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Stay informed with the latest updates from the world of oil and gas.

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Stay informed with the latest updates from the world of oil and gas.
Industry news
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March 12, 2023
Saudi oil giant Aramco posts record $161 billion profit for 2022
Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 — the largest annual profit ever achieved by an oil and gas company.
Jaffora - ceo
Sept. 6, 2023
Aramco Fuels Progress: $10 Billion Jafurah Gas Project Leaps Forward with Global Partnerships
Aramco Launches $10B Jafurah Gas Project Expansion: Global EPC Contracts Awarded to Boost Saudi Arabia's Largest Non-Associated Gas Resource.
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Dec. 11, 2023
Aramco Expands Global Footprint with Strategic Investment in Pakistan
Aramco's acquisition of a 40% stake in Gas & Oil Pakistan Ltd (GO). This marks Aramco's first venture into the Pakistani fuels retail market, aligning with its strategy to strengthen its global downstream operations.
2024_red
Jan. 23, 2024
Red Sea Security Concerns Impact Energy Markets
Rystad Energy's update highlights geopolitical risks in the Red Sea, affecting LNG prices. Rising tensions due to Yemen's Houthi militia have disrupted trade and led to suspended shipments, with increased military responses from the U.S. and UK.
Company news
Discover the latest breakthroughs and partnerships at Sawafi Al-Jazeera in our Press Releases section.
video
Oct. 21, 2021
Sawafi Promotes Local Drilling Services Portfolio by Acquiring Newsco International Energy Services Inc.
Sawafi Al-Jazeera acquires Newsco International Energy Services USA, a landmark deal marking the Saudi firm to buy an American Directional Drilling entity, expanding its global oil and gas solutions.
sawafi-invests-in-uk-based-well-completion-solutions-provider-vulcan
Nov. 2, 2022
Sawafi Invests in UK Based Well Completion Solutions Provider Vulcan
Sawafi invests in UK's Vulcan for advanced well completion solutions, enhancing the Kingdom's upstream sector. This aligns with Aramco’s vision, boosts R&D, and supports Saudi's Iktva goals for local value creation and sector self-sufficiency.
sawafi-borets-sign-with-king-salman-park-spark
Dec. 10, 2018
Sawafi-Borets Sign with King Salman Park (SPARK)
Pioneering Saudi's Global Energy Hub with Sawafi-Borets JV for ESP solutions, reinforcing Saudi's position as an energy leader.
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April 21, 2019
Sawafi Signs Exclusive Deal with Tendeka for Distribution of Oil Well Solutions
Sawafi partners with Tendeka, bringing advanced oil & gas well solutions to Saudi Arabia, including Intelligent Completion and Sand Control, enhancing production efficiency.
sawafi-sponsors-the-2018-middle-east-artificial-lift-conference-and-exhibition
Nov. 30, 2018
Sawafi Sponsors the 2018 Middle East Artificial Lift Conference and Exhibition
Sawafi-Borets sponsors SPE's Artificial Lift Conference, highlighting latest oil tech in Bahrain. Their JV advances ESP solutions, fostering industry growth.
sawafi-completed-a-partnership-agreement-with-enteq-upstream
Aug. 10, 2020
SAWAFI completed a partnership agreement with Enteq Upstream
Sawafi partners with Enteq Upstream to offer advanced MWD services in Saudi Arabia, enhancing drilling efficiency with reliable, robust technologies for the oil sector.
sawafi-borets-awarded-contract-by-al-khafji-joint-operations-kjo
Jan. 10, 2021
Sawafi Borets Awarded Contract by Al-Khafji Joint Operations (KJO)
Sawafi Borets wins a 5-year contract with KJO for ESP systems in Saudi Arabia, showcasing their commitment to quality and service in oilfield operations.
sawafi-borets-hosts-ground-breaking-ceremony-for-its-new-headquarters-at-king-salman-energy-park-spark
Jan. 20, 2021
Sawafi Borets Hosts Ground-Breaking Ceremony for its new headquarters at King Salman Energy Park (SPARK)
Sawafi Borets begins construction on a new ESP hub at SPARK, set to revolutionize submersible pump manufacturing and service in Saudi Arabia by 2022.
sawafi-borets-the-official-sponsor-at-spe-middle-east-artificial-lift-conference-2
Oct. 27, 2022
Sawafi Borets Participates in the fifth SPE Middle East Artificial Lift Conference and Exhibition as Official Sponsor
Sawafi Borets shines at the 5th MEAL Conference, showcasing eco-friendly ESP technologies aligned with Saudi's Net-Zero goals and Aramco's carbon reduction plans.
sawafi-sponsors-iptc-2022
Feb. 21, 2022
Sawafi Spearheads Innovation at IPTC 2022 as Diamond Sponsor
Sawafi Champions Sustainable Energy Innovation as Diamond Sponsor at IPTC 2022, Showcasing Technological Leadership with Partners for Global Recovery.
sawafi-leads-in-localisation
Sept. 6, 2020
Sawafi Leads in Localisation
Sawafi's Spark hub aims to localize and innovate the upstream sector in Saudi Arabia, partnering with global tech innovators to enhance Aramco's operations.
Upcoming events
Past events
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July 06-07, 2022 / Bahrain

Middle East Oil & Gas Show
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iptc

February 12-14, 2024 / Kingdom of Saudi Arabia

IPTC 2024
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