Aramco weighing its biggest-ever asset sale

Sale of oil terminals, real estate being considered in $10 billion push

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Falling oil prices and delayed projects are driving Saudi Aramco's asset disposal plans, as it seeks to free up cash for investments.

Saudi Aramco is considering plans to raise billions of dollars by selling a range of assets, people familiar with the matter said, deals that could rank as its most significant disposals ever.

The firm is weighing the sale of a stake in its oil export and storage terminals as part of the plans, the people said, declining to be identified as the information is confidential. Banks have been asked to pitch for roles on feasibility studies for the disposals, which could fetch more than $10 billion, they said.

Equity sale possible