Aramco Overseas looking for investors

Company takes centre stage at Aramco Investment Forum

AOC is on the look-out for investment.
AOC is on the look-out for investment.

Representatives of Aramco Overseas Company were in London last week, as part of a drive to attract revenue.

Opened by Fahad Al-Abdul Kareem, managing director of Aramco Overseas Company (AOC), the Aramco Investment Forum delivered a busy opening day — the first of four geared toward highlighting the Kingdom’s investment potential, according to the Arabian Sun.

Alongside the event holders, AOC, were a host of Saudi entities, including Saudi Aramco itself, whose chief representation came via Nabeel A. Al Mansour, vice president of Material Supply.

“As one of the world’s leading energy enterprises we are keen to underline the scope of opportunity between us and potential partners. Indeed, investors can work with us across many areas, from our core upstream business, to our expanding downstream portfolio,” said Al Mansour.

“Through offices around the world, we have an excellent track record of working with overseas partners, and in order to support both the growth of Aramco and the Kingdom, we are looking for partners to now join us in Saudi Arabia,” he added.

Aramco speakers shared how we are transitioning to go beyond oil and gas to become the world’s largest integrated energy and chemicals enterprise, and how transformation calls for investment to spread beyond core operations, extending into downstream activities and supporting industries.

In Europe, Saudi Aramco (through AOC) purchases high volumes of materials and services to support current operations in the Kingdom, making London a strategic location for hosting an investment-led event, added the report.

Newsletter

Most Popular

Digital Edition

Oil & Gas Middle East - September 2020

Subscribe Now