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Hyundai Signs MOU with Saudi Aramco on Hydrogen Energy

Hyundai Signs MOU with Saudi Aramco on Hydrogen Energy

SEOUL, Jun. 26 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading carmaker, said Wednesday it has signed an initial pact with Saudi Arabia’s national oil company, Saudi Aramco, to cooperate on hydrogen energy. On Tuesday, Hyundai Motor Executive Vice Chairman Chung Euisun signed a memorandum of understanding with Ahmad A. Al-Sa’adi, senior vice president [...]

S-Oil Beefs Up Petrochemical Biz with US4.2 bln Project

S-Oil Beefs Up Petrochemical Biz with US4.2 bln Project

SEOUL, Jun. 26 (Korea Bizwire) — S-Oil Corp., a major refiner in South Korea owned by Saudi Aramco, said Wednesday it has completed the construction of petrochemical production facilities in South Korea, which will help further raise its presence in the non-refining business field. In 2015, S-Oil, the third-largest refining firm in the country, started [...]

Siluria Technologies and Saudi Aramco Technologies Company Join Forces to Maximize Chemicals Production

Siluria Technologies and Saudi Aramco Technologies Company Join Forces to Maximize Chemicals Production

SAN FRANCISCO, Jun. 13 (Korea Bizwire) — Saudi Aramco Technologies Company, a subsidiary of the world’s largest oil company, and Siluria Technologies, a leader in disruptive process technologies for the petrochemical and energy industries have executed a multi-plant technology license for the integration of Siluria’s proprietary technology (natural gas to olefins) with Saudi Aramco’s high-olefins [...]

KOTRA Signs MOU with Saudi Aramco to Enhance Biz Ties

KOTRA Signs MOU with Saudi Aramco to Enhance Biz Ties

SEOUL, Apr. 11 (Korea Bizwire) — The Korea Trade-Investment Promotion Agency (KOTRA) said Wednesday it has signed a memorandum of understanding (MOU) with Saudi Aramco, the world’s largest crude exporter, to enhance bilateral cooperation in energy, trade, investment and other fields. KOTRA said it expects the MOU signed at KOTRA’s headquarters in southern Seoul on [...]

Hyundai Heavy Inks MOU for Marine Engine Plant in Saudi Arabia

Hyundai Heavy Inks MOU for Marine Engine Plant in Saudi Arabia

SEOUL, Jul. 5 (Korea Bizwire) — Hyundai Heavy Industries Co., a major shipyard here, said Wednesday that it has signed a memorandum of understanding with Saudi Aramco and others to build a plant in Saudi Arabia that will make engines used for ships and power generation. The Hyundai Heavy-Aramco consortium will spend US$400 million to [...]