Keyword: Saudi Aramco

News

Aramco Plans IPO in Riyadh

15.09.2019 - Saudi Aramco plans to list 1% of its shares on the Riyadh Stock Exchange by the end of 2019 and another 1% in 2020, sources familiar with the matter have told Reuters newswire...

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Saudi Energy Minister Al-Falih Replaced with Prince

12.09.2019 - Shortly after he was replaced as chairman of Saudi Aramco, the Saudi government has replaced Khalid al-Falih as energy minister. Taking this job will be Prince Abdulaziz bin Salman...

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Aramco Chair Shuffle Hints at IPO Progress

08.09.2019 - Saudi Arabia’s energy minister Khalid al-Falih has been removed as chairman of the country’s flagship company Saudi Aramco, which is also the world’s largest oil company. The move...

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Saudi Aramco Buys into Reliance Refinery

15.08.2019 - Following up plans hinted at last spring by The Times of India, Saudi Aramco has signed a non-binding Letter of Intent (LOI) to acquire a 20% stake in the Oil-to-Chemicals division...

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McDermott Buys Siluria Technologies

06.08.2019 - US engineering contractor McDermott International has acquired the assets and intellectual property of Siluria Technologies for an undisclosed sum. The transaction, which McDermott...

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Ineos to Invest $2 Billion in Saudi Arabia

04.06.2019 - In its first foray into the Middle East, Ineos has signed a Memorandum of Understanding with Saudi Aramco and French energy and chemicals group Total to build three new plants in...

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Aramco Buys out Shell in Sasref JV

25.04.2019 - Saudi Aramco has agreed to buy Shell’s 50% stake in their Sasref oil refinery joint venture for $631 million. The deal, one of several that Aramco has struck in recent weeks, is...

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Aramco Buys 17% of South Korean Refiner

23.04.2019 - Saudi Aramco is continuing its buying spree. Just before the Easter holiday, the oil giant and Hyundai Heavy Industries Holdings announced an agreement for Aramco’s Netherlands...