VOL. XXX

NO. 29

27-APRIL-1987

SAUDI ARABIA

Aramco Board Membership Cut Down from 20 to 13

Membership of the Board of Directors of the Arabian American Oil Company (Aramco)has been cut down from 20 to 13 following a meeting of the Board in SanFrancisco on 8-9 April.

Those dropped from the Board of Aramco - whose physical assets are owned100% by the Saudi Arabian Government - comprise four Saudis and threeAmericans. The old 20-member Board was made up of 8 Saudis and 12 Americans,while the new...