DUBAI, Sept 26 (Reuters) - Saudi Aramco continues to look at several overseas exchanges including New York, Hong Kong and London for a listing in 2018 of a part of the state-owned oil company, CEO Amin Nasser said on Monday.
"This thing will happen in 2018," he told reporters on the sidelines of a conference in Dubai.
He added that the company was working with Chinese partners to look at locations for oil storage, and wanted to boost its oil recovery rate to 70 percent from 50 to 55 percent currently.
(Reporting by Maha El Dahan and Hadeel al Sayegh, Editing by William Maclean)
Copyright 2017 Thomson Reuters. Click for Restrictions.
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles