Saudi Aramco: IPO Work to be Completed in H2

Published

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

Coastal Virginia Offshore Project Costs Increases to $11.5b

Coastal Virginia Offshore Proj

Equinor Extends Seadrill Drillship’s Stay off Brazil

Equinor Extends Seadrill Drill

MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

MODEC Partners with Eld Energy

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Conrad, Empyrean Agree Settlem

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine