http://www.worldoil.com WorldOil Aramco IPO bankers question whether deal is worth the effort https://www.worldoil.com/news/2019/7/18/aramco-ipo-bankers-question-whether-deal-is-worth-the-effort When Saudi Arabia announced plans to sell shares in its crown jewel Aramco, international bankers scrambled to get a piece of the action. Three years on, they’re questioning whether what could be the world’s biggest IPO is worth their time and effort. EIA: Iran drove unplanned OPEC production outage to highest levels since 2015 https://www.worldoil.com/news/2019/7/18/eia-iran-drove-unplanned-opec-production-outage-to-highest-levels-since-2015 EIA says unplanned crude oil production outages for OPEC averaged 2.5 MMbpd in the first half of 2019, the highest six-month average since the end of 2015. Sparrows Group secures approved supplier status from Saudi Aramco https://www.worldoil.com/news/2019/7/16/sparrows-group-secures-approved-supplier-status-from-saudi-aramco Global specialist equipment and integrated engineering services company, Sparrows Group, has bolstered its position in Saudi Arabia after securing vendor approval status from the national oil company, Saudi Aramco. Saudis pledge to keep doing OPEC's heavy lifting as shale surges https://www.worldoil.com/news/2019/7/11/saudis-pledge-to-keep-doing-opecs-heavy-lifting-as-shale-surges Saudi Arabia is fulfilling its pledge to make deeper cuts in oil output than the OPEC+ agreement on output requires, according to the first indication of the kingdom’s production since the supplier group extended curbs earlier this month. McDermott wins record EPCI mega-project for Marjan Package 1 https://www.worldoil.com/news/2019/7/10/mcdermott-wins-record-epci-mega-project-for-marjan-package-1 McDermott International, Inc., has announced that it has been awarded a contract in excess of $3 billion for Package 1 of Saudi Aramco's Marjan Increment Development Mega-Project to provide engineering, procurement, construction and installation (EPCI) of the Gas-Oil Separation Plant (GOSP), in a consortium with China Offshore Oil Engineering Company (COOEC). Aramco awards $18 billion in deals to boost capacity, despite OPEC pledge to restrict output https://www.worldoil.com/news/2019/7/9/aramco-awards-18-billion-in-deals-to-boost-capacity-despite-opec-pledge-to-restrict-output Saudi Aramco, the world’s largest crude exporter, awarded $18 billion in contracts to boost output capacity at two offshore oil fields even as the kingdom and its OPEC partners restrict production. Oil and gas in the capitals https://www.worldoil.com/magazine/2019/july-2019/columns/oil-and-gas-in-the-capitals Middle Eastern Oil: Is Trump making the situation worse? Saudi Arabia, Kuwait make breakthrough in Neutral Zone oil talks https://www.worldoil.com/news/2019/7/4/saudi-arabia-kuwait-make-breakthrough-in-neutral-zone-oil-talks Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a breakthrough in recent talks, according to people familiar with the matter. Saudi Aramco to restart preparations for giant IPO https://www.worldoil.com/news/2019/7/2/saudi-aramco-to-restart-preparations-for-giant-ipo Saudi Arabia is restarting preparations for a potential initial public offering of oil giant Aramco, months after putting the planned listing on hold, people familiar with the matter said. Russia, Saudi Arabia agree to maintain oil cuts for as long as nine months https://www.worldoil.com/news/2019/6/30/russia-saudi-arabia-agree-to-maintain-oil-cuts-for-as-long-as-nine-months Russian President Vladimir Putin struck a deal with Saudi Crown Prince Mohammed Bin Salman to extend the OPEC+ agreement at current production levels for the rest of this year and potentially into early 2020.