Saudi Arabia

SLB said its Middle East revenue rose 13% from the previous quarter to about $1.9 billion in the third quarter as activity recovered, and disclosed new contracts from Petroleum Development Oman and Kuwait Oil Company.

Brent crude settled at $116.72 a barrel on Friday, its highest close since April 29, as Houthi attacks on Saudi Arabia raised concern about Gulf supply disruption.

Abu Dhabi-listed NMDC Energy has been awarded new offshore engineering, procurement and construction projects worth AED2.8 billion ($763 million) by Saudi Aramco.

Brent crude settled 4% higher at $113.17 a barrel on Thursday, its highest close since May, after Iran's Revolutionary Guards said seven vessels were hit or damaged near the Strait of Hormuz.

Saudi Aramco has told staff to evacuate its headquarters in Dhahran and work remotely, Reuters and AFP reported on Thursday, as attacks by Yemen's Houthis on the kingdom intensify.

Saudi Aramco is seeking access to strategic oil storage held by foreign governments and aims to double its storage capacity abroad, CEO Amin Nasser said.

Brent crude rose above $110 a barrel in early trade on Thursday after deadly Houthi attacks near Saudi Aramco's Shaybah oil field and on Dammam's airport led the United States to order some diplomats to leave Saudi Arabia.

Two foreign workers were killed and two others injured at Saudi Aramco's Shaybah oil field in Saudi Arabia's Eastern Province on Wednesday after air defenses intercepted a drone targeting one of its processing facilities, the energy ministry said.

Saudi Kayan Petrochemical Company's third-quarter net loss narrowed 72 percent to SR94.2 million as higher selling prices, cost cuts and a provision reversal offset lower volumes.

The Syrian Petroleum Company has started unloading the tanker Starling, carrying about 63,784 metric tons of diesel, at the Baniyas oil terminal in the first shipment from Saudi Aramco under an agreement between the two sides.

French President Emmanuel Macron secured an additional 200,000 tonnes of diesel a month from the UAE and Bahrain during his Gulf tour, the French presidency said on Tuesday.

Saudi Arabia accounts for around 54% of the assets under management in The Arab Energy Fund's investments and partnerships business, Maheur Mourali, the fund's...