Saudi Aramco: IPO Work to be Completed in H2

Saudi Aramco Chief Executive Officer Amin Nasser said on Thursday that all work required from the oil giant for its initial public offering (IPO), which could be the biggest in history, will be completed in the second half of 2018.
 
Speaking at a conference in London, Nasser added that the decision on the listing venue "and the rest is a job for the shareholder".
 
Saudi Crown Prince Mohammed bin Salman on Wednesday embarked on a trip to Britain and the United States, which could shape the decision on where to list the company.
 

London and New York are among the leading financial centres seen as frontrunners to host the international leg of the flotation alongside a Riyadh listing.

 

Reporting by Dasha Afanasieva and Clara Denina 

Current News

Aker Solutions Awarded Contract for BalWin2 Offshore Wind Project

Aker Solutions Awarded Contrac

Nigeria Introduces Oil Tax Relief for Cost-Cutting Measures Implementation

Nigeria Introduces Oil Tax Rel

Gazelle Secures Multi-Million Funding for Floating Wind Demo

Gazelle Secures Multi-Million

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

OMV Exits Ghasha Gas Project o

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine