Saudi Aramco has signed a 10-year contract with Exel Saudi Arabia, an Olayan Group joint-venture (JV) partner, to provide comprehensive logistical services for Saudi Aramco throughout the Kingdom of Saudi Arabia. The contract will be effective from January 1, 2007, according to a report carried today by Saudi Aramco web-site. Esam A. Mousli, vice president of Materials Supply, and Olayan Group general manager Bandar Al-Anazi signed the contract at a ceremony at Saudi Aramco's Technical Exchange Center. Fahd M. Al-Baadi, manager of Saudi Aramco Materials Logistics, opened the ceremony and welcomed attendees of the Olayan Group and its JV partners, Exel Logistics, Materials Supply and other organizations. Exel Saudi Arabia is a joint venture between Olayan Saudi Holding Co. and Exel Overseas Limited (United Kingdom). Exel is part of Deutsche Post World Net group, based in Bonn, Germany, one of the world's leading logistics services providers. --MORE 29/07/2006 10:39 ت م
