Aramco Enters The Spanish Market Through An Alliance With Repsol To Produce Synthetic Fuels

The Spanish oil and gas group has announced an agreement with Saudi state oil company Aramco for the development of synthetic fuels. The agreement begins with an industrial conversion project in the Petronor factory (Basque Country) and would later be transferred to the rest of Repsol’s facilities globally. Repsol will invest 80M euros to modify some of Petronor’s production processes via two projects.

MSCI, S&P Dow Jones and FTSE Russell could fast-track Aramco into their indices soon after the IPO

MSCI, S&P Dow Jones And FTSE Russell Could Fast-Track Aramco Into Their Indices Soon After The IPO

E-Toro | Saudi Arabia’s state-owned oil company, Saudi Aramco will be listed on the Saudi Stock Exchange (Tadawul) later this week on December 11th. Furthermore, the oil company is expected to price its initial public offering Thursday at the high end of the targeted range to give the oil giant a total value of $1.7 Tr. This would be the world’s biggest-ever IPO. These are the pros and cons we found about the firm.

Aramco is ready for its initial public offering in the second half of 2018

Aramco A Cornerstone Of Sovereign Creditworthiness

Saudi Arabian Oil Co. is ready for its initial public offering in the second half of 2018. Bloomberg published on Friday selected data from what it reported to be the company’s 1H17 IFRS financial statement. However, Saudi Aramco said in a statement these were “inaccurate”. If the reported data is accurate, BoAML’s experts make the following observations based on already published fiscal data.

tecnicas reunidas

Tecnicas Reunidas, Leading The Bid For Aramco Gas Projects

According to market sources, Tecnicas Reunidas has presented the most competitive offer to construct two gas projects tendered by Saudi Aramco. Other companies involved in the bid are Saipem and Samsung E&C. The result could be announced at the beginning of November.