Showing 25 results
Related to Financial Performance
DHAHRAN, Saudi Arabia, September 27, 2021
Aramco, Air Products (NYSE: APD), ACWA Power and Air Products Qudra today announced the signing and finalization of definitive agreements for the asset acquisition and project financing of the $12 billion air separation unit (ASU)/gasification/power joint venture (JV) in Jazan Economic City.
DHAHRAN, Saudi Arabia, September 07, 2021
22 new MoUs and 1 JV agreement signed between leading global companies
DHAHRAN, Saudi Arabia, August 08, 2021
Q2 net income rises 288% and free cash flow up by 270% YoY as Company delivers key milestones.
DHAHRAN, Saudi Arabia, June 18, 2021
Aramco and an international investor consortium, including EIG and Mubadala, today announced the successful closing of the share sale and purchase agreement
DHAHRAN, Saudi Arabia, June 17, 2021
Positive response signals global confidence in Aramco’s long-term business strategy
DHAHRAN, Saudi Arabia, April 29, 2021
Aramco and SABIC today announce their intention to transfer the marketing and sales responsibility for a number of Aramco petrochemicals and polymers products to SABIC.
DHAHRAN, Saudi Arabia, April 09, 2021
Transaction reflects ongoing progress in Aramco’s portfolio optimization program, which aims to unlock value and maximize shareholder returns
DHAHRAN, Saudi Arabia, August 09, 2020
Continued progress on strategy and commitment to dividend enabled by resilience and financial prudence
DHAHRAN, Saudi Arabia, June 17, 2020
The completion of the transaction enhances Aramco’s presence in the global petrochemicals industry, a sector expected to record the fastest growth in oil demand in the years ahead.
DHAHRAN, Saudi Arabia, March 15, 2020
The Saudi Arabian Oil Company today announced its full-year 2019 financial results.
DHAHRAN, Saudi Arabia, February 22, 2020
Jafurah is the largest unconventional non-associated gas field in the Kingdom, with a length of 170 km and a width of 100 km.
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.
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.
DHAHRAN, Saudi Arabia, July 09, 2019
34 contracts awarded, boosting fields’ production capacity by 550,000 barrels per day of Arabian Crude Oil and 2.5 billion standard cubic feet a day of gas.
SEOUL, June 26, 2019
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets.
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.
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.
RIYADH, Saudi Arabia, March 27, 2019
Currently, Saudi Aramco and SABIC have petrochemicals production capacity of 17 and 62 million tons per annum respectively.
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.
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
DHAHRAN, Saudi Arabia, August 17, 2018
Saudi Aramco today released its 2017 Annual Review highlighting the significant calendar year achievements in progressing its long-term strategy as the world’s leading integrated energy company.