Petro Rabigh — project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
Integrated refining and petrochemical complex in the Kingdom. In October 2025 Aramco completed the acquisition of an additional stake of approximately 22.5% in Petro Rabigh from Sumitomo for SAR 2.6 billion ($0.7 billion), increasing its equity stake to approximately 60% of Class A shares and making it the largest shareholder (Sumitomo retained 15%). The transaction also transferred marketing rights for Petro Rabigh's products to Aramco. Supports the complex's ongoing transformation, including asset upgrades to increase the yield of high-margin products and enhance plant reliability.
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