World’s largest oil company aims to generate ‘double-digit billions of dollars’, according to Abdulaziz Al Gudaimi, senior vice president for corporate development
Aramco Oil Pipelines Company
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Aramco Oil Pipelines Company
Mubadala joins investor group looking to take stake in Aramco’s crude oil pipeline
Abu Dhabi’s Mubadala Investment Company joined the EIG Global Energy Partners-led group for the deal that is expected to help Saudi Aramco monetise its pipeline assets
Aramco Oil Pipelines Company
JPMorgan eyes $100 million payday on trade linked to Aramco deal
The bank is poised to book gains on a hedging transaction with U.S. investment firm EIG Global Energy Partners LLC, which agreed last month to invest $12.4 billion in the pipelines
Aramco Oil Pipelines Company
Pipeline deal shows oil still king for investors in Saudi Arabia
The sale of the stake to EIG Global Energy Partners LLC shows how reliant Saudi Arabia is on its traditional mainstay
Aramco Oil Pipelines Company
Aramco selling $12.4 billion stake in pipeline rights unit
The group will acquire a 49 percent equity stake in Aramco Oil Pipelines Co., a newly formed entity with rights to 25 years of rate payments for oil shipped through the Saudi oil giant’s network of conduits