18.11.2019
- As it prepares for an initial public offering, Saudi Arabia has assigned a preliminary valuation of state-owned oil group Aramco, spanning a range of $1.6 -$1.71 trillion. This is...
12.11.2019
- Saudi Aramco published the long expected prospectus for its planned listing on in Riyadh’s Tadawul stock exchange on Nov. 9. While 650 pages long, commentators said the document...
06.11.2019
- Under a revised agreement between the two Saudi companies inked in October, Saudi Aramco will delay fully paying for the $69.1 billion acquisition of a 70% stake in SABIC by four...
01.11.2019
- US industrial gases manufacturer Air Products is in final negotiations to form a joint venture with Saudi Aramco, ACWA Power and Air Products Qudra to acquire gasification, power...
29.10.2019
- Saudi chemicals giant Sabic has quantified the impact of September’s drone attack on oil facilities of its now almost-parent company Saudi Aramco last month at 400,000-500,000 t of...
28.10.2019
- Major US contractor McDermott International has been awarded a “large” contract (worth between $50 million and $250 million) for Aramco and Total’s joint-venture Amiral...
22.10.2019
- BP has signed a Memorandum of Understanding (MoU) with Zheijiang Petroleum and Chemical Corporation (ZPCC) to explore establishing a 50:50 joint venture to build and operate a 1...
21.10.2019
- Saudi Aramco has once again pulled the plug on the imminently expected launch of its long anticipated initial public offering (ipo), which if it ever gets off the ground could be...