Aramco Warns Employees Against Taking Pictures of Sites

A metal part of a damaged tank is seen at the damaged site of Saudi Aramco oil facility in Abqaiq, Saudi Arabia, September 20, 2019. (Reuters)
A metal part of a damaged tank is seen at the damaged site of Saudi Aramco oil facility in Abqaiq, Saudi Arabia, September 20, 2019. (Reuters)
TT
20

Aramco Warns Employees Against Taking Pictures of Sites

A metal part of a damaged tank is seen at the damaged site of Saudi Aramco oil facility in Abqaiq, Saudi Arabia, September 20, 2019. (Reuters)
A metal part of a damaged tank is seen at the damaged site of Saudi Aramco oil facility in Abqaiq, Saudi Arabia, September 20, 2019. (Reuters)

Saudi Aramco has renewed its work on banned facilities and operating sites, as well as sites under construction in the company.

The company issued a statement warning its employees against uploading, sending, or exchanging any photographs or videos of the restricted and under construction areas on social media.

The statement indicated that this action is strictly prohibited unless the required approval is taken.

Aramco cautioned its employees that in the event of non-compliance, the company will take firm disciplinary action.

The company’s reminder comes just days after Saudi Aramco's Abqaiq plant was hit by a terrorist attack that caused a major fire at the plant, the world's largest oil refinery, as well as another attack on an oil facility in Khurais located on the road between al-Ihsa and Riyadh.

Although Saudi Aramco has been able to control the attacks, the company's industrial security department preferred to be careful by reminding its employees of the ban and tightening security in this regard.

Meanwhile, Aramco hired UBS Group and Deutsche Bank as book-runners for its initial public offering, two sources familiar with the matter said.

This is an indication that the deal is moving ahead despite the recent attack on Aramco’s oil facilities.

The company started informing banks about the bookrunners’ roles, one of the sources said.

Reuters revealed that Aramco finalized nine banks for top roles as global coordinators in recent weeks, and more banks are expected to be named in junior roles, the sources said.

Aramco has also added Barclays and BNP Paribas as bookrunners, Bloomberg cited people familiar with the matter.

Doubts had emerged about the timeline of the potentially $20 billion domestic leg of the IPO among investors after last Saturday’s attacks on two sites that usually process and clean up about 5.7 million barrels per day (bpd).

Aramco said that by the end of September it will resume full crude output at Abqaiq and Khurais.

The company’s meeting with analysts, ahead of the expected IPO in late November, is also scheduled for early next week, two other sources said.

Aramco’s listing is the first step toward an eventual sale of up to 5 percent, with another 1 percent expected to be sold domestically next year, followed by an international listing.

Initial hopes for an international listing dissipated when the share sale was halted last year amid a debate over an overseas venue and valuation.

Aramco had said the delay was due to its deal to acquire a 70 percent stake in petrochemicals maker Saudi Basic Industries Corp. Crown Prince Mohammed put a $2 trillion valuation on the company in early 2016.



Qatar PM Says Gaza Ceasefire Talks Make Some Progress

FILE PHOTO: The minaret of the Great Omari Mosque, which was hit in previous Israeli strike during the war, stands damaged in Gaza City, March 17, 2025. REUTERS/Dawoud Abu Alkas/File Photo
FILE PHOTO: The minaret of the Great Omari Mosque, which was hit in previous Israeli strike during the war, stands damaged in Gaza City, March 17, 2025. REUTERS/Dawoud Abu Alkas/File Photo
TT
20

Qatar PM Says Gaza Ceasefire Talks Make Some Progress

FILE PHOTO: The minaret of the Great Omari Mosque, which was hit in previous Israeli strike during the war, stands damaged in Gaza City, March 17, 2025. REUTERS/Dawoud Abu Alkas/File Photo
FILE PHOTO: The minaret of the Great Omari Mosque, which was hit in previous Israeli strike during the war, stands damaged in Gaza City, March 17, 2025. REUTERS/Dawoud Abu Alkas/File Photo

Qatar's prime minister said on Sunday that efforts to reach a new ceasefire in Gaza have made some progress but an agreement between Israel and Hamas to end the war remains elusive.

"We have seen on Thursday a bit of progress compared to other meetings yet we need to find an answer for the ultimate question: how to end this war. That's the key point of the entire negotiations," said Sheikh Mohammed bin Abdulrahman Al Thani, who also serves as foreign minister, Reuters reported.

Mossad Director David Barnea traveled to Doha on Thursday to meet Sheikh Mohammed amid efforts to reach a new ceasefire in Gaza, Axios reported last week.

Sheikh Mohammed didn't say which elements of the ceasefire talks had progressed in recent days, but said Hamas and Israel remained at odds over the ultimate goal of negotiations.

He said the militant group is willing to return all remaining Israeli hostages if Israel ends the war in Gaza. But Israel wants Hamas to release the remaining hostages without offering a clear vision on ending the war, he said.

"When you don't have a common objective, a common goal between the parties, I believe the opportunities (to end the war) become very thin," Sheikh Mohammed said at a press conference with Turkish Foreign Minister Hakan Fidan.

Fidan said talks Turkish officials have held with Hamas had shown the group would be more open to an agreement that goes beyond a ceasefire in Gaza and aims for a lasting solution to the crisis with Israel, including a two-state solution.

Israel resumed its offensive in Gaza on March 18 after a January ceasefire collapsed, saying it would keep up pressure on Hamas until it frees the remaining hostages still held in the enclave. Up to 24 of them are believed to still be alive.

The Gaza war started after Hamas' October 7, 2023 attack. Since then, Israel's offensive on the enclave killed more than 51,400, according to local health officials.