Sentence examples for in aramco from inspiring English sources
Selling shares in Aramco may happen in 2018.
"People worry that no one knows what's going on in Aramco," says Mr Hertog.
"There is a genuine nationalism in Aramco," says Steffen Hertog, a researcher at the London School of Economics.
It includes a plan to eventually sell shares in Aramco, which is state-owned, to generate a two-trillion-dollar megafund for non-oil-sector development and investment.
Casoc was renamed the Arabian American Oil Company (Aramco) in 1944, and in 1948 Socal and Texaco sold shares in Aramco to other U.S. oil companies, most notably Standard Oil of New Jersey (later Exxon Mobil).
"If western investors are to be interested in Aramco they are going to want all sorts of details and reassurances about the way the company will be run, its growth prospects and dividend policies.
It joined with Standard Oil of California (Socal) in half ownership of ventures in the Middle East and Indonesia such as the Caltex group of companies in Bahrain, the Arabian American Oil Company (Aramco) in Saudi Arabia, and holding companies in Sumatra and Java.
In conversations with Forbes in 2008 Aramco executives insisted that by continuing to treat Ghawar with kid gloves they'll be able to coax 4 million bpd out of her for many years to come.
In 1951 Aramco found the first offshore oil field in the Middle East.
In the Haradh-III subsection of Ghawar, brought online in 2006, Aramco used only 32 wells to achieve 300,000 barrels a day of capacity.
In 1950 Aramco put into operation the Trans-Arabian Pipe Line (Tapline), which ran from Al-Qayṣūmah Al-Qayṣūmahabin acroSaudi Arabiad Syriacrossts Mediterranean terminal at Sidon, Lebanon.
