Saudi Aramco: What Type of Returns?

Summary

Largest IPO in history may be on the horizon.

Saudi Arabia looking for revenue alternatives.

Even a small part of Saudi Aramco would be huge.


A number of variables would determine its attraction to investors, including the stock exchange or exchanges it would be listed on.

What this confirms about the oil market and the price of oil. In a recent interview with 'The Economist,' Saudi Arabian deputy crown prince Muhammad bin Salman said one of the things he's taking into consideration as a way to relieve the financial burden on the government from an expected prolonged period of low oil prices, is to go the IPO route with state-owned oil giant Saudi Aramco.

Not only is it the most valuable oil or energy company in the world, it's probably the valuable company in the world too.

Go here for more on investing in Saudi Aramco

Shell (NYSE:RDS-A), Saudi Aramco Venture's Second Phase to take Five Years

A statement from the joint venture between Royal Dutch Shell Plc (NYSE:RDS-A) and Saudi Aramco said the second phase of the exploration for natural gas will take five years to finish.

The exploration is being conducted in the southern Rub Al Khali desert.

Over the first phase of exploration, seven wells had been drilled in the Rub Al Khali region, with "good" results.

South Rub al-Khali Co., or SRAK, started the second phase of exploration on July 26.

“We will be conducting activities that will help us further evaluate the hydrocarbon resources of the greater Kidan area, their distribution and properties,” said SRAK.