News

Aramco sealed a $11B Jafurah deal with BlackRock consortium in major lease-leaseback agreement for gas processing facilities.
This significant FDI underscores the value creation potential of Aramco’s current capital investment programme.
BlackRock affiliate Global Infrastructure Partners’ agreement covers lease and leaseback of key gas processing and NGL ...
The number of active oil rigs in Saudi Arabia fell after several oil-field projects aimed at maintaining production capacity were completed, said Aramco Chief Executive Officer Amin Nasser.
Saudi Aramco signed an $11 billion lease and leaseback agreement involving its Jafurah gas processing facilities with a ...
The world’s largest oil company Saudi Aramco has signed an US$11 billion lease and leaseback deal involving its Jafurah gas ...
Saudi Arabian oil company Aramco reported a 22% drop in second-quarter profit on Tuesday, and the world's top oil exporter said it was cutting costs and looking to divest assets as crude prices drop ...
Sudanese economist Mustafa Babiker, who has worked for the Saudi Aramco oil company for almost two decades, was named a ...
Since its $29.4 billion IPO in 2019, Aramco has delivered just 16% shareholder returns—far below Exxon, Shell, and Chevron.
Aramco will receive upfront proceeds of $11bn on completion, highlighting the value creation potential of its ongoing capital ...
Crude oil average prices fell to $66.7 a barrel from $76.3 a barrel in the first quarter of the year, but the company’s dividend was unchanged.
Arabian Gulf Business Insight on MSN1d

Projects worth $90bn underway, says Aramco chief

State oil operator Saudi Aramco has projects under development worth nearly $90 billion, its CEO and president Amin Nasser has said. The world’s largest energy company, which has just signed a mega ...