The crude oil sales agreements signed at the 2019 CIIE further solidify the Company’s position as China’s top crude supplier and reflect the Company’s marketing efforts on strategic relations and market expansion
Proposed joint venture with Air Products and ACWA Power will own and operate the Jazan Integrated Gasification Combined Cycle and Power Plant and Jazan Air Separation Unit, valued at approximately USD $11.5 billion.
Saudi Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced today the completion of Saudi Aramco’s acquisition of LANXESS‘s interest in ARLANXEO Holding B.V.
President and CEO Amin Nasser: “Saudi Aramco is proud to be a strategic partner in the Future Investment Initiative. We seek to be an active participant in the design of the economic future and standing of the Kingdom, not only domestically but also internationally.”