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Saudi Aramco considers $100 billion standalone gas unit
Saudi Aramco is considering a major restructuring to create a standalone natural gas division, which could be valued at more than $100 billion. The company has reportedly engaged investment bank Evercore to advise on the move, while Boston Consulting Group has provided guidance on the initiative, known as ‘Project Gamma’.
The creation of this independent unit is intended to unlock value and could pave the way for a future initial public offering (IPO) or a minority stake sale. This strategic shift would allow Aramco to develop domestic gas resources more effectively and build an international liquefied natural gas (LNG) portfolio.
This move aligns with a broader trend among Gulf energy companies to offer external investors stakes in specific business segments while maintaining operational control. In tandem with this restructuring, Aramco is also exploring the sale of up to $35 billion in assets, including real estate and interests in oil export terminals, to fund government projects and support dividend payments.
Entities
Boston Consulting Group · Evercore · Jafurah · SABIC · Saudi Aramco
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 5 SOURCES] The restructuring could lead to an initial public offering (IPO) or a minority stake sale of the gas unit. www.elaosboa.com · www.ot.gr · boereport.com · www.mononews.gr · www.sofokleousin.gr
- [○ 1 SOURCE] The gas strategy is supported by the Jafurah unconventional gas field development. www.sofokleousin.gr
- [● 5 SOURCES] The potential gas division could be valued at over $100 billion. www.elaosboa.com · www.ot.gr · boereport.com · www.mononews.gr · www.sofokleousin.gr
- [● 5 SOURCES] Saudi Aramco has hired Evercore to advise on a potential restructuring to create an independent gas division. www.elaosboa.com · www.ot.gr · boereport.com · www.mononews.gr · www.sofokleousin.gr
- [● 4 SOURCES] Boston Consulting Group advised on the gas business split under the name ‘Project Gamma’ to unlock value. www.elaosboa.com · www.ot.gr · boereport.com · www.sofokleousin.gr
- [● 2 SOURCES] Aramco is simultaneously working to sell up to $35 billion in assets to fund government projects and dividends. www.elaosboa.com · www.sofokleousin.gr