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

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

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.

 

The AOC office in Kuala Lumpur is headed up by a Saudi Aramco representative and staffed by six employees, under AOC’s direct supervision. The main function of the office is to identify and assess manufacturer capability and performance, focusing on material supply services and inspection, against Saudi Aramco’s critical commodities.

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 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.

 

Physical address

Aramco Overseas Company B.V.,

Level 49,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 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. More information about Saudi Aramco can be found at http://www.saudiaramco.com/.

 

About Aramco Overseas Company B.V.

Aramco Overseas Company B.V. (AOC) is a subsidiary of the Saudi Arabian Oil Company (Saudi Aramco), based in Leiden, The Netherlands. AOC operates primarily in Europe and the Far East, providing its affiliates in the Saudi Aramco global oil and gas enterprise with a wide range of services including finance support, supply chain management, technical support services and a variety of administrative support services.

AOC also holds interests in hydrocarbon refining and marketing companies in Asia as well as storage and terminal facilities in Europe, including TEAM Terminal BV in the Netherlands. AOC operates outside The Netherlands through branch offices in China, Japan, Malaysia and Italy.

 

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