Saudi Arabian Oil Co (2222)

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News

25 May 04:16 PM Aramco transfers full ownership in PRefChem to Petronas

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and Petroliam Nasional Berhad (Petronas) have signed an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. …

Companies Investments

21 May 07:52 PM Arabian Pipes enters into supply agreement with Aramco

Riyadh – Mubasher: Arabian Pipes Company has announced the formal signing of a contract with the state energy producer Saudi Arabian Oil Company (Aramco) at a value of approximately SAR 48 million, according to a bourse disclosure.  The contract …

Companies Investments

18 May 07:12 PM Saudi listed companies’ earnings in Q1-26 surge to SAR 166.5bn – Report

Riyadh – Mubasher: The Saudi listed companies recorded a 21.9% annual growth in earnings during the first quarter (Q1) of 2026 when compared to Q1-25, on the back of higher net profit in the energy sector. Earnings of the entities listed on the …

Financial Results

18 May 05:41 PM Aramco partners with Pasqal to launch Middle East’s 1st commercial QCaaS platform

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …

Company News

10 May 08:20 AM Aramco enters 2026 with exceptional operational performance; dividends announced

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) recorded SAR 120.13 billion in net profit attributable to the shareholders during the first quarter (Q1) of 2026, an annual leap of 25.55% from SAR 95.68 billion. The oil giant achieved …

Company News

29 April 07:31 PM Saudi Arabia records $11bn project awards in Q1-26, seen largest project market in MENA – Kamco Invest

Riyadh – Mubasher: The total value of contracts awarded in Saudi Arabia during the first quarter (Q1) of 2026 amounted to $11 billion, representing a substantial decline when compared to $22.5 billion awarded in Q1-25, according to Kamco Invest’s …

Companies Investments

15 April 08:47 AM Cumulocity, Aramco Digital partner to accelerate industrial digitalization in GCC region

Riyadh – Mubasher: Cumulocity, a global leader in industrial AIoT, has joined forces with Aramco Digital, a tech subsidiary of Saudi Aramco, to expand the deployment of its enterprise-grade platform across the GCC region. Under the signed …

Companies Investments

7 April 11:05 AM Aramco Ventures co-leads US-based Via Separations’ $36m funding round

Riyadh - Mubasher: Saudi Arabia’s Aramco Ventures has participated in a $36 million funding round for US-based deeptech startup Via Separations, alongside Climate Investment and Marathon Petroleum. The investment will support global deployment of …

Company News

1 April 03:22 PM GCC equity market index falls in March, while Middle East turmoil rattles global markets – Report

Mubasher: The GCC equity market index witnessed a relatively smaller decline of 2.6% in March 2026, contrary to the sharp decline in global markets, according to a recent report by Kamco Invest. The performance in the Gulf capital market was led …

Global Economy

30 March 10:50 AM Saudi Steel Pipe, Aramco pen SAR 127m supply deal

Riyadh – Mubasher: Saudi Steel Pipe Company inked a SAR 127 million deal to supply oil and gas steel to Saudi Arabian Oil Company (Aramco), according to a bourse disclosure. The agreement is expected to have a financial impact, reflecting during …

Companies Investments

24 March 08:32 AM Aramco rolls out SAR 1.6bn agreements with solutions, Arabian Pipes

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) penned three agreements at a combined value of SAR 1.63 billion with Arabian Internet and Communications Services Company (solutions) and Arabian Pipes Company, according to bourse disclosures. …

Companies Investments

10 March 09:00 AM Aramco delivers strong earnings in 2025; quarterly dividends unveiled

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) generated net profits attributable to the owners valued at SAR 348.04 billion ($92.81 billion) in 2025, down 11.64% year-on-year (YoY) from SAR 393.89 billion ($105.04 billion). The oil giant …

Financial Results

10 March 01:21 AM Petro Rabigh records lower net losses in 2025; Aramco, Sumitomo support turnaround strategy

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) incurred net losses worth SAR 3.89 billion in 2025, reflecting a 14.21% decrease from SAR 4.54 billion in 2024. The loss per share narrowed to SAR 2.33 in 2025 from SAR …

