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

Summary by Semafor
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…

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AGBI broke the news in on Friday, July 18, 2025.
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