Saudi Arabian Oil Co (2222)

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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 …

Company News

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 …

Market News

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 …

Banking and Finance

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 …

Bonds

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, …

Companies Investments

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 …

Global Economy

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 …

Management Decisions

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 …

Global Economy

20 November 2025 00:57 PM Aramco inks agreements worth over $30bn with US-based companies

Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco), through its Aramco Group Companies has signed 17 memoranda of understanding (MoUs) and agreements at an estimated total value exceeding $30 billion with major companies in the US, according to …

Companies Investments

18 November 2025 09:07 AM Arabian Drilling renews 4 rig contracts with Aramco at SAR 2bn

Riyadh – Mubasher: Arabian Drilling secured four rig contract renewals with a total value exceeding SAR 2 billion and an additional 30 committed rig years to the company's active backlog. This brings the group’s total backlog to SAR 12.20 billion …

Companies Investments

12 November 2025 02:53 PM Aramco unveils over $1bn MoU agreements during region’s MECC

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has announced 28 memoranda of understanding (MoUs) totaling more than $1 billion for proposed R&D collaborations in advanced materials and technologies, according to a press release. The …

Event

4 November 2025 09:38 AM Aramco delivers quarterly earnings growth; revenues exceed SAR 1.1trn in 9M-25

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) recorded net profits valued at SAR 283.58 billion in the first nine months (9M) of 2025, an annual drop of 9.87% from SAR 314.65 billion. The revenues declined by 5.92% year-on-year (YoY) to …

Financial Results

29 October 2025 10:30 AM Aramco eyes minority stake in PIF-owned HUMAIN to reinforce AI capabilities globally

Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco) signed a non-binding term sheet with the Saudi Public Investment Fund (PIF) to acquire a minority stake in HUMAIN, according to a press release. The oil giant aims to advance a full range of AI …

Global Economy