Saudi Arabia Energy

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At a time of great change in Saudi Arabia and amidst debates about rapid economic diversification, it is perhaps easy to overlook the fact that even in the most optimistic forecasts of Saudi Vision 2030 – the national development strategy – the oil and gas sector will account for at least half of the country’s exports in the fourth decade of...

 

To what extent has OPEC’s decision to adjust production achieved its intended target?

 

On January 4, 2016, with Brent crude valued at $30 per barrel, Crown Prince Mohammed bin Salman Al Saud first mentioned the possibility of selling off a small part of the state oil company, Saudi Aramco. Even with global oil prices in the doldrums, his mention of a possible IPO of the firm in a rare interview with The Economist...

Chapter | Energy from The Report: Saudi Arabia 2018

At a time of great change in Saudi Arabia and amidst debates about rapid economic diversification, it is perhaps easy to overlook the fact that even in the most optimistic forecasts of Saudi Vision 2030 – the national development strategy – the oil and gas sector will account for at least half of the country’s exports in the fourth decade of the 21st century. Similarly, while the revolution in...

2017 proved a momentous year for the Kingdom of Saudi Arabia as the various strategies related to the country’s Vision 2030 and National Transformation Plan 2020 started to take shape.

Moves to privatise utilities assets in Saudi Arabia and expand the reach of its networks through increased investment should create new opportunities for private operators and service providers.

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