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Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion ft3 of raw gas and 75 billion bbls of condensate.
This significant FDI underscores the value creation potential of Aramco’s current capital investment programme.
The deal is a key component in Aramco’s plans to increase gas production capacity by 60 per cent between 2021 and 2030, to ...
Aramco sealed a $11B Jafurah deal with BlackRock consortium in major lease-leaseback agreement for gas processing facilities.
Sudanese economist Mustafa Babiker, who has worked for the Saudi Aramco oil company for almost two decades, was named a ...
The world’s largest oil company Saudi Aramco has signed an US$11 billion lease and leaseback deal involving its Jafurah gas ...
Arabian Gulf Business Insight on MSN1d

Projects worth $90bn underway, says Aramco chief

State oil operator Saudi Aramco has projects under development worth nearly $90 billion, its CEO and president Amin Nasser has said. The world’s largest energy company, which has just signed a mega ...
Slaughter and May is advising GIP and White & Case is acting for Saudi Aramco on an $11 billion leaseback of Jafurah gas ...
Saudi Arabian oil company Aramco reported a 22% drop in second-quarter profit on Tuesday, and the world's top oil exporter said it was cutting costs and looking to divest assets as crude prices drop ...
Aramco in March outlined total dividends of US$85.4-billion for 2025 – a 31 per cent drop from more than US$124-billion the previous year. The performance-linked component is set to plunge 98 per cent ...
The Saudi kingdom has been talking about selling some shares of its prized oil giant for years. But the Saudi Aramco IPO comes during a rough time for global oil producers.