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Country summary: Saudi Arabia

energy-pedia opportunities - Saudi Arabia:
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Licensing articles: 9
Completed deals: 0

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Saudi Arabia - recent news

21 Apr 19
Saudi Arabia: Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture
The Saudi Arabian Oil Company (Saudi Aramco) is to acquire Shell’s 50 percent share of the SASREF joint venture in Jubail Industrial City, in the Kingdom of Saudi Arabia, for USD631 million.
10 Apr 19
Saudi Aramco sells $12 billion bonds out of record $100 billion demand
Saudi Aramco is set to raise USD12 billion with its first international bond issue after receiving more than USD100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company.
05 Apr 19
Saudi Arabia: McDermott signs JV agreement with Zamil Offshore to address MMO market in Saudi Arabia
McDermott International has signed a Joint Venture Agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market in Saudi Arabia.
01 Apr 19
Saudi Arabia: Subsea 7 awarded contracts offshore Saudi Arabia
Subsea 7 has announced the award of two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.
28 Mar 19
Saudi Arabia: Saudi Aramco signs share purchase agreement to acquire 70 percent majority stake in SABIC
Saudi Aramco has announced the signing of a share purchase agreement to acquire a 70 percent majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction equivalent to USD 69.1 billion.

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