Saudi Aramco selects U.S. firms to audit its reserves for IPO: sources | Reuters
'The Wall Street Journal was first to report that Aramco had hired Gaffney, Cline & Associates to assess its oil reserves, citing sources. '
'"Whether (all) the oil reserves would be IPO-ed or not, that's still being discussed."'
'DUBAI/KHOBAR, Saudi Arabia/LONDON State oil giant Saudi Aramco [IPO-ARMO.SE] has tasked two U.S. industry leaders in oil reserves auditing to review the content of its deposits as it pushes ahead with a share listing next year, industry sources said on Thursday. ', "Two separate sources said Aramco had also asked Dallas-based DeGolyer and MacNaughton, one of the world's oldest names in reserves auditing, to perform some work."
'"Aramco is in talks with a company to audit its reserves and another one to audit its finances," another Saudi-based industry source said. '
[–] derram ago
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'The Wall Street Journal was first to report that Aramco had hired Gaffney, Cline & Associates to assess its oil reserves, citing sources. '
'"Whether (all) the oil reserves would be IPO-ed or not, that's still being discussed."'
'DUBAI/KHOBAR, Saudi Arabia/LONDON State oil giant Saudi Aramco [IPO-ARMO.SE] has tasked two U.S. industry leaders in oil reserves auditing to review the content of its deposits as it pushes ahead with a share listing next year, industry sources said on Thursday. ', "Two separate sources said Aramco had also asked Dallas-based DeGolyer and MacNaughton, one of the world's oldest names in reserves auditing, to perform some work."
'"Aramco is in talks with a company to audit its reserves and another one to audit its finances," another Saudi-based industry source said. '
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