AlHijjah 29, 1433, Nov 14, 2012, SPA - Saudi Arabian Oil Company (Saudi Aramco), the fully integrated, global petroleum and chemicals enterprise, announced the official opening of Aramco Asia in Beijing, China, deepening its presence in one of the world's fastest growing regions, a move that underscores the strategic importance of Asia to the company. Aramco Asia, which is a wholly-owned affiliate of Saudi Aramco and headquartered in Beijing, will serve as the business and cultural exchange portal between Saudi Aramco and China. The new head office in Beijing has two supporting branches in Shanghai and Xiamen. “Our new Asia office here in Beijing will be a hub for facilitating our joint activities in general and in particular investment and other business opportunities arising from the capital projects in Saudi Arabia and Asia. The Kingdom is ‘open for business' for Chinese and other Asian companies, as there are abundant opportunities across many sectors," Abdulrahman F. Al-Wuhaib, Saudi Aramco Senior Vice President, Downstream, said at the Aramco Asia inauguration ceremony on Monday in Beijing. The new entity will provide services of crude oil and chemicals marketing, joint venture coordination, procurement, inspection, research and development, project management, human resources development and communications in the region. --MORE
