LONDON: Saudi Aramco reshuffled its senior management and created a division focused on “portfolio optimisation, ” as the world’s biggest oil producer adapts to low crude prices and seeks new ways to raise cash.
The Saudi state energy company appointed senior vice president Abdulaziz Al Gudaimi to lead a new corporate development team that will “assess existing assets” and boost access to “growth markets, ” it said in a statement. He will report to chief executive officer Amin Nasser and start on Sept 13.
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