ACWA Power IPO Delayed: Sources
Saudi Arabia’s ACWA Power has reportedly delayed its plans for an initial public offering (IPO), originally expected for later this year.
IPO | Egypt Oil & Gas - Part 4
Mubadala to List 25% Cepsa Stake
Abu Dhabi’s investment company Mubadala plans to list 25% of Spanish oil company Cepsa, of which it owns 82.5%, in an initial public offering (IPO).
AMOC to Offer 20% Stake on EGX
Egypt's Minister of Finance, Mohamed Maait, has announced that a further 20% of the Alexandria Mineral Oils Company (AMOC) will be offered on the Egyptian Exchange Market (EGX).
UAE’s Brooge Petroleum Targets 2018 London IPO
Emirati Brooge Petroleum and Gas Investment Co (BPGIC) plans to raise $400 million in capital in an initial public offering (IPO) on the London exchange before the end of 2018.
Oman’s Musandam Expects 2018 IPO Date
Musandam Power Company, a majority-owned subsidiary of the Oman Oil Company, plans to launch its initial public offering (IPO) before 2019.
Saudi Arabia Grants Aramco 40-Year Concession Agreement
The Saudi government has offered state-owned oil company Saudi Aramco a 40-year concession term for the kingdom's oil reserves, replacing its current evergreen contract which permits it indefinite exclusive rights ...
Saudi Sovereign Fund Borrows $11B Following Aramco IPO Delay
Saudi Arabia's sovereign wealth fund has borrowed $11 billion from international banks after plans for an initial public offering (IPO) of state-owned oil firm Saudi Aramco were delayed indefinitely.
Enppi Appoints Legal Adviser Ahead of IPO
Engineering for the Petroleum & Process Industries (Enppi) has appointed Zaki Hashem & Partners law office to provide legal advice for its upcoming initial public offering (IPO).
Kuwait Energy to Sell a Spin-off of its Egyptian Assets
Kuwait Energy has hired Perella Weinberg Partners (PWP) investment bank in order to advise on the selling of a spin-off of the company’s Egyptian assets.
Independent Audit Puts Saudi Oil Reserves at 270 Billion Barrels
Saudi Aramco's first external audit has revealed that the company has 270 billion barrels in oil reserves.
