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

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Yinson Production Raises $1.46B to Refinance Agogo FPSO

LNG Flows Through Hormuz Hit Seven-Month High

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

South Korea Aims to Cut Middle East Crude Dependence to 50% by 2035

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Iran Outlines Terms for Restoring Hormuz Shipping

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Current News

CNOOC Set to Restore Production at Major South China Sea Gas Field

Big Oil Pockets Near-Record Profits but Spending Restraint Signals Long-Term Doubts

TotalEnergies to Take Operatorship of Two Major Gas Fields off Malaysia

CNOOC Starts Up Nine Oil and Gas Projects as Production Hits Record

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

Strohm Nets Ultra-Deepwater Supply Deal for Southeast Asia’s Gas Scheme

Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens

Energy Drilling Lands $87M Drilling Job Offshore Malaysia

Inpex Moves $21B Indonesian LNG Project Closer to Investment Decision

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