DHAHRAN, 3rd August, 2022 (WAM) Saudi Arabian Oil Company (Aramco) today signed a Memorandum of Understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec) covering multiple areas of potential collaboration between the parties in Saudi Arabia.
The MoU outlines pathways for strategic cooperation between Aramco and Sinopec and supports the long-term relationship between the two companies and their existing joint ventures in China and in the Kingdom, according to a press release issued by Aramco.
Mohammed Y. Al Qahtani, Aramco Senior Vice President of.
Saudi Arabian Oil Company (Aramco) has signed an MoU with China s Sinopec covering multiple areas of potential collaboration between the parties in Saudi Arabia. The firms will also explore setting up of a manufacturing hub in King Salman Energy Park.
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Aramco has signed a memorandum of understanding (MoU) with China s Sinopec covering multiple areas of potential collaboration between the parties in Saudi Arabia, including in refining and petrochemicals and engineering, procurement and construction.