Aramco | Egypt Oil & Gas - Part 13
Saudi Aramco Announced Initial Public Offering
Saudi Aramco will be publicly listed both in Saudi Kingdom and abroad in the second half of 2018.
Aramco to Get Tax Break for IPO
Saudi Arabia will reduce the overall tax rate paid by Aramco to make its 2018 initial public offering more appealing to investors, as it is expected to conduct a public offer of its shares in 2018.
Aramco’s Shipments Remain Halted
Saudi Aramco did not send January fuel cargos. Thus the 700,000 tons cargo of petroleum derivatives was halted for four consecutive months.
Sino Tharwa Participated in Rig Rentals Tender
Egypt's Sino Tharwa bid in the tender that was launched by Saudi Arabian American Oil Company (ARAMCO) to rent out three drilling rigs.
EGPC to Launch Fuel Tender
Egyptian General Petroleum Corporation (EGPC) is launching a tender to receive 700,000 tons of benzene, diesel and mazut.
Aramco Launched Giant Oil Projects
Saudi Arabia’s King Salman launched a number of giant oil projects, worth a total of about $42.64b, under Aramco’s Oil Supply Planning and Scheduling (OSPAS) Center at Dhahran.
Egypt to Launch Oil Tender
The Egyptian General Petroleum Corporation (EGPC) will launch a new tender in December in order to cover the domestic demand for petroleum products and makeup for halted Saudi Aramco shipments.
Iraq, Jordan to Build Oil, Gas Pipeline
Iraq and Jordan have affirmed their plans to implement a double oil and gas pipeline to transport Iraqi hydrocarbon to the Jordanian port of Aqaba.
