Aramco CEO Sees Significant Oil Demand Growth

Tuesday, October 24, 2023

Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he saw significant demand growth for oil, citing a possible resurgence in the Chinese economy and an aviation sector that remains below pre-pandemic levels. 

He said a one-size-fits-all energy transition was not acceptable as it must take into account the economic maturity of different countries. 

(Reuters - Reporting by Nadine Awadalla in Dubai and Pesha Magid in Riyadh Writing by Yousef Saba/Editing by Mark Potter)

Categories: Energy People Middle East Industry News Activity Production People & Company News

Related Stories

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Eni Nears FID for Indonesia’s Offshore Gas Projects

GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

Saipem Agrees $272M Deal to Acquire Deep Value Driller Drillship

MISC, PTSC Extend Ruby II FPSO Operations Offshore Vietnam

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

ABL to Support Platform Installations, Rig Moves for Chevron in Gulf of Thailand

Current News

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Eni Nears FID for Indonesia’s Offshore Gas Projects

GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

MISC Secures Long-Term Charter for Papua New Guinea's First FSO

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Saipem Agrees $272M Deal to Acquire Deep Value Driller Drillship

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com