Aramc to sell 0.5% shares to individual investors
The Saudi government will have a lock-in period of a year on further share sales after the IPO...
Tag : oil and gas
Brazil oil auction fails to achieve the $26 billion target
Petrobras acquired 90% of the Buzios oil field, China’s CNOOC and CNODC acquired the other 10%...
UAE overtakes Kuwait as holder of 6th largest oil and gas reserves
The SPC has also approved the move to list Murban crude on a globally-recognised exchange to improve its sales...
Saudi Aramco aims for $ 1.6 tn to $1.8 tn valuation at IPO
Aramco made a net income of $111 billion in 2018, making it the most profitable of any global corporations...
Lukoil, Aramco to jointly explore oil opportunities in Africa
Lukoil plans to strengthen its presence in West Africa...
Dragon Oil buys BP’s Egyptian concessions, to invest $1 bn
Dragon Oil to increase production to above 75,000 bpd for the next 10 years...
Aramco and other oil giants to bid for stake in India’s BPCL
The government of India is looking to offload its 53.29% stake in Bharat Petroleum after privatisation was approved on September 30...
Adnoc and partners to develop $4 bn chemical complex in India
Adnoc, along with Adani Group, German chemical giant BASF and Austria's Borealis will develop the complex in Mundra, Gujarat by 2024...
Aramco to pay up to $450 mn as fees to IPO advisors
Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco...
Petrobras awards $5.4 bn service contracts to Malaysia’s Yinson
The contracts awarded by Petrobras are for a period of 25 years starting from the date of acceptance...