Archive · 24 Nov 2025

Saudi Aramco Plans Major Asset Sales

Saudi Aramco Plans Major Asset Sales

Saudi Aramco, the world's biggest oil exporter, is thinking about selling some of its assets to raise a lot of money.

They might sell parts of their oil storage and export terminals, as well as some of their buildings.

This could bring in more than $10 billion.

They are talking to banks and investors about this.

The company wants to use the money to keep investing in big projects, like the Jafurah gas project.

Oil prices have gone down a bit this year, so selling these assets could help them have more money for other important things.

The sales might start happening early next year.

Sources