Saudi Aramco Delays PetroChina Oil Loadings
Saudi Aramco has delayed light crude oil loadings to PetroChina for October delivery by about 10 days.
Saudi Aramco has delayed light crude oil loadings to PetroChina for October delivery by about 10 days.
Saudi Aramco has reportedly told some of its clients that vessel loading has resumed following disruptions caused by recent drone attacks on oil facilities in Khurais and Abqaiq.
It could take weeks before Saudi Arabia restores its full oil production capacity after two Aramco oil plants were subject to drone attacks.
Saudi Aramco has hired nine banks as joint managers of the company’s planned initial public offering (IPO).
Saudi Aramco is planning to list 1% of its shares on the Saudi Stock Exchange (Tadawul) before the end of 2019, and then another 1% stake next year.
Saudi Aramco is expected to give lead roles to JPMorgan Chase, Morgan Stanley, and National Commercial Bank (Al-Ahli NCB) for its planned initial public offering (IPO).
Subsea 7 confirmed that it was has been awarded three offshore contracts by Saudi Aramco, under the long term agreement between the two companies.
Saudi Aramco announced that it has signed a Memorandum of Understanding (MoU) with the Zhejiang Free Trade Zone (FTZ).
Saudi Aramco has awarded Dar Al-Handasah a general engineering and project management services infrastructure (GESi) contract.
The Governor of the Saudi Public Investment Fund (PIF), Yasir Al-Rumayyan, has been appointed as the new Chairman of Saudi Aramco.