Saudi Aramco | Egypt Oil & Gas - Part 26

Higher Oil Prices Shrink Saudi Deficit

A strengthening in Saudi Arabia's government finances has allowed the kingdom to stop drawing down its foreign assets.

Brunswick Joins Saudi Aramco IPO

Saudi Aramco has appointed advisory firm Brunswick to join FTI Consulting in running media and investor relations for IPO.

China’s ZTT to Provide Cables to Saudi Aramco

ZTT will provide 33KV and 15KV cables worth $30m that would be installed at Aramco’s Hasbah II, Marjan & Zuluf, and Safaniya projects.

Aramco Signs MoUs for Petroleum, Energy Collaboration

Saudi Aramco signed two separate memorandum of understandings (MoUs) with Abu Dhabi National Oil Company (Adnoc) and Masdar. The deals cover oil and gas technology and renewable energy development.

Saudi Aramco Invites China’s Sinopec to Invest in IPO

China is one of Saudi Arabia’s targets as the kingdom prepares for the IPO by deepening relationships with its most significant oil buyers.

Aramco to pay Shell $2.2b to Dissolve JV

Saudi Aramco finalized the execution of definitive agreements with Royal Dutch Shell plc to separate and transfer the assets, liabilities and businesses of the Motiva Enterprises LLC joint venture (JV).

ERC Completes More than 92% of Main Project

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

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

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

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.

Page 26 of 33

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