News

Since its $29.4 billion IPO in 2019, Aramco has delivered just 16% shareholder returns—far below Exxon, Shell, and Chevron.
Aramco sealed a $11B Jafurah deal with BlackRock consortium in major lease-leaseback agreement for gas processing facilities.
The deal is a key component in Aramco’s plans to increase gas production capacity by 60 per cent between 2021 and 2030, to ...
This significant FDI underscores the value creation potential of Aramco’s current capital investment programme.
Saudi Aramco signed an $11 billion lease and leaseback agreement involving its Jafurah gas processing facilities with a ...
Sudanese economist Mustafa Babiker, who has worked for the Saudi Aramco oil company for almost two decades, was named a ...
BlackRock affiliate Global Infrastructure Partners’ agreement covers lease and leaseback of key gas processing and NGL ...
Arabian Gulf Business Insight on MSN2d

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 ...
The world’s largest oil company Saudi Aramco has signed an US$11 billion lease and leaseback deal involving its Jafurah gas ...
The Saudi energy giant will hold the majority 51% stake in a new subsidiary that will manage the Jafurah unconventional gas ...
The scope of work on the tenders covers the EPCI of key structures at Saudi Arabia’s Abu Safah, Berri, Karan, Marjan and ...
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 ...