Saudi Aramco’s IPO Could See 10% Float
Saudi Arabia considers expanding the initial public offering (IPO) of Saudi Aramco by floating a 10% stake, instead of 5% as previously planned.
Saudi Arabia | Egypt Oil & Gas - Part 23
Aramco IPO Unlikely to Happen in 2019
Recent drone attacks on Saudi Aramco’s facilities are making it less likely for the Saudi company to go through with its initial public offering (IPO) this year.
SABIC Holds Technical Summit in India
Saudi Basic Industries Corporation (SABIC) has recently organized a technical summit in Bengaluru, India.
Aramco Promotes iktva Program in Asia
Aramco Asia has recently organized a series of events in the Asia-Pacific region to promote Saudi Aramco’s iktva localization program and attract Asian investors and suppliers.
Saudi Arabia Ranked Third in Gas Processing Projects
Saudi Arabia is expected to add new-build gas processing capacities of 7.8 billion standard cubic feet per day (scf/d) between 2019 and 2023, as shown by a GlobalData report.
Saudi Aramco Acquires Shell’s Stake in SASREF
Saudi Aramco announced that it has completed the acquisition of Shell Saudi Arabia Refining’s 50% interest of the Saudi Aramco Shell Refinery (SASREF).
Saudi Arabia Restores Oil Supply Capacity: Minister
Saudi oil supply is fully back online, recovering from recent drone attacks that targeted facilities in Khurais and Abqaiq, according to Saudi Minister of Energy Prince Abdulaziz bin Salman.
Bapco Refinery Maintains Operations
Facilities at the Bahrain Petroleum Company’s (Bapco) refinery continues to operate normally, according to the Bahraini National Oil and Gas Authority (NOGA).
Saudi Aramco Resumes Oil Loadings
Saudi Aramco has reportedly told some of its clients that vessel loading has resumed following disruptions caused by recent drone attacks on oil facilities in Khurais and Abqaiq.
Restoring Saudi Oil Production Could Take Weeks
It could take weeks before Saudi Arabia restores its full oil production capacity after two Aramco oil plants were subject to drone attacks.
