Aramco delivers 1st crude cargo to China's CNOOC
(Trade Arabia - 31/08/2017)
The China National Offshore Oil Corporation (CNOOC) recently received the first-ever cargo of Arabian crude oil from Saudi Aramco at its flagship Huizhou refinery in South China's Guangdong Province The original 240,000 barrel per day (bpd) refinery has
Dow plans to boost stake in Sadara JV to 50 percen
(Saudi Gazette - 29/08/2017)
The Dow Chemical Company and the Saudi Arabian Oil Company (Saudi Aramco) on Monday announced a non-binding Memorandum of Understanding (MOU) that sets forth a process for Dow to acquire an additional 15 percent ownership interest from Saudi Aramco in
Saudi Aramco receives bids for contracts in gas expansion drive
(Gulfnews - 24/08/2017)
Saudi Aramco has received bids from international engineering companies to build gas booster compressor stations at Haradh and Hawiyah, industry sources said, as the country plans to diversify its energy mix. The contracts are part of a $4 billion scheme
Saudi Arabia favours New York for Aramco listin
(Times of Oman - 13/08/2017)
Saudi Arabia favours New York for the main foreign listing of state oil giant Saudi Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters. A
Aramco signs major deal for maritime industries complex
(Trade Arabia - 09/08/2017)
Saudi Aramco has signed a contract with a consortium comprising Saudi Archirodon Company and Huta Hegerfeld AG Saudia Company for dredging, reclamation and marine structures for King Salman International Complex for Maritime Industries and Services in
Aramco awards first major contract for King Salman International Compl
(Saudi Gazette - 09/08/2017)
Saudi Aramco signed a contract with a consortium comprising Saudi Archirodon Company Ltd and Huta Hegerfeld AG Saudia Company for dredging, reclamation and marine structures for King Salman International Complex for Maritime Industries and Services in
New York wants Saudi Aramco and other Gulf IPOs: Top NYSE official
(Arab News - 09/08/2017)
The New York Stock Exchange, the world's biggest stock market, has launched a campaign to convince Middle East companies that it is the best place for big initial public offerings (IPOs), including the record-breaking forthcoming listing of Saudi Aramco.
Aramco pits London against New York as Saudis pick venue for IPO
(Gulfnews - 03/08/2017)
Saudi Arabia aims to sell about 5 per cent of Saudi Aramco in an initial public offering next year, and stock exchanges from the UK to Japan are vying for what may be the world's richest IPO. The Saudi crown prince, Mohammed bin Salman, will soon decide
Aramco raises light crude pricing to Asia amid tightening
(Gulfnews - 02/08/2017)
Saudi Arabia, the world's largest crude exporter, raised pricing for September sales of its light oil grades to Asia in a sign that the market in the region is tightening. State-owned Saudi Arabian Oil Co (Saudi Aramco), increased its official pricing
Saudi Aramco IPO Pits London Against New York
(Bloomberg - 01/08/2017)
Saudi Arabia aims to sell about 5 percent of Saudi Aramco in an initial public offering next year, and stock exchanges from the U.K. to Japan are vying for what may be the world's richest IPO. The Saudi crown prince, Mohammed bin Salman, will soon decide
Saudis said to weigh oil-price linked tax for Aramco before IPO
(Gulfnews - 01/08/2017)
Saudi Arabia is considering a flexible tax system for state-owned oil company Aramco that would increase royalty payments when crude prices rise, according to people familiar with the deliberations. Riyadh is mulling a proposal from Saudi Aramco to
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