IPO | Egypt Oil & Gas - Part 5

Enppi to List 15% Stake on EGX

Engineering for the Petroleum and Process Industries (Enppi) is set to sell around 15% of its shares in an initial public offering on the Egyptian Exchange Market (EGX).

Aramco Accounts Reveal Low 2017 Downstream Profits

The majority of Saudi Aramco’s profits in the first six months of 2017 came from its upstream ventures, with the company’s downstream profits remaining far behind those of its major rivals.

Saudi Aramco Signs Agreements Worth $10 B with US Companies

Saudi Aramco signed preliminary cooperation agreements worth $10 billion with numerous leading oil services companies during Crown Prince Mohammed bin Salman's visit to the US.

Enppi, MIDOR among 23 Companies to be Listed on EGX

The Egyptian government has announced the names of 23 state-owned firms to be listed for initial public offering (IPO) on the Egyptian Exchange (EGX).

Aramco Seeks Cheap Loans ahead of IPO

Saudi Aramco is seeking to raise billions of dollars through cheap bank loans in order encourage strong ties with banks before its stock listing.

Enppi IPO Expected in H1 2018

Egypt is expecting the initial public offering (IPO) of the Engineering for the Petroleum and Process Industries (Enppi) to take place during the first half of 2018.

Kuwait Energy, SOCO International Talk Mergers

SOCO International announced a possible merger transaction with Kuwait Energy as the company confirms that it is studying a potential merger of equals with Kuwait Energy. The transaction comes in context of SOCO’s ...

Aramco Turns into a Joint-Stock Company

Saudi Arabia has converted its giant Aramco into a joint-stock company right before its initial public offering (IPO) planned for later 2018.

ADNOC Announces Partial IPO of Retail Division

Abu Dhabi National Oil Company (ADNOC) officially announced the partial initial public offering (IPO) of its retail division.

CEO: Saudi Aramco IPO Not Linked to Market Conditions

The plans for the initial public offering (IPO) of Saudi Aramco are not linked to market developments.

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