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  • ALL RESULTS (176)
  • PAGES (52)
  • NEWS (7)
  • PUBLICATIONS (47)

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Showing 7 results

Related to Profitable Growth

Saudi Aramco acquires Shell’s share of the SASREF refining joint venture

NEWS

DHAHRAN, Saudi Arabia and THE HAGUE, The Netherlands, September 18, 2019

Saudi Arabian Oil Company (Saudi Aramco) has completed the acquisition of Shell Saudi Arabia Refining Limited’s (Shell) 50% interest of the SASREF joint venture in Jubail Industrial City, in the Kingdom of Saudi Arabia, for $631 million.

  • Downstream,
  • Financial Performance,
  • Performance,
  • Profitable Growth,
  • SASREF,
  • Ventures

Saudi Aramco reports first half 2019 net income of $46.9 billion

NEWS

DHAHRAN, Saudi Arabia, August 12, 2019

Saudi Aramco today announced for the first time its half-year financial results. The Company’s net income was $46.9 billion for the first half 2019, compared to $53.0 billion for the same period last year. Earnings before interest and tax was $92.5 billion, compared with $101.3 billion a year earlier.

  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth

Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture

NEWS

DHAHRAN, Saudi Arabia, April 21, 2019

The acquisition supports Saudi Aramco’s plan to increase the complexity and capacity of its refineries, as part of its long-term Downstream growth strategy.

  • Downstream,
  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth,
  • SASREF,
  • Ventures
saudi-aramco-to-acquire-stake-in-south-korean-hyundai-oilbank

Saudi Aramco to acquire stake in South Korean Hyundai Oilbank

NEWS

DHAHRAN, Saudi Arabia and SEOUL, April 15, 2019

The investment supports Saudi Aramco’s broader downstream growth strategy, as well as providing long term crude oil options and offtakes as part of our trading business.

  • Downstream,
  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth,
  • Refining
saudi-aramco-signs-share-purchase-agreement-to-acquire-70-major

Saudi Aramco signs share purchase agreement to acquire 70% majority stake in SABIC from the Public Investment Fund of Saudi Arabia

NEWS

RIYADH, Saudi Arabia, March 27, 2019

Currently, Saudi Aramco and SABIC have petrochemicals production capacity of 17 and 62 million tons per annum respectively.

  • Chemicals,
  • Downstream,
  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth

Saudi Aramco completes acquisition of remaining 50 percent stake in ARLANXEO joint venture from LANXESS, becoming full owner

NEWS

AMSTERDAM, Netherlands, December 31, 2018

Saudi Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced today the completion of Saudi Aramco’s acquisition of LANXESS‘s interest in ARLANXEO Holding B.V.

  • ARLANXEO,
  • Chemicals,
  • Downstream,
  • Financial Performance,
  • Performance,
  • Profitable Growth,
  • Ventures
saudi-aramco-signs-15-memoranda-of-understanding-mous-at-the-f

Saudi Aramco signs 15 Memoranda of Understanding (MoUs) at the Future Investment Initiative (FII) Forum worth $34 billion

NEWS

RIYADH, Saudi Arabia, October 23, 2018

Agreements and commercial collaborations cover several sectors across energy industry, will further promote localization and diversification of the Saudi economy

  • Financial Performance,
  • Investment,
  • Performance,
  • Profitable Growth

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