Majid Mufti, CEO of Saudi Aramco Energy Ventures, comments on its investment strategy, its new $500 million fund, and some of its success stories
investment
Posted inProducts & Services
Coronavirus to delay most 2020 FPSO deliveries and postpone $30 billion E&P investments
At present, 28 FPSOs are under development globally, 15 of which are being built in China
Posted inProducts & Services
Bahrain attracts 134 companies investing $835 million in 2019
The investments are expected to create more than 6,000 jobs in the local market in the next three years
Posted inDRILLING & PRODUCTION
Offshore segment cash flow hit $89bn in 2019: Rystad Energy
Espen Erlingsen, head of upstream research at Rystad Energy, comments on the offshore segment in 2019
Posted inProducts & Services
APICORP invests in Al Khorayef United Holding
APICORP has made its first equity investment in Kuwait
Posted inDRILLING & PRODUCTION
Years of offshore investments could be valueless: Rystad Energy
Following the latest investment upturn, international oil companies are struggling to make money from their offshore assets, says Rystad Energy
Posted inProducts & Services
MENA power sector needs $209bn investments until 2023: APICORP
Close to 87GW of generation capacity is currently under execution, driven by the UAE (19%), followed by Saudi Arabia (17%) and Egypt (16%)
Posted inProducts & Services
Brooge Petroleum plans to list on Nasdaq in $1bn reverse merger
The Fujairah based company hopes to expand storage capacity to 1mn cubic metres by the second half of 2020.
Posted inNews
APICORP issues a $750 million 5-year bond
The transaction is part of the corporation’s diversification strategy