Aramco | Egypt Oil & Gas - Part 18
Aramco’s Huge Marine Complex to Be Ready by 2021
National oil giant Saudi Aramco expects a huge ship repair and shipbuilding complex that it is developing at Ras al-Khair on the Kingdom’s east coast to be fully operational by 2021, Chief Executive Amin Nasser ...
Saudi Aramco to Ink a Deal with SABIC
National oil giant Saudi Aramco expects soon to sign a Memorandum of Understanding (MoU) with Saudi Basic Industries for a joint oil-to-chemicals project, Chief Executive Amin, Nasser said, according to Reuters. SABIC... Saudi Aramco Raising Oil Output Ahead IPO
Saudi Arabia’s state oil company, Aramco, is raising output levels to capture more customers as it pushes ahead with Initial Public Offerings (IPOs), Financial Times reported. According to the company’s Ch...
Saudi Arabia Replaces Oil Minister
Saudi Arabia announced the ouster of its powerful Oil Minister, Ali Al-Naimi, marking the departure of a long key industry player, as part of a larger ongoing government shakeup, The New York Times reported. He will b...
Egypt to Receive 700,000 Tons of Petroleum Products from KSA
Saudi Arabia will provide Egypt with 700,000 tons of petroleum products a month under a $23b deal over five years signed between Saudi Aramco and the Egyptian General Petroleum Corporation (EGPC), an EGPC official was... Saudi Fund May Raise $106b From Aramco Stake Sale
Saudi Arabia’s sovereign wealth fund could receive $106b in cash from the sale to the public of a 5% stake in oil giant Aramco’s parent company, according to the Sovereign Wealth Fund Institute, Bloomberg informed. “I...
Saudi Aramco Maintains All Planned Oil, Gas, Refining Projects
The world’s biggest oil exporter, Saudi Aramco, will not cancel any oil, gas or refining projects, company’s CEO Amin Nasser told press, as Bloomberg reported. Arabian Business quoted Nasser as saying that R...
Aramco Seeking to Issue Islamic Bonds
Saudi Aramco has held talks with banks about creating a program that would include selling Islamic bonds (sukuk) over the next years, wrote Bloomberg quoting sources familiar with the matter. Issuing Islamic bonds wil...
