BlackRock-Led Group Close to $10B Deal for Aramco Assets

BlackRock-led group close to $10B deal for Aramco assets

Aramco is reportedly close to raising around $10 billion from a BlackRock-led group in a financing deal tied to its $100 billion Jafurah shale gas project, according to Reuters. The deal could be structured similarly to transactions in 2021 in which BlackRock and other investors leased rights to Aramco’s pipelines, then “leased them back to Aramco for a 20-year period,” Reuters reported. Those deals helped the oil producer raise almost $28 billi…

Aramco Secures $10 Billion BlackRock-Led Investment for Jafurah Gas Pipeline Network

Aramco Secures $10 Billion BlackRock-Led Investment for Jafurah Gas Pipeline Network Constantin Schreiber Fri, 07/18/2025 - 08:31 A BlackRock-led consortium is set to inject $10 billion into the vital pipeline infrastructure of Saudi Aramco's Jafurah gas project. This significant financial commitment highlights the central role of pipelines in expanding Saudi Arabia's natural gas production and its strategic shift towards a more diversified ene…

BlackRock-led group to invest $10bn in Aramco gas project

BlackRock among backers of Jafurah $100bn project central to Aramco plans Oil prices still declining A group led by US asset manager BlackRock is reportedly in talks to invest around $10 billion in a pipeline and gas-fired power plants associated with Saudi Aramco’s giant Jafurah shale gas project. It follows long-running speculation that the state-owned oil company will look to infrastructure asset sales to raise money in the face of dwindling …