1998 News Story

Crown Prince Abdullah meets with Texaco officials

Crown Prince Abdullah Ibn Abdul Aziz, Deputy Prime Minister and Commander of the National Guard, today received the President and Executive Director of Texaco International Oil Company and his accompanying delegation, who briefed him on initiatives for cooperation between Saudi Arabia and Texaco in the field of exploitation of and investment in the Kingdom's gas resources in a manner that incorporates development of Saudi manpower as well as transfer of modern technology. The initial offer aims at expansion of social and industrial development in various parts of the Kingdom in line with Saudi policy aimed at exploitation of and investment in gas in terms of production and distribution so as to create new job opportunities for the recruitment of national cadres.