Saudi Aramco CEO says IPO will 'certainly' happen

Monday, November 12, 2018

Saudi Aramco Chief Executive Officer Amin Nasser said the initial public offering of the state-oil producer will "certainly" happen when the conditions are right.

Saudi Aramco said it is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic) from the kingdom's sovereigh wealth fund, the Public Investment Fund, he said at a conference in Abu Dhabi.


(Reporting by Rania El Gamal; writing by Maher Chmaytelli)

Categories: Legal Finance People Middle East Industry News Oil

Related Stories

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

MISC, PTSC Extend Ruby II FPSO Operations Offshore Vietnam

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Aramco Expands US Partnerships with $30B in New Deals

Current News

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

China Looks Best Placed to Weather Iran Energy Shock

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Oil Up 8% as Middle Eastern War Rages

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Eni Nears FID for Indonesia’s Offshore Gas Projects

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com