Latest from Energy, Oil, Gas, and Power in Saudi Arabia and Middle East

Energy, Oil, Gas, and Power

Saudi Aramco Base Oil Company � Luberef Announces Final Offer Price

RIYADH – 11 December 2022: Saudi Aramco Base Oil Company – Luberef (the “Company”), one of the largest base oils producers in the world and the leading base oils producer in the Kingdom of Saudi Arabia (the “Kingdom”) and SNB Capital Company, HSBC Saudi Arabia, Citigroup Saudi Arabia and Morgan Stanley Saudi Arabia, as joint financial advisors, announce the successful completion of the book-building process for participating entities and the final offer price for the Company’s initial public offering (“IPO” or the “Offering”). The final offer price for the Offering has been set at SAR 99 ......Read More

Monday, December 12, 2022

Mitsubishi Power Appoints Adel Al-Juraid as Chief Executive Officer for Saudi Arabia

Dammam, Saudi Arabia, 10 October 2022: Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries Ltd. (MHI) announced the appointment of Adel Al-Juraid, a Saudi Arabian national, as the new Chief Executive Officer for the Kingdom of Saudi Arabia. In this new role, Adel leads the operations of Mitsubishi Power in the Kingdom and ......Read More

Tuesday, October 11, 2022

Saudi Maritime Congress Discusses Future of Energy to Reach Zero Carbon in Maritime Sector

The most prominent maritime and logistics event in Saudi Arabia will lead discussions on the industry's changing landscape Dammam, Saudi Arabia – 12th September 2022: Saudi Maritime Congress will reinforce industry leaders’ commitment to achieving climate neutrality and discuss its impact on global supply chains, with the ......Read More

Monday, September 12, 2022

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