This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors ...

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.

DUBAI/LONDON: Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up ...

Jafurah remains a strategic priority for Aramco as Saudi heavyweight advances several projects aimed at increasing the ...

Investing.com -- BlackRock (NYSE:BLK) is exploring a potential sale of its stake in Saudi Aramco’s natural-gas pipeline leasing entity, Bloomberg reported on Thursday, citing people familiar ...

Arabian Post Staff -Dubai BlackRock Inc is reportedly engaged in discussions with Saudi Aramco over the future ownership of its stake in th Tuesday, 02 January 2024 12:17 GMT عربي ...

BlackRock (NYSE:BLK) is reportedly in talks to sell its stake in Aramco’s natural-gas pipeline network, marking a significant shift in its asset strategy. This move coincides with a remarkable 32% ...

The stake dates back to 2021, when a consortium led by BlackRock invested $15.5 billion to acquire 49% of a company holding leasing rights over Aramco’s gas pipelines.

BlackRock, meanwhile, has continued to deepen its ties across the Middle East. It was the first global investment manager to establish an office in Riyadh and has active investments across Gulf ...