Aramco's only IPO foray provides a cautionary tale
(Gulf Times - 28/05/2017)
Since the Saudi state-owned oil giant Saudi Aramco sold shares in Rabigh Refining and Petrochemical Co in 2008, the facility has provided a peek into a small corner of its operations. With few other clues available as Saudi Arabia prepares a massive
In Aramco IPO pitch, Canada plays up its natural resources expertise
(Gulfnews - 28/05/2017)
The Toronto Stock Exchange's efforts to win a slice of the massive Saudi Aramco public listing plays up the country's deep experience in natural resources as part of a broader offer to help the kingdom with its shift away from oil dependence. In pitch
Honeywell, Aramco sign agreement for advanced digitisation in Oil&Gas
(ME Construction News - 24/05/2017)
Honeywell and Saudi Aramco have signed a memorandum of understanding (MoU) for implementing the Industrial Internet of Things (IIoT) and advanced digitisation within Saudi Aramco's operations. A statement from Honeywell said that under the agreement, the
Saudi Arabia Signs $50 Billion Worth Of Oil Deals With The U.S.
(OilPrices.com - 24/05/2017)
U.S. companies signed billions of dollars worth of deals with Saudi Arabia's oil and gas industry during President Donald Trump's visit to the Kingdom over the weekend, boosting bilateral business ties while the oil market continues to follow the
Saudi Aramco eyes $50bn deals with US companies
(Trade Arabia - 21/05/2017)
State oil giant Saudi Aramco is set to sign deals worth $50 billion with US companies on Saturday, the first day of President Donald Trump's visit to the kingdom, reported Bloomberg, citing its top official. Aramco will sign initial accords and
Aramco, Honeywell ink MOU in support of IKTVA program
(Saudi Gazette - 21/05/2017)
Honeywell and Saudi Aramco Saturday announced they have signed a memorandum of understanding (MOU) that advances the In-Kingdom Total Value Add (IKTVA) Program; a program that drives localization of content. As part of the agreement, Honeywell will
Aramco to establish hospitality training center for Saudi youth
(Saudi Gazette - 18/05/2017)
Saudi Aramco signed a Memorandum of Understanding with the Technical and Vocational Training Corporation (TVTC) and the Saudi Commission for Tourism and National Heritage (SCTH) to establish the National Training Center for Facilities and Hospitality
Saudi Aramco said to make leadership changes ahead of IPO
(Gulfnews - 17/05/2017)
Saudi Arabian Oil Co has promoted eight executives to top positions, including a senior vice-president for downstream operations, as it seeks to double refining capacity and expand natural gas and chemical businesses ahead of what could be the world
Saudi Aramco Makes Leadership Changes Ahead of IPO Plans
(Bloomberg - 16/05/2017)
Saudi Arabian Oil Co. has promoted eight executives to top positions, including a senior vice president for downstream operations, as it seeks to double refining capacity and expand natural gas and chemical businesses ahead of what could be the world
Aramco awards new offshore platforms contract to NPCC
(Trade Arabia - 16/05/2017)
Saudi Aramco has awarded the National Petroleum Construction Company (NPCC) a new contract for four offshore platforms and associated submarine pipelines, cables and tie ins for Al Safaniya, Zuluf and Berri oilfields. "These EPC contracts for Al
Aramco makes internal promotions
(The National - 16/05/2017)
Saudi Aramco has promoted eight executives to top positions, including a senior vice president for downstream operations, as it seeks to double refining capacity and expand natural gas and chemical businesses ahead of what could be the world biggest
Aramco boosts fuel trading in fight for Asia, Africa sales
(Gulf Times - 15/05/2017)
Saudi Aramco is seeking to boost its fuel-trading volume by more than a third as the world's biggest crude exporter expands its capacity to refine oil to grab a bigger share of growing markets in Asia and Africa. Aramco, as Saudi Arabian Oil Co is known,
Aramco 'close to selecting infrastructure projects partner'
(Trade Arabia - 14/05/2017)
Oil giant Saudi Aramco is close to selecting a partner for a joint venture it plans to set up to oversee government-related infrastructure projects in Saudi Arabia, said a report, citing sources familiar with the matter. US-based Jacobs Engineering is
Known unknowns' critical issues when valuing Aramco
(Saudi Gazette - 11/05/2017)
WHILE there is consensus that the public listing of the Kingdom of Saudi Arabia's crown jewel, Saudi Aramco, could very likely be the biggest the world has ever seen, valuations of the state-owned oil company vary widely. Some have put forward a
Known unknowns' critical issues when valuing Aramco
(Saudi Gazette - 11/05/2017)
WHILE there is consensus that the public listing of the Kingdom of Saudi Arabia's crown jewel, Saudi Aramco, could very likely be the biggest the world has ever seen, valuations of the state-owned oil company vary widely. Some have put forward a
NYSE team to visit KSA as Aramco IPO listing anticipated
(Saudi Gazette - 11/05/2017)
A New York Stock Exchange (NYSE) delegation will visit Saudi Arabia in late May to try to lure a listing by state oil giant Saudi Aramco, industry sources familiar with the matter said. The visit will follow a similar trip to Riyadh last month by London
Saudis take 100% control of America's largest oil refinery
(CNN - 07/05/2017)
Saudi Aramco, the kingdom's state-owned oil behemoth, took 100% control of the sprawling Port Arthur refinery in Texas on Monday, completing a deal that was first announced last year. Port Arthur is considered the crown jewel of the US refinery system.
Saudi to Keep Full Control of Reserves, Output After Aramco IPO
(Bloomberg - 03/05/2017)
Saudi Arabia will retain full ownership of its oil and gas reserves and sole decision-making authority on production levels after Saudi Arabian Oil Co.'s long-awaited initial public offering, Deputy Crown Prince Mohammed bin Salman said in interview
SNC-Lavalin wins Saudi Aramco contract
(Hydrocarbon Engineering - 02/05/2017)
SNC-Lavalin has been awarded a contract by Saudi Aramco for engineering and project management services for the Berri Increment Program. New facilities are proposed at Saudi Aramco's Abu Ali and Khursaniyah plants to process a potential increased output
Why China's Sinopec and Saudi Aramco cross paths
(South China Morning Post - 02/05/2017)
Sinopec, the world's second largest oil refiner, and Saudi Aramco, the world's largest crude oil producer, focus on different sections of the supply chain, but they share a common need to tap international capital markets as part of reform to enhance
Saudi Aramco to boost oil loading capacity with reopened terminal
(Gulfnews - 02/05/2017)
State oil giant Saudi Aramco plans to launch its overhauled Muajjiz oil terminal on the Red Sea next year, lifting its total loading and export capacity to as much as 15 million barrels per day, Saudi officials said. Located on the Red Sea, Muajjiz had
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