Saudi Arabian Oil Co (2222)

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco)awarded an engineering agreement to Dar Al Handasah Consultants, Shair and Partners, a Sidara Company, according to a press release. The deal covers consultancy services, including engineering, …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has issued $6 billion international bonds under its global medium term note programme. The company sold 30,000 bonds at a part value of $200,000, according to a bourse filing. The debt offering …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has awarded Italy-based advanced technological and engineering platform Saipem two offshore projects in Saudi Arabia under a long-term agreement with a total value of around $500 million. The …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) will acquire a 50% stake in Jubail-based Blue Hydrogen Industrial Gases Company (BHIG) upon definitive agreements with the parent company Air Products Qudra (APQ), according to a press release. …

Riyadh – Mubasher: Dell Technologies, Saudi Arabian Oil Company (Aramco), and the National IT Academy have signed an agreement to upskill Saudi students in science and technology. The four-month ITXcelerate programme will provide recent Saudi …

Riyadh - Mubasher: Aramco Digital, a subsidiary of Saudi Arabian Oil Company (Saudi Aramco), and World Wide Technology (WWT) have partnered to boost the digital transformation in Saudi Arabia and empower its economy to leverage innovative …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has started issuing USD-denominated international bonds at a minimum subscription of $200,000. The bonds are issued under the company’s Global Medium Term Note Programme, according to a bourse …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has awarded contracts at a value exceeding $25 billion to boost its gas expansion strategy, according to a press release. The company plans to record sales gas production growth of more than …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) inked definitive agreements to acquire a 10% stake in HORSE Powertrain Limited, the new global powertrain solutions company. Aramco’s subsidiary pended the deals alongside Renault Group, …

Riyadh – Mubasher: ACWA Power Company has penned three power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) and Saudi Aramco Power Company, a wholly owned subsidiary of Saudi Arabian Oil Company (Aramco), for three …

Riyadh – Mubasher: Subsidiaries of Saudi Arabian Oil Company (Aramco) and Sempra, a North American energy infrastructure company, have implemented a non-binding heads of agreement (HoA). The HoA covers a 20-year sale and purchase agreement (SPA) …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has awarded a contract for a carbon capture and sequestration (CCS) project to Abdullah Fahad Al-Khaledi for General Contracting (AFAC). The CCS Phase 1 project aims to build a CCS hub, …

Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) has signed an agreement with Saudi Aramco Total Refining and Petrochemical Company (SATORP), a subsidiary of Saudi Arabian Oil Company (Aramco), to supply 100,000 tonnes of methanol annually …

Riyadh – Mubasher: Dell Technologies and Saudi Arabian Oil Company (Aramco) have sealed a memorandum of understanding (MoU) under which the oil giant will explore new opportunities in emerging technologies with the US Dell, according to a press …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) along with NextDecade Corporation announced, on 13 June 2024, that their subsidiaries have executed a non-binding Heads of Agreement (HoA) for the Rio Grande LNG Facility in the US. The deal is …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has completed the secondary public offering of ordinary shares by the government, setting the final offer price at SAR 27.25 per share. The initial public offering (IPO) raised gross proceeds …

UAE – Mubasher: Dubai-based Tenderd has secured a $30 million Series A funding round, led by A.P. Moller Holding, along with Quadri Ventures, Saurya Prakash, Aramco's VC arm Wa’ed Ventures, among others. Tenderd will use capital infusion to drive …

UAE – Mubasher: UAE-based proptech Stake closed a $14 million Series A funding round, led by MEVP Middle East Venture Partners (MEVP), along with Aramco-backed  Wa'ed Ventures, Mubadala, and Republic. The funds will support the platform’s …

Riyadh – Mubasher: Saudi Arabian Oil Company (Saudi Aramco) completed the acquisition of a 40% stake in Gas and Oil Pakistan Limited (GO), according to a press release. GO is a diversified downstream fuels, lubricants and retail store operator in …

Riyadh – Mubasher: Saudi Arabian Oil Company (Saudi Aramco) has signed contracts with Tadawul-listed companies for manufacturing and supply of steel pipes with a combined value of SAR 2.95 billion. Aramco signed the first contract with Group Five …

Riyadh – Mubasher: Gas Arabian Services Company signed two contracts with Saudi Arabian Oil Company (Saudi Aramco), on 29 May,  at an aggregated value of SAR 760.86 million. The first deal covers the engineering, procurement, and construction work …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco), Japan’s Mizuho Financial Group, and other companies have signed agreements on the sidelines of the Business Forum of Saudi-Japan Vision 2030, according to Bloomberg. Signed on 21 May 2024, the …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has penned an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in Saudi Arabia. Under the joint deal, Pasqal will install, …

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has signed three memorandums of understanding (MoUs) with US-based companies to develop lower-carbon energy solutions. Aramco signed an MoU with Aeroseal to explore accelerating the deployment …

Riyadh – Mubasher: Saudi Steel Pipe Company has signed a SAR 138.60 million agreement to supply oil and gas steel pipes to Saudi Arabian Oil Company (Aramco). The contract was signed on 15 May 2024 for up to 12 months, according to a bourse …