Tag:

Aramco

Saudi Aramco Bolsters Localization Efforts with $6 bn Procurement Agreements

In a significant move aimed at advancing its strategic localization program, Saudi Aramco, a global leader in integrated energy and chemicals, has inked 40...

Aramco to Maintain Capacity at 12 mn Barrels, Revises Capex

Saudi Aramco revealed that it has received a directive from the Ministry of Energy instructing the company to maintain its Maximum Sustainable Capacity (MSC)...

Aramco Enhances Venture Capital Funding Size to $7 bn

Aramco, an integrated energy and chemicals company, has announced a substantial increase in funding for its global venture capital arm, Aramco Ventures. The company will...

Aramco Expands Footprint in Pakistan with Acquisition of 40% Stake in Gas & Oil

Aramco, the global energy giant, has inked agreements to acquire 40% equity share in Gas & Oil Pakistan (GO) in a strategic move to...

Aramco Invests $500 mn in MidOcean Energy, Marking First International LNG Investment

In a strategic move to solidify its position in the liquefied natural gas (LNG) market, Aramco, a prominent global integrated energy and chemicals company,...

Aramco Explores 10% Strategic Stake in Jiangsu Shenghong Petrochemical

In a significant move within the energy and chemicals industry, Saudi Arabian Oil Company (Aramco), a global leader in integrated energy solutions, has joined...

Aramco Ventures into South American Downstream Market with Acquisition of Esmax

In a significant development, Aramco, a global leader in energy and chemicals, has finalized plans to acquire a 100% equity stake in Esmax Distribuscion,...

Aramco Posts 38% Drop in Profit to $30 bn Due to Dip in Oil Price

Saudi Aramco, the world’s largest oil company, has announced its financial results for the second quarter of 2023, ending June 30. According to the report,...