EIG and Mubadala Invest in Saudi Aramco Oil Pipelines Company
Posted on 04/10/2021
Saudi Aramco, officially the Saudi Arabian Oil Company, inked a deal to sell a 49% stake in its oil pipelines venture to an international consortium led by U.S.-based EIG Global Energy Partners and Mubadala Investment Company for US$ 12.4 billion. As part of the transaction, a newly-formed Aramco subsidiary, Aramco Oil Pipelines Company, will lease […]
