SABIC | Egypt Oil & Gas - Part 3

Aramco to Issue $10 B Bonds

As the world largest oil firm, this move is seen as an indicator of how well the company operates, with its only debt issuance so far.

Aramco to Acquire 70% Stake in SABIC

Saudi Aramco, the world’s largest oil producer, is acquiring a 70% stake in Saudi Basic Industries Corp (SABIC) in a $69.1 billion deal that aims to develop Aramco’s downstream growth plans.

Saudi Arabia Signs $2 B Deal with SUMED

Saudi Arabia's Aramco and SABIC signed agreements with SUMED worth $2 billion to establish petrochemical projects in the Mediterranean region.

Saudi Aramco IPO will ‘Certainly’ Happen: CEO

Saudi Aramco chief executive Amin Nasser has said that the delayed initial public offering (IPO) of the state oil giant will “certainly” happen when conditions are right.

Saudi Aramco, Sabic to Build Petrochemical Complex in Yanbu

State oil giant Saudi Aramco and petrochemicals company Saudi Basic Industries Corp (SABIC) will build a new integrated industrial petrochemicals complex in the port city of Yanbu on the Red Sea coast.

SABIC Posts $1.6B Q3 Net Profit

Saudi Basic Industries Corp (SABIC) has announced a net profit of $1.6 billion in Q3 2018 on the back of rising average prices and sales.

Saudi Aramco IPO by Early 2021: Crown Prince

Saudi Aramco's initial public offering (IPO) will take place by 2021, Crown Prince Mohammed bin Salman has said.

SABIC Approved to Purchase Clariant Stake

Regulators have approved SABIC's purchase of a 24.99% stake in Swiss chemical company Clariant.

SABIC Looks to Buy 50% Stake in Indian Petchem Plant

Saudi Basic Industries Corp (SABIC) is looking to purchase around 50% of the $4.6 billion Indian petchem project backed by Oil and Natural Gas Corp (ONGC).

Saudi Aramco Awards Management Contract for Oil-to-Chemicals Program

Saudi Aramco and Sabic awarded the US engineering firm KBR a project management contract for their joint oil-to-chemicals project.

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