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NEWS |
Saudi Aramco still betting on oil expansions, says GlobalData
Saudi Aramco is continuing to focus significant efforts on crude oil expansion, according to GlobalData, a leading data and analytics company.
NEWS |
Saudi Aramco Energy Ventures plans a new $500 million fund
Saudi Aramco Energy Ventures, a subsidiary of the kingdom’s state-owed oil producer, is planning to set up a new $500 million (Dh1.84bn) fund this year to boost investments in the technology sector.
NEWS |
Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares
State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record (...)
NEWS |
Regional tensions weigh on Saudi Aramco valuation, says GlobalData
Following the assassination of Soleimani, Saudi Aramco’s share price fell to SR34.2 on 8 January....
NEWS |
Deep Casing Tools win Saudi Aramco contract and announce new Middle East appointment
Aberdeen-headquartered well technology business, Deep Casing Tools, continues to see returns on its ambitious growth strategy in the Middle East, with the announcement of a new long-term contract awar (...)
NEWS |
Aramco declares $1.71 trillion valuation in world's biggest IPO
Saudi Arabia's crown jewel Aramco on Nov. 17 set an indicative share price between 30 and 32 riyals for the 1.5 percent of its shares that it would offer for the domestic part of its public offering.
NEWS |
Aramco highlights 4IR technologies at Adipec
Saudi Aramco is participating in the ongoing Abu Dhabi International Petroleum Exhibition & Conference (Adipec) and encouraging industry representatives to press ahead with implementing Fourth Industr (...)
NEWS |
Saudi Aramco IPO should be judged on its impact not its valuation, says GlobalData
Following the recent news that Saudi Arabia’s national oil company Saudi Aramco will issue its prospectus to potential investors in its initial public offering (IPO);
NEWS |
Saudi Aramco and ADNOC boosts global oil and gas contracts activity in Q3 2019, says GlobalData
The global oil and gas industry has witnessed a substantial boost from contracts activity in the Middle East, which has resulted in a contract value of US$44.4bn in Q3 2019, according to GlobalData, a (...)
NEWS |
Factbox - Saudi Aramco: the oil colossus
Aramco, as Saudi Arabian Oil Co is usually known, is set to add another superlative to the list: the world’s most valuable listed company.
NEWS |
FAB is only UAE-based bank handling Aramco IPO
First Abu Dhabi Bank (FAB) confirmed on Sunday it is the only UAE-based bank acting as joint bookrunner in the public listing of Saudi’s Aramco.
NEWS |
Aramco IPO delayed on disagreement over valuation
The trouble with Saudi Aramco’s off-again, on-again initial public offering has always been the valuation. Ever since Crown Prince Mohammed bin Salman insisted the world’s largest oil producer was wor (...)
NEWS |
Saudi Aramco has emerged from attacks 'stronger than ever' - CEO
Saudi Aramco has emerged from attacks on its oil facilities “stronger than ever”, Chief Executive Amin Nasser told employees in a message, adding that full oil production would resume by the end of th (...)
NEWS |
Rystad Energy update on Saudi Arabia
Rystad Energy update on Saudi Arabia
NEWS |
Subsea 7 awarded contract offshore Saudi Arabia
Subsea 7 today announced the award of a large(1) contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia.
NEWS |
Oil price spike after Saudi attack likely short-lived
In an update to clients after the biggest attack on oil infrastructure since the Gulf War, Bjørnar Tonhaugen, head of oil market research at Rystad Energy, made the following remarks:
NEWS |
Oil prices post record jump after attack on Saudi Arabia supplies
Oil prices rocketed almost 20 per cent to more than $71 a barrel today after the US accused Iran of gutting half of Saudi Arabia’s oil production in a strike on two refineries over the weekend.
NEWS |
Drones hit Saudi Aramco facilities, fires now under control
Drone attacks caused fires in two major Saudi Aramco facilities in the kingdom, the Saudi interior ministry said on Saturday.
NEWS |
Saudi oil explosions: Amateur footage captures plant ablaze
Yemen's Houthi rebels say they are responsible for drone attacks on two major oil facilities in Saudi Arabia run by Saudi Aramco.
NEWS |
Subsea 7 awarded contract offshore Saudi Arabia
Subsea 7 today announced the award of a large contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia.
NEWS |
Saudi Aramco reports first half 2019 net income of $46.9 billion
Saudi Aramco on Monday announced for the first time its half-year financial results. The company’s net income was $46.9 billion for the first half 2019, compared to $53.0 billion for the same period l (...)
NEWS |
McDermott awarded more work by Saudi Aramco
McDermott International has been awarded a contract by Saudi Aramco for engineering, procurement, construction and installation (EPCI) services at the Marjan and Zuluf fields, offshore Saudi Arabia.
NEWS |
Aramco IPO on track for 2020-21, says Saudi crown prince
Saudi Arabia is committed to listing its state oil producer Saudi Aramco between 2020 and 2021 depending on market conditions, according to Crown Prince Mohammed bin Salman.
NEWS |
Saudi Aramco Just Did Something It Never Did Before
Saudi Arabia’s state-run oil company Saudi Aramco has announced a new financial first for the giant: it will hold its very first earnings call in August revealing to the world its H1 2019 results.
NEWS |
Ineos inks deal with Saudi Aramco and Total
INEOS announced it has signed a Memorandum of Understanding with Saudi Aramco and Total, France, to build three new plants as part of the Jubail 2 complex in The Kingdom of Saudi Arabia.
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