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The level of foreign investment is under scrutiny, especially considering the tepid response from international buyers during the company's 2019 IPO.

Under the contract, ABL said it will provide marine warranty survey services.

The world’s biggest oil producer is trying to tempt global investors with a $12 billion share sale, but the price looks expensive.

The sale of 1.5 billion shares in Saudi Aramco, which launched on Sunday, has drawn demand that exceeded the supply of stock, Reuters has reported, noting demand overtook supply just hours after the sale began. The news of the secondary…

Saudi Aramco, the world’s most integrated oil company, has made its first foray into Pakistan’s retail fuel market by acquiring a 40 per cent stake in Gas & Oil Pakistan (GO).

The post Saudi Aramco’s Strategic Share Sale: Lessons for Nigeria’s NNPCL appeared first on Champion Newspapers LTD.

DUBAI, June 2 — Saudi Arabia’s sale of shares in oil giant Aramco drew more demand than the stock on offer within hou...

Saudi state oil giant Aramco commenced its secondary public offering on Sunday as the company looks to raise in the region of $12 billion.

DUBAI, United Arab Emirates -- Saudi Arabia said Friday that it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since the initial public offering back in 2019.

Proceeds will help fund initiatives to diversify the economy away from oil.

The sale comes amid Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the kingdom's economy.

Aramco has a market value of $1.8trillion, making it the world's sixth most valuable company behind Microsoft, Apple, Nvidia Google owner Alphabet and Amazon respectively

The state-owned firm has a market value of 1.8 trillion dollars (£1.42tr), making it the world’s sixth most valuable company.

The state-owned firm has a market value of 1.8 trillion dollars (£1.42tr), making it the world’s sixth most valuable company.

Saudi Arabia says it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back in 2019.