Aramco IPO part of a bigger plan
The Saudi state-owned producer is aiming for a formidable network of midstream and downstream assets
Saudi Aramco’s IPO is an integral part of the country’s Vision 2030, which is designed to channel the kingdom’s oil wealth into building a higher value-added economy. Engineering and petrochemicals development are key target areas of the masterplan, which includes dozens of large infrastructural and industrial projects worth hundreds of billions of dollars. “The success of Aramco's planned IPO is contingent on the company's ability to convince investors that it can generate value across the full product cycle,” says George Voloshin, a senior analyst at Aperio Intelligence, a UK-based strategic intelligence company. “For now, there is too little to show for Saudi Aramco's diversification str
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
