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Aramco Said to Tap Evercore on Standalone Gas Unit, Possible Listing

Aramco Said to Tap Evercore on Standalone Gas Unit, Possible Listing

Saudi Aramco has engaged Evercore to advise on a restructuring that would create a dedicated gas division, Bloomberg reported, citing people familiar with the matter. Such a move could pave the way for a potential future listing of the gas unit, though no final decisions were reported.

Original headline

Saudi Aramco is working with Evercore on gas unit plans, Bloomberg News reports