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    Saudi Arabian Oil launches affiliate in Beijing

    2012-11-14 15:57 China Daily     Web Editor: qindexing comment

    The Saudi Arabian Oil Co, the integrated global petroleum and chemicals enterprise, announced on Tuesday the official opening of Aramco Asia in Beijing, a move that shows the strategic importance of the Asian market to the company.

    Aramco Asia, a wholly owned affiliate of Saudi Aramco, will serve as the business and cultural exchange hub between Saudi Aramco and China.

    "Our new Asia office in Beijing will be a hub for facilitating our joint activities in general and investment opportunities arising from the capital projects in Saudi Arabia and Asia," said Abdulrahman F. Al-Wuhaib, senior vice-president of its downstream business.

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