Saudi Arabia | Egypt Oil & Gas - Part 24

Saudi Arabia | Egypt Oil & Gas - Part 24

Aramco to List 1% Stake on Tadawul before Year-End

Saudi Aramco is planning to list 1% of its shares on the Saudi Stock Exchange (Tadawul) before the end of 2019, and then another 1% stake next year.

Aramco Close to Announcing IPO Managers

Saudi Aramco is expected to give lead roles to JPMorgan Chase, Morgan Stanley, and National Commercial Bank (Al-Ahli NCB) for its planned initial public offering (IPO).

Aramco Awards EPCI Contracts to Subsea 7-Led Consortium

Subsea 7 confirmed that it was has been awarded three offshore contracts by Saudi Aramco, under the long term agreement between the two companies.

Saudi Arabia Appoints New Energy Minister

Prince Abdulaziz bin Salman has been appointed as the new Saudi Minister of Energy.

Aramco Expands Downstream Investments in China’s Zhejiang FTZ

Saudi Aramco announced that it has signed a Memorandum of Understanding (MoU) with the Zhejiang Free Trade Zone (FTZ).

Saudi Aramco Awards GESi Contract to Dar Al-Handasah

Saudi Aramco has awarded Dar Al-Handasah a general engineering and project management services infrastructure (GESi) contract.

Saudi Arabia Names New Aramco Chairman

The Governor of the Saudi Public Investment Fund (PIF), Yasir Al-Rumayyan, has been appointed as the new Chairman of Saudi Aramco.

Saudi Arabia Creates New Ministry for Industry, Mineral Resources

The Kingdom of Saudi Arabia has established a new ministry for industry and mineral resources.

OPEC Monthly Output Rises for First Time in 2019

The Organization of the Petroleum Exporting Countries (OPEC) has recorded its first monthly increase in oil output this year.

Iraq Discusses Gas, Petrochemical Projects with Saudi Investors

A number of investment opportunities in Iraq’s gas and petrochemicals field have been presented to Saudi investors.

Page 24 of 90

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