Monday 12 November 2018

UAE's ADNOC, Saudi Aramco to collaborate on more deals, energy minister says | ZAWYA MENA Edition

UAE's ADNOC, Saudi Aramco to collaborate on more deals, energy minister says | ZAWYA MENA Edition:

Saudi Arabia and the United Arab Emirates (UAE) will continue to collaborate on hydrocarbon projects and technology developments at governmental and corporate levels, the UAE energy and industry minister said on Monday.

"We are already partners in some parts of the world. The [Indian] energy minister can confirm that we are working together," said Suhail Al Mazrouei, Energy and Industry Minister while speaking at a panel discussion during the opening forum of ADIPEC 2018 in Abu Dhabi.

In June, Saudi Aramco said in a press statement that it had signed agreements with Abu Dhabi National Oil Company (ADNOC) and a consortium of three Indian companies to explore a strategic partnership and co-investment in the development of a $44 billion refinery and petrochemicals complex on India's west coast.

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