IN 2013, Tan Sri Shamsul Azhar Abbas, then president and CEO of Petroliam Nasional Bhd (Petronas), played host to several key personnel from Saudi Arabia’s state-owned oil company Aramco when they visited Malaysia.
THE participation of Saudi Arabia’s state-owned oil company Aramco in the refinery and cracker project within the Pengerang Integrated Petroleum Complex (PIPC) has spillover benefits on companies that are already active in and around the 22,000-acre development in Johor.
JOHOR BARU: Saudi Arabia’s state oil company Saudi Aramco’s US$7bil (RM31bil) investment into the Refinery and Petrochemical Integrated Development (RAPID) project at Pengerang in Johor will be the driving force for the economic development in the state.