Saudi Aramco is considering selling some assets to raise funds.

According to two sources familiar with the matter, as international oil prices remain low and the company advances its global expansion strategy, Saudi Aramco is exploring potential asset sales plans to release more cash flow. As the world's largest oil producer and the main source of income for the Saudi government, Saudi Aramco is expected to cut its dividend payments by nearly one-third this year due to a significant drop in oil prices severely impacting its revenue. The sources said the company has invited multiple investment banks to submit proposals on how to raise funds through existing assets. Additionally, two other sources familiar with the situation stated that cost reduction and efficiency improvement are currently the main focus, and asset sales are one of the options being considered. As of now, Saudi Aramco has not responded to the reports.