Saudi Arabian Oil Co (SAUDI ARAMCO) News - Mubasher Info
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Saudi Arabian Oil Co (2222)

Last update: 14 March 03:00 AM market time.
31.25
-0.80
-2.50%
Open 31.70
Previous Close 32.05
High 31.75
Low 31.20
Stock Statistics
Volume 21,219,052
Turnover 665,576,854.75
All data are 15 minutes late during market session

News

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28 March 11:11 AM TAQA, Japan’s JERA partner to build power plant in Saudi Arabia
Abu Dhabi – Mubasher Abu Dhabi National Energy Company (TAQA) and Japan’s energy giant JERA signed a power and steam purchase agreement with Saudi Aramco Total Refining and Petrochemical Company (SATORP) to develop a greenfield industrial steam …
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27 March 11:56 AM EIC’s unit inks contract to supply transformers to Aramco
Riyadh – Mubasher: Saudi Power Transformers Company, a subsidiary of Electrical Industries Company (EIC), has signed a SAR 125.77 million contract with Larsen &Toubro Saudi Arabia. The agreement includes a purchase order for the supply of …
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19 March 01:25 PM Global energy transition efforts face hard realities – Aramco’s CEO
Riyadh – Mubasher: The global energy transition strategy has not succeeded in many aspects due to five hard realities that should be considered to adjust its path, stated Amin Nasser, President & CEO of Saudi Arabian Oil Company (Aramco). These …
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12 March 06:24 PM Aramco launches company’s 1st marine fueling station in Saudi Arabia
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has inaugurated Aramco Marina at the Jeddah Yacht Club on the Red Sea coast to be its first marine fueling station in Saudi Arabia, according to a press release. The marine fueling station …
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10 March 11:06 AM Aramco’s net profit plunges 25% YoY in 2023; dividends approved
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) posted a 24.71% year-on-year (YoY) drop in net profit to SAR 454.76 billion in 2023 from SAR 604.01 billion a year earlier. The company’s revenues plunged 17.62% YoY to SAR 1.65 trillion last …
Crown Prince and Prime Minister of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud
7 March 06:05 PM Saudi Crown Prince reveals transfer of 8% equity in Aramco to PIF
Riyadh – Mubasher: Crown Prince and Prime Minister of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud, who is the Chairman of both the Public Investment Fund (PIF) and the Council of Economic and Development Affairs, announced the …
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5 March 01:11 PM Aramco unveils AI model aramcoMETABRAIN at LEAP 2024
Riyadh – Mubasher: The President and CEO of Saudi Arabian Oil Company (Aramco), Amin Nasser, unveiled the company’s new large language AI model, aramcoMETABRAIN, according to a press release. During his speech on the Digital Leadership in the …
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3 March 01:23 PM Saudi Aramco completes acquisition of Chile’s Esmax
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco)has fully acquired Esmax Distribución SpA, a leading diversified downstream fuels and lubricants retailer in Chile. The transaction, which was first announced in September 2023, marks Aramco’s …
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27 February 03:44 PM Aramco inks 40 agreements worth $6bn with local suppliers
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has signed 40 purchase agreements worth $6 billion with local suppliers in the kingdom. The recent agreements are aimed at supporting Aramco’s local supply chains, bolstering its ability to …
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27 February 01:24 PM Gas Arabian Services to execute SAR 761m works for Aramco
Riyadh – Mubasher: Gas Arabian Services Company has received two non-binding letters of intent (LoI) from Saudi Arabian Oil Company (Aramco) to carry out engineering, procurement, and construction (EPC) works for a total of SAR 760.87 million. The …
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13 February 05:17 PM United Mining Industries unveils financial impact of Aramco’s gas prices
Riyadh – Mubasher: United Mining Industries Company has announced that the increase in gas prices by Saudi Arabian Oil Company (Aramco) is expected to raise the cost of goods sold (COGS) by 4.50%. The increased COGS will come into effect starting …
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5 February 03:20 PM Arabian Pipes awarded SAR 108m contract from Aramco
Riyadh – Mubasher: Arabian Pipes Company secured a new order from Saudi Arabian Oil Company (Aramco) at a value of nearly SAR 108 million on 4 February 2024. Under the deal, the company will provide Aramco with steel pipes for 11 months, according …
