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Saudi Aramco Seeks Extension on $10 Billion Loan: Sources

2021-03-01 11:10:00| OGI

Saudi Aramcos profits plummeted last year, but it stuck to a promised $75 billion annual dividend, most of which goes to the Saudi government.

Tags: sources loan extension billion

 

Lamprell Lands Aramco Contract for Giant Offshore Oil Field

2021-02-25 15:16:08| OGI

Lamprell has been awarded an engineering, procurement, construction and installation (EPCI) contract on Feb. 24 by Saudi Aramco as part of their long-term agreement program (LTA) with Lamprell.

Tags: field contract oil giant

 
 

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

 

Oil Giant Aramco May Have to Sell Assets to Maintain Saudi Dividend

2020-12-16 19:05:00| OGI

While Saudi Arabia has increased non-oil revenues this year, Saudi Aramco still accounted for more than half its total income, and will be key to containing a budget shortfall this year.

Tags: sell oil maintain assets

 

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

 

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