IPO | Egypt Oil & Gas - Part 8

Saudi Aramco Announced Initial Public Offering

Saudi Aramco will be publicly listed both in Saudi Kingdom and abroad in the second half of 2018.

Moelis & Co as Sole Adviser on Saudi Aramco IPO

New York based investment bank, Moelis & Co, has been chosen as the sole independent adviser for the planned initial public offering (IPO) of Saudi Aramco.

Aramco to Raise $10b Prior to IPO

Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June 2017, ahead of a planned initial public offering (IPO) in 2018, in order to raise as much as $10b in bon ...

Saudi Aramco’s Oil Reserves Reach 261b Barrels

The external audit of the oil reserves of Saudi Aramco ahead of its planned IPO has confirmed that Saudi Arabia’s oil giant has more than 261b barrels of reserves.

Enppi, AMOC to Go Public

Engineering for the Petroleum & Process Industries (Enppi) and Alexandria Mineral Oils Company (AMOC) will launch an initial public offering (IPO) during 2017.

Egypt Listed Oil Firms for IPO

The Egyptian Ministry of Petroleum and Mineral Resources presented eight oil and petrochemical companies to the Ministry of Investment and ICapital National Investment Bank to study the launch of an initial public of ...

Egypt to Launch Enppi’s IPO

The Ministry of Petroleum and Mineral Resources discusses Enppi's readiness for an IPO.

Saudi Arabia Opens IPOs to Foreign Investors

Saudi Arabia's Capital Market Authority (CMA) announced new rules permitting foreign investors to buy shares directly in initial public offerings (IPO). The new policy will take effect at the start of 2017.

Saudi Maintains Near-Record Crude Output

Saudi Arabia keeps pumping at near-record levels to defend sales in Asia, its biggest market, amid an increase in global supply. In addition, Saudi Aramco, the state-run oil giant, said that both its drilling and IPO ...

Egypt Studies State-Owned Oil Companies for IPO

Minister of Petroleum Tarek El Molla told Reuters that the Egyptian Ministry of Investment is to study the suitability of listing eight state-owned oil companies on the Egyptian Stock Exchange or share issuance.

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