Major Reorganization at Saudi Aramco
The board of directors of the Saudi Arabian Oil Company (Saudi Aramco) hasapproved major structural changes in the company. The reorganization which isscheduled to become effective on 1 December, entails the division of the companyinto four major sections incorporating Saudi Aramco's existing seven businesslines. The four sections will be headed by Aramco President, Mr. Ali Naimi. FourSaudi executive...