Saudi Aramco | Egypt Oil & Gas - Part 8

Saudi Aramco Grants $75 MM Contract to Arabtec

Saudi Aramco has awarded a $75 million engineering, procurement, and construction (EPC) contract to Target Engineering Construction Company a subsidiary owned by Arabtec Holding, a Dubai-based leading contractor f ...

Aramco to Pay $75 B Dividends in 2020

Saudi Aramco announced that it aims to pay a $75 billion dividends in 2020 as it prepares for an initial public offering (IPO).

Aramco to Supply Agreed Grades, Volumes of Crude Oil to Reliance

Saudi Aramco will provide India’s Reliance Industries with agreed volumes and grades of crude oil in October 2019.

Saudi Arabia Restores Gas Production: Minister

Saudi Arabia’s ethane production gas now reached 900 million standard cubic feet per day (mscf/d), while current local demand stands at 940 mscf/d, according to Saudi Minister of Energy Prince Abdulaziz bin Salman ...

Saudi Aramco’s IPO Could See 10% Float

Saudi Arabia considers expanding the initial public offering (IPO) of Saudi Aramco by floating a 10% stake, instead of 5% as previously planned.

Aramco Promotes iktva Program in Asia

Aramco Asia has recently organized a series of events in the Asia-Pacific region to promote Saudi Aramco’s iktva localization program and attract Asian investors and suppliers.

Saudi Aramco Restores 75% of Halted Production

Saudi Arabia has recovered around 75% of the production lost due to the recent drone attacks on two major oil plants in Khurais and Abqaiq.

Aramco Adds New Banks to IPO Managers List

Saudi Aramco has reportedly chosen Barclays, BNP Paribas, Credit Agricole, Societe Generale, Deutsche Bank, Gulf International Bank, and UBS Group as managers of its planned initial public offering (IPO).

Aramco, Weatherford Ink Procurement Deal

Saudi Aramco and Weatherford International have signed a five-year corporate procurement agreement to deliver cementation, completions, liners, solid expendables and casing exit technologies.

Saudi Aramco Acquires Shell’s Stake in SASREF

Saudi Aramco announced that it has completed the acquisition of Shell Saudi Arabia Refining’s 50% interest of the Saudi Aramco Shell Refinery (SASREF).

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