Tag Archives: Saudi Aramco

Under the $590 million deal. Tekfen will build satellite gas compression plants pipelines for the Haradh Gas Increment Program.

Aramco has appointed JPMorgan Chase &. Co and Morgan Stanley to advise on the SABIC deal.

JPMorgan and Morgan Stanley have been picked to advise on Aramco’s plan to buy up to a 70 percent stake in the petrochemical maker.

Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.

Oil producer has alternative channels to transport crude to its customers in Europe.

Aramco pumps around 10 million bpd of crude oil.

Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).

The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.

Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.

GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.