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OPEC news

Saudi Aramco awards Marjan oilfield FEED services

WorleyParsons has been awarded the project management and front end engineering and design (FEED) services for the offshore oil and gas facilities portion and the onshore upstream and downstream pipelines portion of Saudi Aramco’s Marjan Oil Field Development Program.

 
 
 
 

Oil: trading opportunities ahead

Nizam Hamid, Head of Strategy in Europe at WisdomTree, considers how today's OPEC meeting will affect the volatility of the oil price.

 
 
 
 

GlobalData: Aramco tax cut boosts upstream value ahead of expected IPO

Faced with declining government revenues from the oil and gas sector after the oil price crash and looking to diversify its economy, Saudi Arabia is reportedly planning to list 5% of its state-owned oil giant, Saudi Aramco, in an Initial Public Offering (IPO) in late 2018.