Yousef Saba
Middle East Energy Correspondent at Reuters
@Reuters Mideast energy corro | Pvs: #Gulf finance, #Egypt & #Sudan | @Penn_State '16 | Send tips to [email protected]/+971562166204 (Signal) | RT≠endorsement
Articles
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3 weeks ago |
zawya.com | Yousef Saba
XRG, the international investment arm of Abu Dhabi National Oil Company, said on Tuesday it aims to have a gas and LNG business with capacity of between 20 million and 25 million metric tons per annum by 2035. XRG's board, which includes former BP CEO Bernard Looney and Blackstone's Jon Gray, approved a five-year business plan that aims to create an integrated gas and LNG business that included the capacity target, XRG said in a statement.
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4 weeks ago |
zawya.com | Yousef Saba
Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major may soon tap the debt markets again after it raised $5 billion from a three-part bond sale this week. The prospectus, submitted to the London Stock Exchange where the sukuk would be listed, is dated May 30. Aramco has a year to issue sukuk under its terms. Aramco earlier this week raised $5 billion from a sale of conventional bonds.
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4 weeks ago |
gurutrade.com | Yousef Saba |David Holmes
DUBAI, May 29 (Reuters) - ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 million, creating a joint venture it seeks to double in the next year, its chief financial officer said on Thursday. The acquisition, expected to close in the first quarter of 2026, will give ADNOC Drilling - a unit of Abu Dhabi state oil major ADNOC - access to eight operational onshore drilling rigs, six in Oman and two in Kuwait.
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4 weeks ago |
reuters.com | Yousef Saba
Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo DUBAI, May 29 (Reuters) - ADNOC Drilling (ADNOCDRILL.AD), opens new tab will acquire a 70% stake in oil services firm SLB's (SLB.N), opens new tab onshore rig business in Oman and Kuwait for up to $112 million, creating a joint venture it seeks to double in the next year, its chief financial officer said on Thursday.
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1 month ago |
today.westlaw.com | Yousef Saba |David Holmes
DUBAI (Reuters) -ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 million, creating a joint venture it seeks to double in the next year, its chief financial officer said on...
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Hello from Riyadh, where we are covering U.S. President Donald Trump's visit to Saudi Arabia, his first stop on a tour that will take him to Doha and Abu Dhabi next. Stay tuned https://t.co/FMHubFlhIL
How the oil price plunge complicates Saudi Arabia's economic agenda https://t.co/vZCyeD6kFh
Exclusive: ADNOC eyes international listing of XRG, sources say - via @Reuters https://t.co/0kr84lbf68