Saudi Aramco drops Morgan Stanley on gas pipelines deal -sources By Reuters – Investing.com
- Date: 13-Jul-2021
- Source: Investing.com
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi Aramco drops Morgan Stanley on gas pipelines deal -sources By Reuters – Investing.com
By Rania El Gamal and Saeed Azhar
DUBAI (Reuters) - Saudi Aramco (SE:) has dropped Morgan Stanley (NYSE:) as an advisor for the sale of its gas pipelines and picked JPMorgan (NYSE:) and Goldman Sachs (NYSE:) for the role, three sources familiar with matter said.
JPMorgan had also advised Aramco on the sale of the oil pipeline business, which was sold to a consortium led by Washington-DC based EIG Global Energy Partners for $12.4 billion.
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