Keyword: Saudi Aramco

News

Aramco Valuation Misses Prince’s Target

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...

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Aramco List Prospectus Outlines Investment Risks

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...

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Aramco to Delay Payment on SABIC Acquisition

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...

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Air Products in Final Talks on Saudi JV

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...

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Drone Strike may Impact Aramco’s Output

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...

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McDermott Wins Saudi Amiral Work

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...

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BP Mulls Acetic Acid JV in China

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...

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Aramco Delays Long-awaited IPO Again

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...