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.
Saudi Aramco | Egypt Oil & Gas - Part 9
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).
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 Resumes Oil Loadings
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.
Restoring Saudi Oil Production Could Take Weeks
It could take weeks before Saudi Arabia restores its full oil production capacity after two Aramco oil plants were subject to drone attacks.
Aramco Selects Nine IPO Managers
Saudi Aramco has hired nine banks as joint managers of the company’s planned initial public offering (IPO).
