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This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors ...
Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up to invest in ...
Saudi Aramco (ARMCO) is close to a deal to raise ~$10B from a group led by BlackRock (NYSE:BLK) that has been set up to ...
The financing deal is tied to Aramco's $100 billion Jafurah shale gas project, one of the largest developments of its kind ...
Saudi Aramco is in advanced talks to sell a roughly $10 billion stake in midstream infrastructure serving the giant Jafurah ...
Arabian Gulf Business Insight on MSN6d
BlackRock-led group to invest $10bn in Aramco gas project
A group led by US asset manager BlackRock is reportedly in talks to invest around $10 billion in a pipeline and gas-fired power plants associated with Saudi Aramco’s giant Jafurah shale gas project.
Sources tell Reuters that the deal is backed by infrastructure, including pipelines, gas processing plant, and similar to the one Aramco agreed in 2021 ...
Jafurah remains a strategic priority for Aramco as Saudi heavyweight advances several projects aimed at increasing the ...
BlackRock Inc has held meetings with investors in London to drum up interest in a bond sale to begin refinancing a $13.4 billion loan that backed the asset manager's deal to buy a stake in Saudi ...
BlackRock this week named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the investment firm’s commitment to the oil industry.
BlackRock (BLK), the giant asset manager, is weighing the sale of its interest in the leasing rights to Saudi Aramco's (ARMCO) natural gas pipeline network back to the energy behemoth, according ...
BlackRock (NYSE:BLK) named Amin H. Nasser, the president and CEO of Saudi Arabian Oil Co. (Aramco), to its board, the asset management firm said Monday. Meanwhile, Bader M. Alsaad, director ...