Saudi Aramco | Egypt Oil & Gas - Part 25
Saudi Aramco to Begin Trading Non-Saudi Crude
Looking to expand its operations, Saudi Aramco plans to begin trading non-Saudi crude oil, Reuters reports. Buying and selling crude oil on the international market will increase the company’s efficiency and profits, ...
Saudi Aramco’s Shale-Production Facilities Nearing Completion
Saudi Aramco will soon finish the shale-production facilities it is building in northern Saudi Arabia, industry sources told Zawya. The system is in its “final stages” and is nearing “mechanical completion,” according...
Saudi Aramco: IPO on Track for 2018
The initial public offering (IPO) for Saudi Aramco remains scheduled for 2018, the Saudi Arabian Minister of Finance, Mohammed El Jadaan, told investors, Reuters reports. Earlier reports had indicated that Saudi Arabi...
Saudi Aramco: IPO on Track
Saudi Aramco confirmed that its initial public offering (IPO) remains on track for next year, Reuters reports. Last week, Bloomberg reported that Saudi Arabia was preparing contingency plans in case the IPO was delaye...
Bloomberg Sources: Saudi Arabia is Preparing for a Possible IPO Delay
Saudi Arabia is developing back-up plans in case the initial public offering (IPO) of Saudi Aramco is pushed back until 2019, industry sources told Bloomberg. Last week the government assured investors that its reform...
Saudi Arabia Increases Crude Reserves in Japan
Saudi Aramco is increasing its crude oil reserves in Japan by 1.9 million barrels, Reuters reports. With the 1.9 million barrels, Saudi Aramco’s reserves in Japan will rise to 8.18 million barrels, according to Platts...
Saudi Aramco Receives Bids for Gas Plant Upgrades
Several European and Asian engineering companies submitted bids to construct gas booster compressor stations at Saudi Aramco’s Haradh and Hawiyah gas plants, sources told Reuters. Hyundai Development Co Engineering &a...
Saudi Arabia Reportedly Favors NYSE for Saudi Aramco Listing
Saudi Arabia is leaning toward the New York Stock Exchange (NYSE) for its initial public offering (IPO) of Saudi Aramco, Reuters reports. According to Reuters’ sources, Saudi Arabia favors the NYSE despite a more favo...
