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King Salman Energy Park (known as SPARK) (Arabic: مدينة الملك سلمان للطاقة) is a new megaproject being constructed and located between Dammam and Al-Ahsa in the Eastern Province of Saudi Arabia. This project is being developed, operated and managed by Saudi Aramco.
On 9 December, 2024, Aramco along with SLB and Linde signed an agreement to build a carbon capture and storage project in Jubail, Saudi Arabia. Aramco will be owning 60% of the project while SLB and Linde will hold 20% each. [ 125 ]
Saudi Aramco's Qatif Project is an oilfield development project in Qatif, Eastern Province, Saudi Arabia, operated by the country's national oil company Saudi Aramco.
Saudi Arabia has unveiled a joint venture between the state oil company Aramco and the state mining company Ma'aden. The collaboration focuses on extracting lithium, a vital component in batteries ...
Crown Prince Mohammed bin Salman, Saudi Arabia’s day-to-day ruler and the architect of Vision 2030, has transferred 8% of Aramco to the kingdom’s $700 billion sovereign wealth fund over the ...
Saudi Arabia’s massive building spree, and its huge investments, depend on Aramco finding top-dollar value for its hydrocarbons. “Without a certain oil price, they cannot do it,” says Dourian.
In November 2017, Saudi Aramco awarded China Power Construction Group a $3 billion contract to build the shipyard facilities. [6] Total construction costs are estimated to be about US$4.3 billion. [4] The complex is scheduled to open in stages from late 2018 through 2022, when it will reach full capacity. [4]
This order adds to Baker Hughes’ long-standing partnership with Aramco, which includes the supply of compression solutions for the Haradh and Hawiyah gas plants, first phase of the Jafurah gas plant and gas compression facilities, and more recently, equipment for the third phase of Saudi Arabia’s Master Gas System project.