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Wednesday, November 25 - 2009

Saudi Aramco creates new business opportunities with opening of Kuala Lumpur office

  • Saudi Arabia: Saturday, November 11 - 2006 at 10:28
  • PRESS RELEASE

Saudi Aramco executives officially opened the new Aramco Overseas Company (AOC) office in Kuala Lumpur, Malaysia.

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The office will focus on the strategic sourcing of new companies involved in manufacturing and contracting of material for Saudi Aramco, creating significant business opportunities for Malaysia through the company's massive capital programs.

Saudi Aramco's long-range plan is to focus on and capture the emerging markets in South East Asia, through a combination of the strategic location of the Kuala Lumpur office in the region and Saudi Arabia's strong commercial, cultural and religious ties with Malaysia.

"Saudi Aramco has strong ties with some Malaysian manufacturers and service providers, and we are eager to enhance and expand on these relationships,"

said Abdulaziz F. Al-Khayyal, Saudi Aramco Sr. Vice President of Refining, Marketing and International.

"This new office in Kuala Lumpur, in the heart of this nation's petroleum industry, will allow us to better coordinate future business opportunities here."

The main function of the AOC office in Kuala Lumpur, which operates under AOC's direct supervision, is to identify and assess manufacturer capability and performance, focusing on material supply services and inspection, against Saudi Aramco's critical commodities.

The AOC office is optimally located at the global energy landmark of Petronas Twin Towers, in the heartland of Kuala Lumpur's city center and commercial hub. Most international energy companies are located in or near to the towers, which is close to the cities diplomatic area.
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Notes and media contacts

Physical address
Aramco Overseas Company B.V.,
Level 40,Tower 2,
Petronas Twin Towers,
Kuala Lumpur City Center,
50088 Kuala Lumpur,
Malaysia.

About Saudi Aramco

Owned by the Saudi Arabian Government, Saudi Aramco is a fully-integrated, global petroleum enterprise, and a world leader in exploration and producing, refining, distribution, shipping and marketing. The company manages proven reserves of 260 billion barrels of oil (nearly a quarter of the world's total) the largest of any company in the world, and manages the fourth-largest gas reserves in the world.

Saudi Aramco, through its affiliate Vela International Marine Ltd., owns and operates the world's second largest tanker fleet to help transport its crude oil production, which amounted to 3.3 billion barrels in 2005. In addition to its headquarters in Saudi Arabia's Eastern Province city of Dhahran, Saudi Aramco has affiliates, joint ventures and subsidiary offices in China, Japan, Netherlands, Philippines, Republic of Korea, Singapore, United Arab Emirates, United Kingdom and the United States.

About Aramco Overseas Company B.V. Company

Aramco Overseas Company B.V. (AOC) is an affiliate of Saudi Aramco, the national oil company of Saudi Arabia. AOC operates across the globe in all areas excluding North America and the Kingdom of Saudi Arabia.

AOC provides our affiliates in the Saudi Aramco global oil and gas enterprise with a wide range of services including Finance Services such as treasury and accounting; Supply Chain Management services such as purchasing, logistics, vendor liaison and contracting; Technical Services such as engineering and inspection and Support Services such as recruitment, human resources and public relations.

AOC is the major shareholder in 4 Joint Ventures including TEAM Terminal BV in the Netherlands.

AOC services are administered from the AOC headquarters in Leiden, the Netherlands and from branch and affiliate offices in Tokyo and Hong Kong.

For more information about AOC contact
Aramco Overseas Company B.V. (AOC)
P.O. Box 222
2300 AE Leiden
The Netherlands
Telephone: +31 (0) 71 5160600
Fax: +31 (0) 71 5160610
Internet www.aramcooverseas.com

For press information:
Neville E. Roome,
Saudi Aramco International Media Relations
Tel: +966 3 874 5419

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