#aramco

Aramco acquires stake in EIG’s MidOcean Energy

FTAI Infrastructure inks deal with Aramco subsidiary to boost oil supply to Texas terminal

The world’s largest oil firm has been expanding its trading activity

Saudi Arabia plans Aramco share sale as soon as June

Saudi Aramco shares trade higher after share offering

The world’s top oil exporter has been seeking to bring in international investment as it launches a range of projects as the Saudi government seeks to diversify its oil-based economy

Aramco allocate about 60% of share sale to foreign funds

Over half of Aramco share sale allocated to foreign investors

International demand for the secondary share sale was greater than for Aramco’s IPO in 2019

Aramco to raise $11.2bn from stock offering

Saudi Aramco set to raise $11.2bn after selling shares at lower end of expectations

The oil behemoth’s shares were priced at $7.27 (SAR27.25), near the bottom of a SAR26.7 to SAR29 range used in marketing the sale

Sinopec reportedly secures $1.1bn contract to construct gas pipelines for Aramco

Sinopec reportedly secures $1.1bn contract to construct gas pipelines for Aramco

The contract is for the procurement and construction of the third phase of the master gas system in Saudi Arabia

Saudi Arabia set to raise over $11.2bn from Aramco stock offering

Saudi Arabia set to raise over $11.2bn from Aramco stock offering

The state-owned energy firm’s bankers have told investors it plans to price the shares at $7.27 (SAR27.25) each

Aramco in LNG talks with US firms Tellurian, NextDecade

Saudi Aramco holding LNG talks with US firms Tellurian, NextDecade

The state-owned energy firm seeks to strengthen its position in the global LNG market, which is set to grow globally by 50 per cent by 2030

Aramco, FIFA sign four-year global partnership

Aramco share sale ‘overbooked’ as oil giant looks to raise over $10bn

Saudi Arabia is offering investors about 1.545 billion Aramco shares, or 0.64 per cent

Aramco may announce landmark $10bn share sale Sunday

Aramco completes acquisition of 40% stake in Gas & Oil Pakistan

Aramco’s significant pickup of a stake in Gas & Oil Pakistan was first announced in December last year

Saudi Arabia seeks up to $12bn in Aramco share sale

Saudi Arabia sets up new Aramco share sale that could raise $13.1bn

The deal’s value could rise to $13.1bn at the top end under a greenshoe option, which would allow the sale of nearly 1.7 billion shares

Aramco may announce landmark $10bn share sale Sunday

Aramco’s $10bn secondary offering set for Sunday, says report

The share offering is expected to be priced at a further discount of as much as 10 per cent to the trading price

Amin-Nasser Aramco CEO

Saudi Aramco’s Amin Nasser: Homegrown engineer who reached the top

Nasser has become highly popular at Aramco, by promoting a decentralised culture and spending time with both leaders and workers, as per analysts tracking the oil giant’s growth

Saudi Arabia plans Aramco share sale as soon as June

Saudi Arabia plans Aramco share sale as soon as June

The energy firm expects to pay $31bn in dividends, despite reporting lower earnings for the first quarter

UAE’s ADNOC planning US trading expansion

UAE’s ADNOC planning US trading expansion

ADNOC has been stepping up its global expansion in recent years, including building trading operations since 2018

Saudi Aramco lines up banks for potential share sale

Shell, Aramco in final stage of Pavilion Energy talks: Reports

Shell has said it believes gas and LNG will play a critical role in the energy transition by replacing more polluting coal in power plants

Saudi Aramco lines up banks for potential share sale

CERAWeek: Saudi Aramco gas output to rise 60% by 2030

Speaking at one of the biggest energy conferences in the world, Aramco has backed forecasts of continued demand for traditional fossil fuels

ADNOC signs 15-year LNG supply deal with SEFE

ADNOC signs 15-year LNG supply deal with Germany’s SEFE

ADNOC has sharpened its focus on natural gas, seeing it as a transition fuel, as the world tries to curb planet-warming emissions

Aramco CEO: “We should abandon the fantasy of phasing out oil and gas”

Amin Nasser, CEO of Saudi Aramco, has made the remarks at the 2024 CERAWeek being hosted in Houston, Texas this week

PIF

PIF world’s fifth largest sovereign wealth fund post Aramco stake transfer

The PIF currently ranks number five globally in terms of sovereign wealth funds by asset size

Global carbon markets value hit record $949bn in 2023

CarbonCapture raises $80m from Saudi Aramco, others

CarbonCapture builds modular machines that contain material that absorbs carbon dioxide when cooled and releases it when heated

Aramco

Aramco boosts 2023 dividends 30% with second-highest profit on record

Aramco’s shares were up about 1.7 per cent to SAR32.3 a share, slightly above their 2019 IPO price of SAR32

Saudi Arabia transfers 8% Aramco stake to PIF

Saudi Arabia doubles sovereign fund’s stake in Aramco

The fund has held a 4 per cent stake in Aramco since 2022 and indirectly holds another 4 per cent that was transferred last year to Sanabil

LEAP 2024

LEAP 2024: AWS, IBM, Dell and other tech firms commit massive $11.9bn in investments

The announcement underscores Saudi Arabia’s position as a growing tech powerhouse in the region

Saudi Aramco likely to issue a bond in 2024

Saudi Aramco likely to issue a bond in 2024, CFO says

The state-owned energy firm last tapped global debt markets in 2021, when it raised $6bn from the sale of a three-tranche sukuk

Saudi Aramco - oil minister

Saudi Arabia to focus on energy transition, Aramco to maintain capacity: Prince Abdulaziz

Aramco chief executive Amin Nasser said he expected oil demand to increase to 104 million bpd this year and to 105 million bpd in 2025

Saudi Aramco lines up banks for potential share sale

Saudi Arabia poised for new Aramco share sale: Report

The government has lined up Citigroup, Goldman Sachs and HSBC for the sale, which could take place in the second or third quarter of this year

SABIC to build $6.4bn China petrochemical plant

Saudi Arabia’s SABIC gives go-ahead for $6.4bn China petrochemical plant

The complex is expected to be able to produce 1.8 million metric tons of ethylene per year and is designed to expand SABIC’s manufacturing presence in Asia

Saudi's Aramco allocates $4bn to expands global VC programme Image: Getty Images

Energy giant Aramco allocates $4bn to expand global VC programme

Aramco’s venture capital programme supports the development of disruptive new technologies and creates diversification opportunities for Aramco while paving the way for collaborations with innovative startups

Brand Finance reveals list of most valuable and strong Middle East brands GettyImages-1704332489-e1700216889673

Revealed: Here are the Middle East’s most valuable brands

The ranking revealed that Saudi’s Aramco retained its status as the most ‘valuable’ Middle Eastern brand in global ranking, followed by ADNOC and stc

Aramco produces first unconventional gas at South Ghawar

Saudi Aramco produces first unconventional gas at South Ghawar

Commissioned facilities at South Ghawar can process 300 million standard cubic feet per day of raw gas and 38,000 barrels per day of condensate