Oil & GasSaudi Aramco to publish IPO prospectus by month-endPritam BordoloiOctober 9, 2019December 2, 2019 by Pritam BordoloiOctober 9, 2019December 2, 2019 The prospectus will be published in Arabic on October 25 and then in English two days later... Read more
Oil & GasNew Aramco chairman takes charge, assures transparencyInternational Finance DeskSeptember 5, 2019December 17, 2019 by International Finance DeskSeptember 5, 2019December 17, 2019 Yassir Al Rumayyan’s appointment is a clear indication that Saudi Arabia is fast-tracking a local listing of Aramco... Read more
Oil & GasAramco replaces chairman with sovereign wealth fund chiefInternational Finance DeskSeptember 3, 2019December 17, 2019 by International Finance DeskSeptember 3, 2019December 17, 2019 Saudi Arabia plans to separate the Ministry of Energy from Aramco as the state-owned company prepares for IPO... Read more
Oil & GasSaudi Aramco favours Tokyo for international listing of its IPOInternational Finance DeskAugust 30, 2019December 17, 2019 by International Finance DeskAugust 30, 2019December 17, 2019 London and Hong Kong, considered previously for the listing, have been eliminated owing to political uncertainties... Read more
Oil & GasPetrobras privatisation attracts oil giants Aramco and PetroChinaInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019 The privatisation of eight Petrobras’ refineries could raise around $18 bn... Read more
Oil & GasSaudi Aramco valuation gap might complicate its IPOInternational Finance DeskAugust 9, 2019 by International Finance DeskAugust 9, 2019 While Saudi Crown Prince Mohammed Bin Salman is insisting on a US$2 tn valuation, bankers value the company at $1.5 tn... Read more
Wealth ManagementSaudi sovereign wealth fund buys 40% stake in Aramco-Jacobs’ ventureInternational Finance DeskJuly 17, 2019December 23, 2019 by International Finance DeskJuly 17, 2019December 23, 2019 PIF will hold a 30% stake in Jasara from Aramco and 10% from Jacobs Engineering after the transaction is completed... Read more
EnergyDubai’s OSC, Aramco to invest $450 mn in Saudi’s SPARKInternational Finance DeskJuly 12, 2019December 17, 2019 by International Finance DeskJuly 12, 2019December 17, 2019 The project is expected to contribute more than $6 billion to the Saudi Arabia’s GDP... Read more
Oil & GasAs Saudi Aramco prepares to restart IPO, investment banks line upInternational Finance DeskJuly 3, 2019December 18, 2019 by International Finance DeskJuly 3, 2019December 18, 2019 "We have always been clear that the IPO will happen in the 2020-2021 timeframe," Saudi Energy Minister Khalid Al Falih said.... Read more
Oil & GasIndia finally allocates land for $44 bn refinery with Adnoc, AramcoInternational Finance DeskJune 21, 2019 by International Finance DeskJune 21, 2019 Aramco and ADNOC inch closer to building the oil refinery in Raigad district of Maharashtra, India... Read more