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21h
Gulf Business on MSNSaudi Aramco raises $11bn via Jafurah midstream lease-back deal
The deal is a key component in Aramco’s plans to increase gas production capacity by 60 per cent between 2021 and 2030, to ...
Aramco sealed a $11B Jafurah deal with BlackRock consortium in major lease-leaseback agreement for gas processing facilities.
Slaughter and May is advising GIP and White & Case is acting for Saudi Aramco on an $11 billion leaseback of Jafurah gas ...
Sudanese economist Mustafa Babiker, who has worked for the Saudi Aramco oil company for almost two decades, was named a ...
But even by their hyperbolic standards, with bankers desperately drumming up interest, the Saudi royal family went the extra ...
Since its $29.4 billion IPO in 2019, Aramco has delivered just 16% shareholder returns—far below Exxon, Shell, and Chevron.
21h
Asharq Al-Awsat on MSNSouth Korea’s Rebellions to Set Up Unit in Saudi Arabia
South Korean artificial intelligence (AI) chip startup Rebellions Inc. said Tuesday it will establish a unit in Saudi Arabia ...
1d
Arabian Gulf Business Insight on MSNProjects 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 ...
Aramco has increasingly tapped debt markets, with two issuances totalling $9 billion in the second half of 2024 and a three-part bond sale of $5 billion this year. The company's gearing ratio went up ...
Saudi Aramco saw its Q1 2023 net profit decline by 19% year-on-year. Many Western investors are concerned that Saudi Arabia uses Aramco as a cash–cow for non-hydrocarbon related projects.
Aramco unexpectedly pulled back its I.P.O. plans a year ago, at a time of low oil prices, and instead decided to pursue a stake in Sabic, a huge Saudi chemical producer controlled by the country ...
Saudi Aramco shares zoomed higher on Thursday, turning the massive state oil producer into the world's first $2 trillion company and achieving the valuation long sought by Crown Prince Mohammed ...
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