IPO

  • ADNOC Drilling Completes Listing in ADX

    ADNOC Drilling Completes Listing in ADX

    Monday, 4th October 2021

    Abu Dhabi National Oil Company (ADNOC) announced that it has completed the listing of ADNOC Drilling Company on the Abu Dhabi Securities Exchange (ADX).

  • ADNOC Announces Offer Price Per Share for ADNOC Drilling IPO

    ADNOC Announces Offer Price Per Share for ADNOC Drilling IPO

    Tuesday, 14th September 2021

    The Abu Dhabi National Oil Company (ADNOC) announced that it has determined the offer price per share for the initial public offering (IPO) of ADNOC Drilling Company at AED2.30, with total $10 billion for the equity value.

  • Neptune Energy Mulls Merger with Harbour Energy

    Neptune Energy Mulls Merger with Harbour Energy

    Wednesday, 8th September 2021

    Neptune Energy is working with an adviser studying a potential merge with Harbour Energy company.

  • ADNOC Drilling to Sell 7.5% of Shares Through IPO

    ADNOC Drilling to Sell 7.5% of Shares Through IPO

    Monday, 6th September 2021

    Abu Dhabi National Oil Company (ADNOC) Drilling announced that it plans to offer 7.5% of its shares initial public offering (IPO) to be listed for trading on the Abu Dhabi Securities Exchange (ADX).

  • Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund

    Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund

    Sunday, 31st January 2021

    Saudi Arabia Ruler, Prince Mohamed bin Salman, announce, that the state-owned Aramco Company will sell more shares as apart of its plan to reinforce the kingdom’s Sovereign Wealth Fund.

  • SFE Offers Wataniya to Private Sector Investors

    SFE Offers Wataniya to Private Sector Investors

    Thursday, 10th December 2020

    The Sovereign Fund of Egypt (SFE) has selected Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO), to be offered to private sector investors as a first stage in its privatization plan, Minister of Planning and Economic Development and SFE Chairperson, Hala El-Said, stated.

  • Oman Oil Company to start IPO by 2020

    Oman Oil Company to start IPO by 2020

    Wednesday, 4th December 2019

    State-owned Oman Oil Company plans to list around 20-25% of its shares in an initial public offering (IPO) by the end of 2020, according to Oman's Oil Minister, Mohammed Al-Rumhi.

  • Aramco’s IPO to Affect Egypt’s Petrochemicals Sector

    Aramco’s IPO to Affect Egypt’s Petrochemicals Sector

    Tuesday, 5th November 2019

    Saudi Aramco’s initial public offering (IPO) is forecasted to positively affect Egypt’s petrochemicals sector, Egyptian stock exchange expert Hanan Ramsis said.

  • Aramco Sets a Timeline for Its IPO

    Aramco Sets a Timeline for Its IPO

    Wednesday, 30th October 2019

    Saudi Aramco is set to launch its initial public offering (IPO) on November 3.

  • Saudi Aramco Targets IPO Completion This Year

    Saudi Aramco Targets IPO Completion This Year

    Wednesday, 23rd October 2019

    Saudi Aramco plans to complete its initial public offering (IPO) before the end of the year by relying more on local investors after doubts over its valuation caused it to delay a transaction that had been expected this week.