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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 ...
The award of a multibillion-dollar contract at Saudi Aramco's Jafurah unconventional gas field is likely to be delayed at ...
Saudi Aramco is in advanced talks to sell a roughly $10 billion stake in midstream infrastructure serving the giant Jafurah ...
Jafurah remains a strategic priority for Aramco as Saudi heavyweight advances several projects aimed at increasing the ...
Arabian Gulf Business Insight on MSN12d

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.
This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors reliable revenue.
A BlackRock-led consortium is set to inject $10 billion into the vital pipeline infrastructure of Saudi Aramco's Jafurah gas ...
The Jafurah project is a key component of Saudi Arabia’s Vision 2030, which seeks to boost gas production by 60% from 2021 levels while diversifying the nation’s energy mix.
The Jafurah unconventional gas field in the Kingdom’s Eastern Province is the largest unconventional non-associated gas field in the Kingdom, extending 170 km in length and 100 km in width ...