Saudi Aramco CEO says IPO will 'certainly' happen

Published

Saudi Aramco CEO Amin Nasser (Photo: Saudi Aramco)
Saudi Aramco CEO Amin Nasser (Photo: Saudi Aramco)

Saudi Aramco Chief Executive Officer Amin Nasser said the initial public offering of the state-oil producer will "certainly" happen when the conditions are right.

Saudi Aramco said it is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic) from the kingdom's sovereigh wealth fund, the Public Investment Fund, he said at a conference in Abu Dhabi.


(Reporting by Rania El Gamal; writing by Maher Chmaytelli)

Current News

TVO Adds to Project Management Team

TVO Adds to Project Management

BOEM Proposes BBG3, Third Gulf of America Lease Sale

BOEM Proposes BBG3, Third Gulf

Op/Ed: Crude Oil's Iran Premium Assumes No Supply Disruption

Op/Ed: Crude Oil's Iran Premiu

Turkey Objects to Greece’s Chevron Energy Deal in Eastern Mediterranean

Turkey Objects to Greece’s Che

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine