Aramco listing remains top priority
(The National - 22/06/2017)
The elevation of Mohammed bin Salman to crown prince of Saudi Arabia solidifies the young royal's drive to privatise the state oil company Saudi Aramco, although formidable obstacles to a public share listing remain. A public listing of Aramco has been
Saudi Aramco takes steps to maximize IPO valuation
(Arab News - 20/06/2017)
The government of Saudi Arabia and Saudi Aramco are taking further steps toward maximizing the value of the state-owned oil giant in preparation for the sale of shares to citizens and international investors next year, according to reports. The measures
Emerson seals key partnership deal with Aramco
(Trade Arabia - 13/06/2017)
Emerson, a global technology and engineering company, said it has signed an agreement with Saudi Aramco to collaborate on digital transformation of the global oil giant's operations in the kingdom. The memorandum of understanding (MoU) was inked by David
Saudi bourse may get limited boost from MSCI, Aramco
(Gulfnews - 12/06/2017)
Saudi Arabia's financial sector is hoping for tens of billions of dollars of foreign portfolio funds to start flowing into the country this month, but the money may do little to boost a stock market depressed by low oil prices and rising taxes. On June
Aramco said to raise crude pricing to Asia on increased demand
(Gulfnews - 05/06/2017)
Saudi Arabia, the world's largest oil exporter, raised pricing for sales of all crude grades to Asia for July amid higher demand and better profits for refiners in the region, according to a person with knowledge of the situation. State-owned Saudi
Bahrain sovereign fund hopes to invest in Saudi Aramco IPO
(Arab News - 02/06/2017)
Russia: Bahrain's sovereign wealth fund Mumtalakat hopes to take part in the initial public offering (IPO) of shares in Saudi Aramco, the fund's Chief Executive Mahmood Alkooheji told Reuters, predicting additional opportunities from the kingdom's reform
Amec clinches 5-year deal Saudi Aramco
(Energy Voice - 01/06/2017)
Amec Foster Wheeler (AFW) has clinched a deal to provide Saudi Aramco with engineering and management services for a major oilfield development. AFW, which recently announced a planned merger with Wood Group, will work with Aramco on its Marjan offshore
Saudi Aramco signs deals to build Gulf's biggest shipyard
(Arab News - 01/06/2017)
Saudi Aramco plans to build the Gulf's largest shipyard through a joint venture with three companies that it announced on Wednesday, a $5.2 billion project aimed at helping reduce the economy's reliance on oil. Aramco signed an agreement with Lamprell
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