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Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' refining and petrochemicals project in the southeast Asian country, the companies confirmed today, investing a total of US$7 billion (RM31.10 billion).
In a joint statement, the firms said Aramco will take a 50 percent stake in select ventures and assets in the Refinery and Petrochemical Integrated Development (Rapid) project developed by Malaysian state-controlled Petroliam Nasional Berhad, known as Petronas.
In a joint statement, the firms said Aramco will take a 50 percent stake in select ventures and assets in the Refinery and Petrochemical Integrated Development (Rapid) project developed by Malaysian state-controlled Petroliam Nasional Berhad, known as Petronas.
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- TV Saluran - TV Channel
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