Saudi Aramco has signed a landmark gas exploration and production deal with Royal Dutch Shell and TotalFinaElf, said Ali Al-Naimi, Saudi petroleum and mineral resources minister. According to Arab News, the three companies would form a consortium in which Shell has a stake of 40% while Aramco and Total hold 30% each. Subject to approval…
SAUDI ARABIA: Aramco’s landmark deal with Shell-Total consortium
Posted on October 13, 2003 by EnergyAsia