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Saudi Arabia opened its market to direct investment by foreign institutional investors in mid-2015.
Read More »Saudi to Ease Foreign Investment Regulation
OPEC won`t React to Small. Short-Lived Oil Supply Disruptions
Saudi Arabia. OPEC’s de-facto leader. wants to see oil prices above $60 a barrel.
Read More »Saudi Aramco Seek Adviser for Global Gas Deals
Aramco in late 2017 invited international banks to pitch for the advisory role to help identify acquisition targets.
Read More »Aramco Converts to Joint Stock Company Ahead of IPO
The listing could raise up to $100billion and could go ahead in the second half of 2018.
Read More »Schlumberger to Build Land Rigs at King Salman Energy Park
The new center will manufacture products for drilling. exploration and production. as well as midstream.
Read More »Saudi Aramco Faces a Momentous Year as IPO Deadline Apears
The sale of shares in Aramco is a complex and significant financial transaction.
Read More »Saudi Aramco Launches Shipyard Joint Venture
Initial production and service operations are expected to commence in 2019.
Read More »Saudi Aramco Ink Pacts to Build two Industrial Units
The company plans to build an onshore drilling rig facility and a casting and forging unit in Ras Al Khair.
Read More »Saudi Aramco has supplied 1 million barrels of crude to Egyptian refineries
Saudi Aramco. the world’s largest oil producer. has supplied 1 million barrels of crude oil to Egyptian refineries. Egypt’s Petroleum Minister Tarek El Molla told Reuters on Sunday.
Read More »Saudi Arabia Plans to Hike Petrol Prices by 80%
The world’s largest oil exporter has taken several austerity measures over the past two years to eliminate the impact of low oil prices.
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