Saudi Aramco | Egypt Oil & Gas - Part 25

Saudi Aramco: IPO on Track

Saudi Aramco confirmed that its initial public offering (IPO) remains on track for next year.

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.

Saudi Arabia Increases Crude Reserves in Japan

Saudi Aramco is increasing its crude oil reserves in Japan by 1.9 million barrels.

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.

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.

Saudi Aramco to Cut Sales in September

Saudi Aramco, the Saudi oil giant, will cut shipments of crude oil to international customers by 520,000 barrels a day (b/d) in September.

Aramco to Finalize Phase 1 of Expanded Gas Pipeline

Saudi Aramco is going to finalize the first phase of an expansion of the main gas pipeline across Saudi Arabia by the end of 2017, in line with the Kingdom’s plan to satisfy the rising gas demand.

Aramco Opens Tender for Security Upgrade

National oil giant Saudi Aramco plans to upgrade the security in its offshore facilities and has received bids for the work from defense companies.

Saudi Aramco’s SAMREF not Disturbed by Fire

Operations are ongoing and have not been affected by the incident, which happened due to hot weather.

Aramco to Invest $18b in Expansion in the Americas

Saudi Aramco plans to spend $18b in the next five years to expand its operations in the Americas.

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