Goldman Sachs | Egypt Oil & Gas

Aramco Close to Announcing IPO Managers

Saudi Aramco is expected to give lead roles to JPMorgan Chase, Morgan Stanley, and National Commercial Bank (Al-Ahli NCB) for its planned initial public offering (IPO).

Arabian Drilling to Buy Dalma Energy

Saudi Arabia's Arabian Drilling Company (ADC) has shown interest in purchasing Dalma Energy, in a deal which could value the land rig operator at more than $500m.

Investment Banking Giant Goldman Sach’s Says Oil Could Drop to $20

The investment bank Goldman Sach’s recently released a report saying that oil prices could drop to $20/barrel, at least in the short term, USAToday

Shale Oil Producers to Ramp Up Drilling: Goldman Sachs

Shale oil producers, benefiting from lower costs, are expected to ramp up drilling activity if the price of U.S. oil stays near $60 a barrel, Goldman Sachs said.

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