Fitch positive on Saudi Arabian Oil Company's investment in Petronas' RAPID project
KUWAIT: Saudi Arabian Oil Co has promoted eight executives to top positions, including a senior vice president for downstream operations, as it seeks to double refining capacity and expand natural gas and chemical businesses ahead of what could be the world biggest share sale.
The world’s largest oil exporter, known as Saudi Aramco, appointed two senior vice presidents, six vice presidents and two associate general counsels, according to an internal memo obtained by Bloomberg that was dated Sunday and signed by chief executive officer Amin Nasser.
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