Saudi Aramco, Abu Dhabi’s ADNOC agree to invest in gas exploration, LNG


ABU DHABI (Reuters) – The state petroleum producers of Saudi Arabia and Abu Dhabi on Monday signed a “strategic framework agreement” to invest in natural gas exploration and liquefied natural gas ventures.

The heads of Saudi Aramco and ADNOC signed the agreement at a ceremony in Abu Dhabi.

FILE PHOTO: Flames are seen at the production facility of Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. . REUTERS/Ahmed Jadallah
FILE PHOTO: General view of the Borouge petrochemical facility at ADNOC's Ruwais Industrial Complex in Ruwais, United Arab Emirates May 14, 2018. REUTERS/Christopher Pike

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