Effective September 1, Saudi Aramco will create a new business organization designed to provide greater integration and coordination of the company's core hydrocarbon operations and support activities. The organization will be called the Operations Business Center, headed by an executive vice president, Khalid A. Al-Falih. The new organization will consist of Saudi Aramco's Exploration & Producing; Engineering & Project Management; Operations Services; and Refining, Marketing & International business lines. At the same time, Abd Allah S. Al-Saif will be reporting directly to the president and chief executive officer on special assignment. Amin H. Nasser will continue to act as the head of the Exploration & Producing business line. Abdulaziz F. Al-Khayyal will assume the position of senior vice president for Industrial Relations, and Khalid G. Al-Buainain will become the senior vice president for Refining, Marketing & International. --MORE
