ERC Completes More than 92% of Main Project

• Tuesday, 28th February 2017
• by Dr. Mahinaz El-Baz

ERC has completed more than 92% of its main project, noting that the company is one of the most important energy producers in Egypt.

Aramco Confirms $7b Deal With Petronas

• Tuesday, 28th February 2017
• by Editorial Team

Saudi Arabia’s state oil company Saudi Aramco will invest $7b and take a 50% stake in select ventures and assets in Malaysia's RAPID project.

Aramco, Petronas to Sign Refinery Agreement

• Sunday, 26th February 2017
• by Editorial Team

Malaysia's state oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco are expected to sign an agreement to collaborate in Malaysia's Refinery and Petrochemical Integrated Development (RAPID) project.

Aramco Mulls Shares for Saudi Citizens

• Wednesday, 22nd February 2017
• by Editorial Team

Oil giant Saudi Aramco is reportedly considering offering shares to citizens of Saudi Arabia as it prepares for an initial public offering (IPO) that could be the biggest the world has ever seen.

Saudi Aramco Signed Crude Deal with Chinese Refiner

• Monday, 13th February 2017
• by Editorial Team

State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply its crude in 2017.

Moelis & Co as Sole Adviser on Saudi Aramco IPO

• Thursday, 9th February 2017
• by Editorial Team

New York based investment bank, Moelis & Co, has been chosen as the sole independent adviser for the planned initial public offering (IPO) of Saudi Aramco.

Aramco to Raise $10b Prior to IPO

• Monday, 6th February 2017
• by Editorial Team

Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June 2017, ahead of a planned initial public offering (IPO) in 2018, in order to raise as much as $10b in bon ...

Saudi Aramco Installs New ESP System

• Thursday, 2nd February 2017
• by Editorial Team

Saudi Aramco recently installed and tested the functionality of its Baker Hughes TransCoil rigless deployed electrical submersible pumping (ESP) system, which is expected to cut down on installation and replacement c ...

Saudi Aramco Eyes $5b Investment in Renewables

• Tuesday, 31st January 2017
• by Editorial Team

Saudi Aramco is considering as much as $5b of investments in renewable energy firms as part of plans to diversify from crude production.

Saudi Aramco’s Oil Reserves Reach 261b Barrels

• Sunday, 29th January 2017
• by Editorial Team

The external audit of the oil reserves of Saudi Aramco ahead of its planned IPO has confirmed that Saudi Arabia’s oil giant has more than 261b barrels of reserves.