Oil producer Saudi Aramco’s Chief Executive Officer Amin Nasser said on Friday that the company’s relationship with Russia will grow as the two sides proceed with cooperation projects.
“Our ongoing strategic engagements and discussions with partners in Russia are taking our relationship to new heights,” he said at a groundbreaking ceremony for a new Saudi Aramco Research Center for upstream technologies in Moscow.
The comments were reported in a company statement.
Russia’s RIA news agency earlier quoted Nasser as saying that he planned to discuss the purchase of a stake in Novatek’s Arctic LNG-2 project with Novatek’s boss in Moscow on Friday.
Research lower emission fuel
Saudi Aramco and China’s Tsinghua University, engine manufacturer FAWDE and Shandong Chambroad Petrochemical Co. have agreed to start a research program dedicated to fuel and engine optimisation, the Saudi oil producer said in a statement on Friday.
“For the first time a major energy company, engine manufacturer, petrochemicals company and a renowned university come together to develop advanced fuel and engine technologies to reduce emissions,” Aramco said in a statement published on its website.
Saudi Aramco ‘absolutely ready’ for IPOSaudi oil giant Aramco is “absolutely ready” for its long-awaited IPO but several regulatory procedures remain, the kingdom’s ... Energy
Saudi Aramco confirms negotiations on massive gas project in RussiaAmin Nasser, CEO of Saudi Aramco, confirmed to Al Arabiya on Tuesday that negotiations are ongoing with Russia regarding a massive gas project. In an ... Energy
Russia wealth fund brings big delegation, art to Saudi FII forumA Russian delegation will take part in the Future Investment Initiative business forum next week in Saudi Arabia, where it will meet Saudi officials ... Gulf