venture company. “On behalf of SAMREF management, I would like to say that we are very pleased to enter into this business arrangement with ASC,” Hassoubah said. “The company has a proven track record of service reliability and quality control, which, of course, is important to the success of our operations. We also look forward to benefiting from ASC's long-established agreements and network of qualified suppliers.” Abdulaziz A. Al-Ajeeb, manager of the ASC P&L Department, said, “This is a moment of celebration for the P&L staff and all of us here at ASC. I am very proud of the ASC team who worked through the commercial and legal details of this service agreement. We look forward to successful implementation of this agreement, and also extending ASC procurement and logistics services to other joint-venture companies in the future.”