saudi aramco

Builder of Saudi Aramco oil rigs plans to expand into wind power

An Abu Dhabi-based company that builds drilling platforms for oil giant Saudi Aramco plans to diversify into renewable energy by supplying gear for offshore wind farms.




saudi aramco

Builder of Saudi Aramco oil rigs plans to expand into wind power

An Abu Dhabi-based company that builds drilling platforms for oil giant Saudi Aramco plans to diversify into renewable energy by supplying gear for offshore wind farms.




saudi aramco

Saudi Aramco in four charts

Figures behind the secretive oil company with the world’s biggest profits




saudi aramco

Saudi Aramco flotation to rely on local money

Foreign investor subscriptions less than 11% as data confirms scaled back ambitions




saudi aramco

Saudi Aramco raises $25.6bn in world’s biggest IPO

State-owned oil company’s $1.7tn valuation falls short of kingdom’s ambitions




saudi aramco

Saudi Aramco shares jump 10% in oil group’s trading debut

Stock climbs by maximum amount after world’s biggest IPO




saudi aramco

Saudi Aramco stretches away as top IPO after extra sale

Goldman exercises option to sell more stock, bringing total proceeds to $29bn




saudi aramco

Saudi Aramco rated ‘underweight’ by Morgan Stanley

Wall Street banks that advised on record IPO snub oil group with tepid ratings




saudi aramco

Saudi Aramco slashes spending as oil price war rages

Capital expenditure expected to fall 23% at state energy company




saudi aramco

Saudi Aramco doubles down on output hike as price war intensifies

State-backed company says it can sustain 12m barrels a day for up to a year




saudi aramco

Saudi Aramco's oil deal with India's Reliance Industries

Saudi Arabia's state oil company Aramco is making a high stakes investment in India as the world’s largest crude oil exporter seeks to deepen its ties with the fastest growing energy consumer. Tom O’Sullivan discusses the proposed investment, announced by Reliance Industries chairman Mukesh Ambani, with Benjamin Parkin and Anjli Raval.


Contributors: Tom O’Sullivan, deputy analysis editor, Benjamin Parkin, Mumbai correspondent, and Anjli Raval, senior energy correspondent. Producer: Fiona Symon

 

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saudi aramco

Why would Iran attack Saudi Aramco's oil facilities?

A devastating missile and drone attack on Saudi oil installations last week highlighted the vulnerability of global oil supplies to the threat of regional unrest. The attack was claimed by Houthi rebels fighting Saudi-backed forces in neighbouring Yemen, but Saudi and US officials were quick to point the finger of blame at Iran. Geoff Dyer discusses the repercussions of the attack for the region and the oil market with Andrew England, Middle East editor, and Anjli Raval, senior energy correspondent.

 

Contributors: Geoff Dyer, analysis editor, Andrew England, Middle East editor, and Anjli Raval, senior energy correspondent. Producer: Fiona Symon

 

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saudi aramco

Saudi Aramco does not rule the world

The valuation of an energy company cannot be engineered like the production of oil




saudi aramco

Saudi Aramco IPO: 25 banks hired as bookrunners face pared pay of $90 mn

The banks will be paid 35 basis points of the money raised, according to the three sources