During the Offshore Technology Conference (OTC) week, Aramco conducted a business forum for North American companies to learn about opportunities to partner with Saudi Aramco and invest in the Kingdom. With a theme of “Doing Business in Saudi Arabia,” the event in Houston was the second of its kind held in conjunction with the U.S.
Even as Aramco expands further downstream in refining and chemicals, the company’s commitment to its core upstream oil and gas program remains strong. For attendees at the annual Offshore Technology Conference (OTC), the world’s largest oil and gas industry event, this comes at a time when continued long-term investment is needed to meet growing global
Saudi Aramco today signed agreements with major U.S. companies which will pave way for the company to enhance its business synergy with the U.S. as well as attracting investments from its U.S. counterparts to the Kingdom. The agreements were signed in Riyadh today in the presence of The Custodian of The Two Holy Mosques King
Saudi Aramco, China North Industries Corporation (NORINCO), and Panjin Xincheng Industrial Group, Co., Ltd. signed the joint development agreement and held a groundbreaking ceremony for the Saudi Aramco – NORINCO Refining, Petrochemical and Retail Project in Panjin, in northeast China’s Liaoning province. The idea for this project received a major boost during the visit by The Custodian
Nearly 40 Korean companies and 100 participants recently attended the “Downstream Manufacturing Opportunities in Saudi Arabia” forum in Seoul, South Korea, as a way to promote investment opportunities in Saudi Arabia. Organized by Aramco Asia-Korea (AAK) in collaboration with Sadara Chemical Company, the Royal Commission for Jubail and Yanbu’ (RCJY), and the Saudi Arabian Industrial
Roads of Arabia: Archeological Treasures of Saudi Arabia’ exhibition, a joint initiative of Saudi Aramco’s King Abdulaziz Center for World Culture and the Saudi Commission for Tourism and National Heritage (SCTH), was inaugurated yesterday at the National Museum of Korea in Seoul. The exhibition was inaugurated by HRH Prince Sultan bin Salman Al Saud, President
Saudi Aramco President and Chief Executive Officer Amin H. Nasser said today as the global oil market rebalances, the industry needs to avoid letting short term factors overshadow the need for long term investments. Oil will play a key role in meeting future global energy demand despite scenarios of peak demand and stranded resources, which
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