Saudi Aramco | Egypt Oil & Gas - Part 11

Saudi Aramco Asks Banks for IPO Roles

Saudi Aramco has recently asked major banks to submit proposals for potential roles in its planned initial public offering (IPO).

Aramco Cuts Arab Light Septrmber Prices for Asian Markets

Saudi Aramco announced that the price of the Arab Light crude to Asian customers has been decreased by $0.75 per barrel for September delivery.

Saudi Aramco Awards NESR $660 MM Contract

National Energy Services Reunited Corporation (NESR) announced that it has been awarded a number of contracts in Saudi Arabia worth a combined $660 million.

Aramco Slashes Propane August Price by $5 per Ton

Saudi Aramco announced that it has reduced propane price for August contracts by $5 per ton.

SABIC Not Seeking to Acquire Clariant

Saudi Basic Industries Corporation (SABIC) has denied interest in acquiring Clariant chemicals company.

Aramco Awards LTHE Marjan Field Contract

Saudi Aramco has awarded L&T Hydrocarbon Engineering (LTHE) another new project in the Marjan Field.

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.

Aramco Considers Cooperation with Lukoil in Uzbekistan

Saudi Aramco and Russia’s Lukoil are considering a partnership for two natural gas projects in Uzbekistan.

Saudi Arabia Raises Gasoline Prices

Gasoline prices in Saudi Arabia witnessed another increase on July 14, and remain subject to changes in global export prices.

Aramco, Sinopec Ink Deal for Marjan Field Pipelines

Saudi Aramco has signed an agreement with Sinopec Engineering Incorporation for two pipeline projects at the Marjan oilfield.

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