Aramco is squeezing more value out of Saudi oil and gas through two key petchems JVs: Sadara, and the near-complete Rabigh-2.

Saudi Aramco, with the belated release of its 2017 Annual Review describes itself as “the world’s leading integrated energy and chemicals company,” which besides progressing “oil and gas megaprojects in the upstream” (see p2) has continued to enhance its global downstream network.

Aramco CEO Amin Nasser says “in the downstream...