab states launched an attack on Yemen’s Houthi-held main port city.14 June 2018 Thursday 11:30
Saudi Arabia to keep June Crude Oil Supply SteadySaudi Arabia to keep June Crude Oil Supply SteadySaudi Arabia, the world’s top oil exporter, will supply full contractual volumes of crude to two refiners in Asia in June, two sources with knowledge of the matter said on Thursday.11 May 2018 Friday 17:32
China-Bound U.S. Sorghum Cargoes Diverted to Saudi Arabia, JapanChina-Bound U.S. Sorghum Cargoes Diverted to Saudi Arabia, JapanThree of the cargoes are now sailing for Saudi Arabia after being sold to a private buyer, a U.S. trader and a Middle East-based trading source with knowledge of the matter said Tuesday.25 April 2018 Wednesday 12:55
Saudi Arabia Expects No Oil Supply Impact from Houthi Tanker AttackSaudi Arabia Expects No Oil Supply Impact from Houthi Tanker AttackAn attack on a Saudi tanker by Yemen’s Houthis will not hit oil supplies, Saudi Arabia’s energy minister said on Wednesday, after the Iran-allied group said it had targeted a warship in response to an air strike that killed civilians.05 April 2018 Thursday 12:09
Construction Begins on Saudi Arabia’s Massive Persian Gulf Maritime YardConstruction Begins on Saudi Arabia’s Massive Persian Gulf Maritime YardConstruction work has begun on a joint venture to build a shipyard on Saudi Arabia’s eastern coast, oil rig builder Lamprell Plc said in a statement on Friday.17 March 2018 Saturday 12:11
Saipem Bags New Offshore Contract in Saudi Arabia, West AfricaSaipem Bags New Offshore Contract in Saudi Arabia, West AfricaSaipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term Agreement renewed in 2015 until 2021.04 December 2017 Monday 16:31
Tanker Market Suffers from Anti Corruption Campaign of Saudi ArabiaTanker Market Suffers from Anti Corruption Campaign of Saudi ArabiaOil markets have been feeling the pressure from the anti-corruption crackdown which has been going on since the past weekend in the Kingdom of Saudi Arabia.10 November 2017 Friday 17:41
Saudi Arabia imports 2million tons of wheat this yearSaudi Arabia imports 2million tons of wheat this yearThe Saudi Grains Organisation has awarded the third batch of imported solid wheat for 2017, amounting to 490,000 tons distributed to the European, American, and Australian sources22 August 2017 Tuesday 17:45
Saudi Arabia installing cranes at Yemen ports to boost aid deliverySaudi Arabia installing cranes at Yemen ports to boost aid deliverySaudi Arabia said on Thursday it was installing four cranes at three ports in Yemen to help boost humanitarian aid deliveries and was ready to assist with installing cranes at the key port of Hodeidah once it was under control of a neutral party.19 August 2017 Saturday 14:39
Coast Guard of Saudi Arabia opened fire on Iranian vesselsCoast Guard of Saudi Arabia opened fire on Iranian vesselsIn the Persian Gulf, the coast guard of Saudi Arabia opened fire on two Iranian fishing vessels. As a result of the incident, one person was killed, the Iranian television channel Press TV reported.19 June 2017 Monday 13:45
Saudi Arabia Becomes 55th State to Ratify BWM TreatySaudi Arabia Becomes 55th State to Ratify BWM TreatySaudi Arabia has ratified the Ballast Water Management (BWM) Convention, which is scheduled to enter into force on September 8, 2017.16 May 2017 Tuesday 14:52
37 Bahri Ships to Fly Saudi Arabia’s Flag37 Bahri Ships to Fly Saudi Arabia’s FlagNational Shipping Company of Saudi Arabia (Bahri) revealed plans to re-flag 32 of its very large crude tankers (VLCCs) and five of its mid-size carriers under the domestic flag by the end of 2017.19 April 2017 Wednesday 12:40
Saudi Arabia Aska U.N. To Supervision Yemen PortSaudi Arabia Aska U.N. To Supervision Yemen PortA Saudi-led coalition fighting in Yemen called on Sunday for the United Nations to place a strategic port under its supervision after a helicopter attack on a boatload of Somali refugees left 42 dead.20 March 2017 Monday 12:48
Milaha to Link Saudi Arabia, India with Direct ServiceMilaha to Link Saudi Arabia, India with Direct ServiceMarine transport and logistics conglomerate Qatar Navigation (Milaha) has signed an agreement with the Kandla International Container Terminal (KICT) in India to start the first direct common carrier feeder service between Saudi Arabia and India.25 January 2017 Wednesday 13:25
US has more oil reserves than Saudi ArabiaUS has more oil reserves than Saudi ArabiaA new independent estimate of world oil reserves has been released by Oslo-headquartered Rystad Energy, showing that the US now holds more recoverable oil reserves than both Saudi Arabia and Russia.10 July 2016 Sunday 12:35
Bahri: MoU on Setting Up Maritime Yard in Saudi Arabia ExpiredBahri: MoU on Setting Up Maritime Yard in Saudi Arabia ExpiredThe Memorandum of Understanding (MoU) between the National Shipping Company of Saudi Arabia (Bahri), Saudi Arabian Oil Company (Saudi Aramco) and Sembcorp Marine on developing an international maritime yard for shipbuilding and offshore manufacturing31 October 2015 Saturday 11:35
U.S. Approves $11 Billion Saudi Buy of Lockheed Littoral ShipsU.S. Approves $11 Billion Saudi Buy of Lockheed Littoral ShipsThe Pentagon has notified Congress of a planned sale to Saudi Arabia of as many as four Littoral Combat Ships made by Lockheed Martin Corp. for $11.25 billion, as the U.S. works to bolster defenses of its Gulf allies after the nuclear deal with Iran.21 October 2015 Wednesday 11:42
Egypt and Saudi Arabia define the maritime bordersEgypt and Saudi Arabia define the maritime bordersEgypt and Saudi Arabia agreed to establish their maritime boundaries in the Red Sea, Egypt’s presidency said in a statement Thursday.31 July 2015 Friday 10:17
US, Saudi Arabia agree to fight Mideast extremist activitiesUS, Saudi Arabia agree to fight Mideast extremist activitiesUS, Saudi Arabia agree to fight Mideast extremist activities17 July 2015 Friday 11:55
Fleet Buildup Drives Bahri’s Q2 Profit SurgeFleet Buildup Drives Bahri’s Q2 Profit SurgeNational Shipping Company of Saudi Arabia (Bahri) has more than doubled its second-quarter results recording SAR 342.48 (USD 91.2 million) in net profit, the company said in its business report for the first six months of the year ending with June 30.14 July 2015 Tuesday 12:52
Brent oil price lost 5 pct in two days to dip below $57Brent oil price lost 5 pct in two days to dip below $57The global benchmark lost 5.5 percent since Monday to dive below $57 per barrel mark on Wednesday.11 February 2015 Wednesday 15:42
Saudi-Iran relations to remain unchanged in Middle EastSaudi-Iran relations to remain unchanged in Middle EastUnder the new Saudi king, relations between Saudi Arabia and Iran are expected to remain unchanged as their rivalry in the Middle East region continues, say experts.28 January 2015 Wednesday 15:20
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