Aramco advisers suggest London for IPO: report
(Trade Arabia - 30/07/2017)
Advisers to the proposed public issue of shares of Saudi Aramco, the world's largest oil and gas company, have recommended London for the listing of the shares, according to a Reuters report. Saudi Aramco plans to offer 5 per cent of its shares in the
Aramco in partnership with SAP to develop a digital marketplace
(Saudi Gazette - 19/07/2017)
SAP is partnering with Saudi Aramco in creating a new solutions platform to enable Saudi Aramco to launch a digital business marketplace with thousands of Saudi Aramco buyers and suppliers in partnership with SAP Ariba. Saudi Aramco says the move forms
Aramco's strange response to a future oil shortage
(Gulf Times - 17/07/2017)
Let's say you're the holder of the world's largest reserves of conventional, low-cost crude oil and you believe the supply outlook is "increasingly worrying" due to a lack of investment. Enhancing production capacity so as to cash in when prices soar
1st phase of Aramco's industrial city to be completed in 2021
(Arab News - 17/07/2017)
Saudi Energy Minister Khalid Al-Falih said the newly approved industrial energy city project will help localize industries supportive to the energy sector. He said the decision to establish a new energy city aligns with the Vision 2030 and supports vital
Saudi Aramco drilling JV to start commercial ops in Q3
(Trade Arabia - 16/07/2017)
Sanad, a joint venture between state oil giant Saudi Aramco and US-based Nabors Drilling Company is expected to start commercial operations in the third quarter of this year, reported Reuters. The Saudi Aramco joint venture was set up to own, operate and
Saudi Aramco to set up new energy industrial city
(Trade Arabia - 12/07/2017)
State oil giant Saudi Aramco has won approval from the government to set up two new companies that will develop and operate a new energy industrial city in the kingdom, said a report. The Aramco move comes as the kingdom seeks to expand its industrial
Aramco to spend $300b as CEO frets about world oil supply
(Gulfnews - 11/07/2017)
Saudi Aramco, which plans what could be the world's biggest initial public offering, will invest more than $300 billion over the next decade to maintain its spare oil-production capacity and explore for more natural gas, President and Chief Executive
Saudi Aramco IPO to boost sustainable growth, quality jobs
(Trade Arabia - 09/07/2017)
The planned initial public offering (IPO) of Saudi Aramco, the world's biggest oil company, on local and international stock markets is the most notable feature of the kingdom's transformation and will help generate sustainable growth and quality jobs
Japan to raise crude storage capacity for Saudi Aramco
(Arab News - 09/07/2017)
The Japanese government is preparing to raise the crude storage capacity that it lends to Saudi Aramco by 1.9 million barrels (300,000 kiloliters) this summer, the Trade Ministry said on Friday. Japan and Saudi Arabia last October agreed to raise the
Aramco eyes larger slice of chemicals market
(The National - 08/07/2017)
Saudi Arabia's state oil company has made no secret of its intention to expand downstream, but its latest report to the market underlined the top priority the segment has in the company's global master plan. Saudi Aramco's annual report on Thursday was,
Hyundai Heavy Industries Enters Saudi Joint Venture
(Maritime Exective - 05/07/2017)
Hyundai Heavy Industries signed an MOU with Saudi Aramco and Dussur (Saudi Arabian Industrial Investments Company) to set up a joint venture for marine engine and onshore power generation engine businesses on July 4. Under the MOU, the joint venture will
Saipem inks $500m Saudi Aramco EPCI contracts
(Trade Arabia - 05/07/2017)
Italian contractor Saipem has won $500 million contracts from state oil giant Saudi Aramco for EPCI (engineering, procurement, construction and installation) activities at major offshore oilfields. The long-term agreement in force, renewed in 2015 until
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