Tag: Saudi Aramco
Saudi Aramco makes 4 new discoveries across Kingdom
(Arab News) Saudi Arabia state oil company Saudi Aramco has discovered four new oil and gas fields in different locations around the country, the...
Aramco may have to sell assets, borrow more to maintain Saudi...
(Reuters) - Oil giant Aramco, whose dividend remains vital to helping Saudi Arabia contain a huge deficit, may have to sell assets, and borrow...
Houthis forces fired missile at Saudi Aramco oil site in Jeddah
(Reuters) - Yemeni Houthi forces fired a missile that struck a Saudi Aramco oil company distribution station in Saudi Arabia’s Red Sea city of...
Saipem enters 12-year agreement with Saudi Aramco
Saipem has signed a Long-Term Agreement (LTA) with Saudi Aramco for onshore engineering and construction activities. The deal, which is for a duration of...
Aramco discovers two new oil and gas fields in northern Saudi...
(Bloomberg) - Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported,...
Demand for oil will remain above 100 million barrels per day...
The global demand for oil is expected to remain over 100 million barrels per day according to Saudi Aramco CEO Amin Nasser, signaling good...
Aramco CEO says oil’s ‘central bank’ can handle any disruption
(Bloomberg) Aramco’s quick recovery from the attacks on its Abqaiq oil facility shows resilience and flexibility that’s without parallel in the industry, proving to...
Saudi Aramco touches $2 trillion in value on second day of...
(The Guardian) Saudi Aramco has touched a market value of $2tn a day after the Saudi state-backed oil company made its stock market debut. The shares...
Saudi Aramco targeting up to $1.7 trillion in IPO valuation
Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much...
Saudi Aramco IPO: World’s most profitable company to go public
(BBC) Saudi Aramco has confirmed it is planning to list on the Riyadh stock exchange, in what could be the world's biggest initial public...