Management Decisions

4 March 01:36 AM TASI witnesses over SAR 87bn in total trading value in February – Aljazira Capital

Riyadh – Mubasher: According to the monthly report by Aljazira Capital for February 2026, the Main Market index (TASI) of the Saudi Exchange (Tadawul) ended the month at 10,709 points, which represented a decrease of 5.91% compared to January’s …

Global Economy

3 March 02:40 AM Sitecore accelerates momentum in Middle East via AI deployments, works with listed entities

Mubasher: Sitecore, a global player in AI-enabled digital experience software, announced a significant expansion of investment in the Middle East with a new deployment announced for Saudi Arabia in 2026, according to a press release. An early …

Companies Investments

1 March 03:35 AM Aramco unveils progress in gas expansion strategy including large regional, global fields

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has announced major progress in its ambitious gas expansion strategy, which includes two major fields, according to a press release. The developments included the start of production at …

Companies Investments

1 March 03:22 AM Aramco-DHL JV collaborates with Arcapita to develop logistics facility at SPARK

Riyadh – Mubasher: ASMO, a joint venture (JV) between the listed Saudi Arabian Oil Company (Aramco) and DHL Supply Chain, has teamed up with global alternative investment firm Arcapita Group Holdings Limited to develop a 1.40 million square meter …

Companies Investments

3 February 12:56 PM Aramco concludes $4bn bond issuance

Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco) has successfully completed a $4 billion issuance of bonds across four tranches under its global medium-term note program, according to a press release. The tranches include $500 million senior …

Banking and Finance

22 January 08:13 PM Aramco offers dollar-denominated international bonds

Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco) has started offering its international bond issuance under its global medium-term note program, targeting institutional investors. The USD-denominated bonds will be direct, general, …

Global Economy

20 January 02:36 PM Aramco’s annual capital expenditures reach $60bn – Nasser

Riyadh - Mubasher: Saudi Arabian Oil Company’s (Aramco) capital expenditures range between $50 billion and $60 billion annually, President and CEO Amin H. Nasser revealed. Nasser added that the Technology Realized Value (TRV) recorded by Aramco …

Companies Investments

7 January 11:47 AM IPTC summit to kick off in Dubai; Saudi Aramco participates as sponsor

UAE - Mubasher: Dubai is set to host the IPTC Summit on AI for the Energy Industry during 13–14 January 2026 at the Conrad Hotel, gathering energy leaders, decision-makers, technologists, and experts. The event will discuss how AI is reshaping …

Event

5 January 05:12 PM Saudi Ceramics,Yanbu Cement report Aramco notice on fuel price adjustments

Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco) has notified industrial companies, including Saudi Ceramic Company (Saudi Ceramics) and Yanbu Cement Company, of fuel price adjustments for operational and production use, effective 1 January …

Corporate Actions

9 December 2025 10:10 AM ExxonMobil, Aramco, Samref join forces to upgrade Yanbu refinery

Riyadh - Mubasher: ExxonMobil, Saudi Arabian Oil Company (Aramco), and Samref have signed a venture framework agreement (VFA) to evaluate a significant upgrade of the Samref refinery in Yanbu. The three parties will join forces to expand the …

Companies Investments

1 December 2025 05:51 PM Scientific & Medical Equipment signs 3-year agreement with Saudi Aramco

Riyadh – Mubasher: Scientific & Medical Equipment House Company has entered into a 36-month project contract with Saudi Arabian Oil Company (Aramco) for Berri Gas Plant, according to a bourse disclosure. The two sides penned the agreement, which …

Companies Investments

27 November 2025 07:47 AM Aramco to launch AI-focused office in Paris to expand global footprint

Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco)plans to launch a new Aramco Ventures office in Paris, Executive Vice President of Technology and Innovation Ahmad Al Khowaiter announced. Al Khowaiter affirmed that the energy sector is vital …

Companies Investments