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No Ordinary IPO: Why Aramco Investors Should Scrutinize Saudi Rights Record - Human Rights Watch

Global investors are no doubt closely following what is billed as the world's largest initial public offering with Saudi Aramco's plans to float in 2018. Yet as investors weigh putting money into a state-controlled oil company, they should worry about ...and more »

Saudi Aramco signs deals to build Gulf's biggest shipyard - Arab News

JEDDAH: Saudi Aramco plans to build the Gulf's largest shipyard through a joint venture with three companies that it announced on Wednesday, a $5.2 billion project aimed at helping reduce the economy's reliance on oil. Aramco signed an agreement with ...and more »

'Axis of love': Saudi-Russia detente heralds new oil order - Reuters

MOSCOW (Reuters) - A meeting between the two men who run Russia and Saudi Arabia's oil empires spoke volumes about the new relationship between the energy superpowers. FILE PHOTO: Russian President Vladimir Putin shakes hands with Saudi ...and more »

UAE yards to benefit from Lamprell role in $5bn Saudi maritime project - The National

Lamprell has approval from its largest shareholder to join Saudi Arabia's huge King Salman shipyard project, which is expected to provide significant new work for its ailing UAE engineering yards ...and more »

Aramco agrees to joint venture for $5.2bn maritime yard - MEED

This article has been unlocked to allow non-subscribers to sample MEED's content for FREE. MEED provides exclusive news, data and analysis about the Middle East every day. Subscribe to MEED to have full access to Middle East business intelligence.and more »

Saudi Arabia's $5.2 Billion Maritime Project Boosts Lamprell - Bloomberg

Shares in Lamprell Plc gained the most in more than two years after the builder of oil rigs partnered with Saudi Aramco to develop the biggest maritime yard in the region. Saudi Arabian Oil Co., also known as Aramco, established a joint venture with ...and more »

Aramco-led quartet commit to Saudi maritime yard - Offshore Oil and Gas Magazine

Offshore staff. DHAHRAN, Saudi Arabia – Saudi Aramco has agreed to enter into a joint venture (JV) to establish a new maritime yard on the east coast of Saudi Arabia. The other partners are UAE fabricator Lamprell, the National Shipping Company of ...and more »

Saudi Aramco trading arm hiring staff for Singapore push -sources - THE BUSINESS TIMES

[SINGAPORE ] The trading arm of oil giant Saudi Aramco is looking to step up hiring for its Singapore office as it pushes into the regional energy hub, three sources with knowledge of the matter said. The office aims to employ 10 to 15 staff by year ...and more »

Lamprell part of a joint venture with Aramco to build a major maritme yard in Saudi Arabia - Proactive Investors UK

The London-listed group said the deal provides it with “a critical point of entry to the Saudi market with exposure to Saudi Aramco, the world's largest oil company”. Lamprell PLC (LON:LAM) saw its shares jump higher this morning after the small cap ...and more »

Saudi joint venture mega-shipyard set for operations from 2019 - Seatrade Maritime News

Saudi Aramco, Bahri, Hyundai Heavy Industries (HHI) and Lamprell are set to move ahead with the a $5.2bn joint venture mega-yard in Saudi Arabia with partial operation in 2019. The companies have agreed to form a new joint venture company with Saudi ...and more »