Aramco closes $12.4 billion infrastructure deal with global investor consortium
Aramco and an international investor consortium, including EIG and Mubadala, today announced the successful closing of the share sale and purchase agreement
Aramco and an international investor consortium, including EIG and Mubadala, today announced the successful closing of the share sale and purchase agreement
Positive response signals global confidence in Aramco’s long-term business strategy
Net income rises 30% year-on-year as upside captured from improved economic environment
Aramco and SABIC today announce their intention to transfer the marketing and sales responsibility for a number of Aramco petrochemicals and polymers products to SABIC..
Transaction reflects ongoing progress in Aramco’s portfolio optimization program, which aims to unlock value and maximize shareholder returns
Positive performance characterized by operational excellence and financial discipline.
Continued delivery on long-term strategy and commitment to dividend despite ongoing global challenges.
Continued progress on strategy and commitment to dividend enabled by resilience and financial prudence
The completion of the transaction enhances Aramco’s presence in the global petrochemicals industry, a sector expected to record the fastest growth in oil demand in the years ahead.