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Aramco awards over USD 25 bn in contracts as it pushes deeper into natural gas
Upon completion, the 4k km pipeline expansion will see Jafurah’s capacity boosted by some 3.2 bn standard cubic feet
Aramco accounts for more than three quarters of Saudi’s total intangible assets
Aramco accounted for 77% (SAR 6.5 tn) of the Kingdom’s intangible assets in 2023.
Aramco is closing in on 10% of Horse Powertrain
The transaction would see Renault and Geely each retain a 45% stake in the joint venture
Bankers haven’t had to prop-up Aramco’s share price since it pulled trigger on USD 11.2 bn secondary offering
Plus: A unit of Dar Al Arkan is eyeing a USD 300 mn push into the US luxury housing market
Developers of 5.5 GW worth of solar capacity just got a boost
Six new renewable energy projects with a total capacity of 6.7 GW have been tendered since the start of 2024
Aramco close to acquiring a 25% stake in Texas LNG export plant
Both sides expect the completion of the agreement
A USD 1.5 bn order for Siemens Energy
The two power plants aim to slash CO2 emissions by up to 60%
Afac awarded site development works for Aramco’s CCS project in Jubail
PLUS: Capella Hotel Group to open its first coastal destination in Saudi in Neom
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