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...
Tag : Saudi Aramco
Lukoil, Aramco to jointly explore oil opportunities in Africa
Lukoil plans to strengthen its presence in West Africa...
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...
Aramco, Adnoc plan investments in Nigeria’s oil and gas sector
The companies are also exploring opportunities to supply gasoline to West Africa through Nigeria...
Saudi Arabia joins US-led maritime coalition to protect oil shipping
Currently, the US, the UK, Bahrain and Australia are the only member countries of the task force...
Citi, Goldman Sachs, HSBC and Samba likely to be part of Aramco IPO
JP Morgan might win the lead advisory role for Aramco’s IPO transaction...
New Aramco chairman takes charge, assures transparency
Yassir Al Rumayyan’s appointment is a clear indication that Saudi Arabia is fast-tracking a local listing of Aramco...
Aramco replaces chairman with sovereign wealth fund chief
Saudi Arabia plans to separate the Ministry of Energy from Aramco as the state-owned company prepares for IPO...
Lazard and Moelis to advise Saudi Aramco on planned IPO
The two banks aim to ensure Saudi Aramco reaches the expected valuation of $100 billion from a 5 percent stake sale in the company...
Saudi Aramco buys 20% in Reliance’s OTC business for $15 bn
The deal is India's largest foreign direct investment till date...