Saudi Aramco to invest $7b in Malaysia oil refinery
(The Gulf Today - 28/02/2017)
Malaysia's Prime Minister Najib Razak announced on Monday that Saudi Arabia's state oil company Saudi Aramco will invest $7 billion into an oil refinery and petrochemical project in Malaysia's southern state of Johor. Najib said the decision was made
Saudi Arabia $2tr Aramco vision runs into market reality
(Gulfnews - 27/02/2017)
Saudi Arabia has said oil giant Saudi Aramco is worth more than $2 trillion, enough to consume Apple Inc. twice, and still have room for Google parent Alphabet Inc. The kingdom may have to settle for less. A lot less. Industry executives, analysts and
Saudi Arabia $2tr Aramco vision runs into market reality
(Gulfnews - 26/02/2017)
Saudi Arabia has said oil giant Saudi Aramco is worth more than $2 trillion (Dh7.34 trillion), enough to consume Apple Inc twice, and still have room for Google parent Alphabet Inc. Industry executives, analysts and investors told Bloomberg their
Aramco IPO underpins Saudi Arabia's economic overhaul
(Bloomberg - 24/02/2017)
Saudi Arabia has said oil giant Saudi Aramco is worth more than $2 trillion, enough to consume Apple Inc. twice, and still have room for Google parent Alphabet Inc. The kingdom may have to settle for less. A lot less. Industry executives, analysts and
Saudi Aramco recruits JPMorgan,Morgan Stanley for IPO,HSBC a contender
(The Peninsula - 23/02/2017)
Oil giant Saudi Aramco has asked JPMorgan Chase & Co and Morgan Stanley to assist with its mammoth initial public share offer and could call on another bank with access to Chinese investors, a source with direct knowledge of the matter said. The U.S.
Petronas, Aramco to sign deal on RAPID refinery project
(Oman Daily Observer - 23/02/2017)
Malaysia's state oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco are expected to sign an agreement to collaborate in Malaysia's Refinery and Petrochemical Integrated Development (RAPID) project, two industry sources said on Wednesday.
Six banks pitched for Aramco IPO
(Saudi Gazette - 22/02/2017)
Saudi Aramco has received proposals from at least six banks for an advisory role on the firm>s planned initial public offering on the Saudi stock exchange, sources familiar with the process told Reuters on Tuesday. Saudi authorities are planning to list
Aramaco, A giant IPO on track
(Arab News - 19/02/2017)
The largest initial public offering (IPO) in history seems to be on track. On Friday, the Financial Times newspaper reported that Saudi Arabia is close to appointing the banks that will be lead underwriters on the IPO of Saudi Aramco, the world's largest
Saudi Aramco said to pick Moelis to advise on biggest IPO
(Gulfnews - 09/02/2017)
Saudi Arabian Oil Co. hired Moelis & Co. to advise on its initial public offering, according to people familiar with the matter, as it pushes ahead with plans to pursue the world's biggest share sale. The New York-based boutique investment bank had been
Saudi Aramco to borrow up to 6b riyals with domestic sukuk - sources
(Gulfnews - 08/02/2017)
A planned domestic sukuk issue by oil giant Saudi Aramco is likely to be in the region of 3 to 6 billion riyals ($800 million to $1.6 billion), Saudi Arabia-based debt capital market bankers said on Tuesday. It would be the first sukuk issue by the state
Aramco to have the right to book Saudi oil reserves'
(Gulf Times - 02/02/2017)
Saudi Aramco will have the right to book the kingdom's oil reserves through the initial public offering (IPO) it plans for next year, Energy Minister Khalid al-Falih said yesterday. "The reserves under the ground are by constitution owned by the state
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