The Wayback Machine - https://web.archive.org/web/20190916205346/https://www.wsj.com/articles/attack-increases-risks-for-saudi-aramcos-ipo-11568621756
  • Text
  • 18

Saudi Officials Consider Delaying Aramco IPO After Attacks

Saudi energy officials and Aramco executives are debating rescheduling the IPO until after the company fully restores its production

The strikes on Saudi Arabia’s oil infrastructure have led to a production shutdown on a scale the world hasn’t seen for decades. It could have long-lasting consequences for global markets and politics. Photo: Reuters

Saudi Arabian officials are discussing delaying Aramco’s initial public offering, after attacks on the company’s largest oil facilities sidelined more than half of the kingdom’s output, people familiar with the matter said.

The Saudi Arabian Oil Co., as Aramco is officially known, has been gearing up for a two-part IPO, in which it had hoped to first sell a sliver of itself to investors on the local Saudi exchange and then list shares internationally, according to people familiar with the matter. The listing plans have long...