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4 February 02:47 PM Group Five Pipe Saudi, Aramco ink supply deal
Riyadh – Mubasher: Group Five Pipe Saudi Company and Saudi Arabian Oil Company (Aramco) signed a contract at a value of more than SAR 30 million on 1 February 2024. Group Five Pipe Saudi will manufacture and supply spiral-welded steel pipes …
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1 February 05:23 PM Aramco maintains MSC, not to hit 13 MMBD upon gov’t directives
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has received a directive from the Ministry of Energy to maintain its maximum sustainable capacity (MSC) and not to continue increasing it to 13 million barrels per day (MMBD). Based on the …
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22 January 03:42 PM SABIC to develop $6.4bn project in China; Aramco’s unit related party
Riyadh – Mubasher: Saudi Basic Industries Corporation (SABIC) unveiled plans to build a world-scale Petrochemical complex in southeastern China at an estimated value of $6.40 billion, according to a bourse filing. Located in the Fujian province, …
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17 January 04:54 PM Aramco increases funding for global VC arm to $7bn
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has earmarked an additional $4 billion to its global venture capital (VC) arm, Aramco Ventures, marking more than double the capital allotted to the corporate venture capital firm. The new …
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3 January 05:13 PM Group Five Pipe Saudi pens SAR 34m deal with Aramco
Riyadh – Mubasher: Group Five Pipe Saudi Company inked an agreement with Saudi Arabian Oil Company (Aramco) at a value exceeding  SAR 34 million on 2 January 2024, according to a bourse filing. The two-month deal covers the manufacturing and …
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18 December 2023 04:52 PM Yanbu Refinery becomes Aramco’s new facility added to WEF lighthouses network
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) unveiled that Yanbu Refinery has become its fourth facility to be added to the Global Lighthouse Network of the World Economic Forum (WEF), according to a press release. The refinery marks …
12 December 2023 05:00 PM Saudi Aramco invests in Pakistan’s GO via 40% equity acquisition
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has entered definitive agreements to acquire a 40% shareholding in Gas & Oil Pakistan Ltd. (GO), according to a press release. The investment marks the Saudi oil giant’s first entry into the …
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7 December 2023 02:05 PM East Pipes Integrated enters new deal with oil giant Aramco
Riyadh – Mubasher: East Pipes Integrated Company for Industry has signed a contract valued at more than SAR 170 million with Saudi Arabian Oil Company (Aramco) on 6 December 2023. Upon the terms of the deal, East Pipes Integrated will provide …
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3 December 2023 03:06 PM East Pipes Integrated, Aramco sign SAR 153m agreement
Riyadh – Mubasher: East Pipes Integrated Company for Industry and Saudi Arabian Oil Company (Aramco) inked a contract at a value exceeding SAR 153 million. East Pipes Integrated will manufacture and supply steel pipes to Aramco for eight months,  …
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15 November 2023 11:59 AM UAE’s NMDC joins forces with Saudi Aramco for $520m project
Abu Dhabi – Mubasher: National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC) was awarded a $520 million project contract from Saudi Arabian Oil Company (Aramco). The agreement aligns with the Saudi …
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14 November 2023 09:38 AM solutions pens SAR 329m agreement with Aramco
Riyadh – Mubasher: Arabian Internet and Communication Services Company (solutions) and Saudi Arabian Oil Company (Aramco) inked a contract valued at SAR 329 million on 13 November 2023. The deal covers the provision of supercomputer infrastructure …
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7 November 2023 10:27 AM Aramco unveils SAR 354.5bn profits in 9M-23, dividends
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) witnessed a 27.46% year-on-year (YoY) drop in net profit after Zakat and tax to SAR 354.54 billion during the first nine months (9M) of 2023, versus SAR 488.78 billion. Revenues declined by …
Aramco's Al Khowaiter and ENOWA's Terium
26 October 2023 03:06 PM Aramco, ENOWA to develop 1st e-fuel demonstration plant; deal signed on FII7 sidelines
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) penned a joint development agreement with NEOM’s energy and water company ENOWA to build the first-of-kind synthetic electro fuel (e-fuel) demonstration plant, according to a press release. …