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Saudi Aramco Planning More Share Sales to Bolster Sovereign Wealth Fun

2021-01-28 19:30:00| OGI

Saudi Aramco, the world's biggest oil company, completed the world's largest IPO in late 2019, raising $25.6 billion and later selling more shares to raise the total to $29.4 billion.

Tags: share sales fun planning

 

Saudi Aramco, Baker Hughes Form JV to Develop Non-metallic Products

2020-12-08 15:15:00| OGI

Oil giant Saudi Aramco and energy services company Baker Hughes Co. have formed a 50/50 joint venture, Novel, to develop a broad range of non-metallic products for multiple applications in the energy sector.

Tags: form products develop saudi

 
 

Saudi Aramco Gets $8 Billion with Jumbo Five-part Bond Deal

2020-11-17 21:37:29| OGI

The company received $48.1 billion in orders for the debt sale, less than half what it drew for its debut bond sale last year, a document showed.

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Saudi Aramco Plans Debt Market Comeback with Multitranche Bond Deal

2020-11-16 11:22:22| OGI

Saudi Aramco said on Nov. 16 it had hired banks for a multitranche U.S. dollar-denominated bond issuance, as the worlds largest oil company seeks cash amid lower oil prices.

Tags: market plans deal debt

 

Saudi Aramco Reports Nearly 45% Drop in Quarterly Profit

2020-11-03 16:30:00| OGI

State oil giant Saudi Aramco on Nov. 3 reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices.

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