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FinancialNews


  • 12-11-17

    Saudi Aramco to showcase at Adipec

    (MENAFN) As Abu Dhabi International Petroleum Exhibition and Conference (Adipec) starts this week, state oil giant Saudi Aramco is set to send its biggest delegation to the expo, where Middle East national oil companies (NOCs) establish new commercial partnerships and diversify their operations to ensure sustained long-term growth, according to the organizers of the event.

    Saudi Aramco controls around 15 per cent of the world's oil reserves, with a production capacity of around 12 million barrels of oil per day and rights to at least 260 billion barrels of recoverable oil in the kingdom.

    While the company moves forward with plans for a historic stock market listing, it is also making a series of strategic investments worldwide.

    MENAFN1211201700450000ID1096074232

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