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Saudi Arabia/South Korea: Saudi Aramco to invest US$ 125-B over next 5 years.
Section: General News - Saudi Aramco, Saudi Arabia's state-owned oil company, plans to spend US$ 125 billion on domestic and overseas projects over the next five years, the company head said Tuesday, calling for South Korean firms to actively join.
"Saudi Aramco's capital program holds tremendous potential for Korean companies which can meet our standards and deliver on our expectations," said Khalid A. Al-Falih, president and chief executive officer of Saudi Aramco in a meeting with local business leaders.
Al-Falih and Saudi Aramco's other senior executives are in South Korea to attend the company's board meeting to be held here this week. Saudi Aramco, the biggest …
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- South Korea/Saudi Arabia: Saudi Aramco to invest US$ 125-B over next 5 years.
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