Saudi Aramco’s IPO Could See 10% Float
Saudi Arabia considers expanding the initial public offering (IPO) of Saudi Aramco by floating a 10% stake, instead of 5% as previously planned.
News / International
Algeria to Keep Limits on Foreign Energy Investments
The Algerian government is planning to maintain current clauses in the energy law that limit foreign stakes in oil and gas projects.
PDO Signs Multiple Service Contacts
Petroleum Development Oman (PDO) has signed eight new contracts for manufacture, maintenance, labor, and transport services.
Aramco IPO Unlikely to Happen in 2019
Recent drone attacks on Saudi Aramco’s facilities are making it less likely for the Saudi company to go through with its initial public offering (IPO) this year.
SABIC Holds Technical Summit in India
Saudi Basic Industries Corporation (SABIC) has recently organized a technical summit in Bengaluru, India.
Iraq’s Oil Exports Top 111 MM barrels in August
Iraq has exported 111.7 million barrels of oil during August, with total revenues of about 6.42 billion.
Aramco Promotes iktva Program in Asia
Aramco Asia has recently organized a series of events in the Asia-Pacific region to promote Saudi Aramco’s iktva localization program and attract Asian investors and suppliers.
ADNOC Drills Umm Lulu’s First Offshore Well
ADNOC Drilling has completed the first integrated drilling services well in the Umm Lulu offshore oilfield in Abu Dhabi.
Saudi Aramco Restores 75% of Halted Production
Saudi Arabia has recovered around 75% of the production lost due to the recent drone attacks on two major oil plants in Khurais and Abqaiq.
UAE’s Al-Gharbia Pipe Begins Production
Al Gharbia Pipe Company has begun commercial production of large diameter sour grade steel pipes for uses in the construction and energy industries.
