Aramco priced its IPO at 32 riyals (US$8.53) per share, the top of its indicative range, the company said in a statement.
OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to…
Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Nov. 29, putting its…
Saudi Arabia’s wealthy Gulf neighbors plan to invest in the IPO of Saudi Aramco, sources familiar with the matter said, helping out…
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Nabors, Saudi Aramco Form JV For Onshore Drilling RigsNabors, Saudi Aramco Form JV For Onshore Drilling Rigs
Saudi Aramco, officially the Saudi Arabian Oil Co., is a Saudi Arabian national petroleum and natural gas company based in Dhahran. It is one of the largest companies in the world by revenue, and according to accounts seen by Bloomberg News, the most profitable company in the world.
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