Tag Archives: Saudi Aramco

The oilfield is one of the three major offshore expansion projects in Saudi Arabia.

The October OSPs will also mark the first change in Saudi’s crude price benchmarks since the mid-1980s.

When the IPO was initially flagged in 2016. Saudi officials hoped it would raise as much as $100 billion.

Almost 16 banks are expected to participate in the lending process. with the lead banks to be selected later Thursday.

To prepare for the listing of Saudi Aramco. the government has undertaken a number of major preparatory measures.

The government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum.

Earlier this month. Yemen was said to have resumed oil exports.

Saudi Aramco is committed to playing its unique part in meeting the world’s energy needs today and tomorrow.

Last year. Saudi Aramco reinforced its premier upstream oil and gas position.

Saudi Aramco is moving steadily to build a world leading position in the downstream segment of the business.