1999 News Story

Crown Prince Abdullah receives oil company presidents

Crown Prince Abdullah Bin Abdul Aziz, Deputy Prime Minister and Commander of the National Guard, today received the presidents of two oil companies, one French and one American, who briefed him on their possible contribution to investment in petroleum and gas in Saudi Arabia.  This comes in response to the call made by Crown Prince Abdullah to international petroleum companies to invest in the Kingdom's petroleum and gas for the benefit of the country's economy and to generate job opportunities for the young Saudis.