Aramco is now only company in the world with $2tn valuation
Aramco’s stocks gained 10% on their second day of trading...
Tag : Saudi Arabia oil and gas
Investor appetite pushes Aramco valuation to $1.88 tn
Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday...
Experts: $2 tn valuation possible for Aramco
High demand, reducing production and incentivising shares could drive share prices up...
Aramco allocates 23% shares to non-Saudi investors in IPO
Aramco is expected to list 1.5% of its shares on the Tadawul later this week...
Aramco-Adnoc refinery in India to cost 2X of estimated price
The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn...
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...
Temasek to pull out from Saudi Aramco IPO investment
The withdrawal is attributed to environmental concerns that do not align with Temasek’s ESG assessments...
McDermott wins two contracts worth $4.5 bn for Aramco’s mega project
The Marjan Increment Development Project is anticipated to increase production from 500,000 to 800,000 barrels per day...