Saudi PIF Acquires 40% Stake in Aramco-Jacobs JV
Saudi Arabia’s Public Investment Fund (PIF) has bought a 40% stake in Jasara Program Management Company, a joint venture between Saudi Aramco and Jacobs Engineering Group.
Saudi Arabia’s Public Investment Fund (PIF) has bought a 40% stake in Jasara Program Management Company, a joint venture between Saudi Aramco and Jacobs Engineering Group.
Saudi Aramco and Russia’s Lukoil are considering a partnership for two natural gas projects in Uzbekistan.
Gasoline prices in Saudi Arabia witnessed another increase on July 14, and remain subject to changes in global export prices.
Saudi Aramco has signed an agreement with Sinopec Engineering Incorporation for two pipeline projects at the Marjan oilfield.
Saudi Aramco and Italy’s oil contractor, Saipem, signed two contracts at $3.5 billion for natural gas, Reuters reported.
Saudi Aramco has awarded 34 contracts with a total value of $18 billion for the engineering, procurement, and construction of the Marjan and Berri increment programs.
The British delegation visiting Riyadh will discuss the initial public offering (IPO) of Saudi Aramco, for which the London Stock Exchange (LSE) is a potential candidate.
Prices for Asia are affected by the monthly average price of Platts Dubai and the Oman Dubai Mercantile Exchange (DME).
The two companies will expand their reliance on non-metallic materials in a wide range of applied application areas, led by the automotive industry.
"The process was never fully suspended. I believe we are ready to start planning for the IPO of Aramco," said the Saudi Minister of Energy, Khalid Al-Falih.