Saudi Aramco definition

Saudi Aramco means Saudi Arabian Oil Company.
Saudi Aramco has the meaning given in the Preamble, provided that in Schedule 13 (Specifications) a reference to Saudi Aramco means Saudi Aramco Customer;
Saudi Aramco shall have the meaning set forth in the Preamble.

Examples of Saudi Aramco in a sentence

  • Barjenbruch*, Berlin University, Germany (I-230) Experience from world’s largest sea water filtration plant for oil reservoir injection, M.H. Al-Ghamdi*, N.P. Isaias, Saudi Aramco, Saudi Arabia (I-235) The impact of wastewater quality on receiving wa- ter bodies in Eastern Cape, South Africa, A.N. Osode, University of Fort Hare; M.

  • For management purposes, Saudi Aramco is organized into business units based on the main types of activities.

  • Saudi Aramco is engaged in prospecting, exploring, drilling, extracting, processing, manufacturing, refining and marketing hydrocarbon substances within the Kingdom and has interests in refining, petrochemical, distribution, marketing and storage facilities outside the Kingdom.

  • Transaction prices are not adjusted for the time value of money as Saudi Aramco does not have any contracts where the period between the transfer of product to the customer and payment by the customer exceeds one year.

  • Voting on the business and contracts concluded between the Company and Saudi Aramco Company, in which the Board member Eng.

  • Saudi Aramco has not early adopted any new accounting standards, interpretations or amendments that are issued but not yet effective.

  • I had the responsibility to represent KAUST interests in front of Aramco PMT, Bin laden, Saudi Oger & Oger international, HOK, and other stakeholdersAug 2006-Dec 2008Saudi Aramco New Business Development, Aramco/ ConocoPhillips YASREF export refinery Mega project Houston, USA Joined a team from Saudi Aramco, Conoco Phillips and their contractor Kellogg Brown & Root KBR in Houston, TX working on the design of a $ 10 b state-of-the-art Joint Venture Yanbu Refinery complex.

  • Saudi Aramco has contingent assets and liabilities with respect to certain disputed matters, including claims by and against contractors and lawsuits and arbitrations involving a variety of issues.

  • Motiva Enterprises LLC was a joint venture between Royal Dutch Shell plc and Saudi Aramco (through its subsidiary Saudi Refining, Inc.).

  • Defendant Motiva Enterprises LLC, a wholly-owned affiliate of Saudi Aramco, is a fuel refining, distribution, production, and marketing company headquartered in Houston, Texas.


More Definitions of Saudi Aramco

Saudi Aramco means the Saudi Arabian Oil Company.
Saudi Aramco has the meaning given in the Preamble, provided that in Schedule 13 (Specifications) a reference to Saudi Aramco means Saudi Aramco Customer; “Saudi Aramco Customer” has the meaning given to such term in the Shareholders’ Agreement; “Saudi Aramco Group” has the meaning given in Clause 7.1 (Indemnities); “SCA Survey” means a detailed Systems Condition Assessment conducted by the American Bureau of Shipping or another mutually agreed third party in accordance with the terms of reference set forth on Schedule 4 (SCA Survey Procedures), the costs of which shall be borne equally by Rowan and Saudi Aramco; “Shareholders” has the meaning given in the Preamble; 8 US-DOCS\80810184.2 Exhibit 2.1 “Shareholders’ Agreement” means that certain Shareholders’ Agreement relating to the Company, dated as of the date hereof, among Rowan, Saudi Aramco and the Company; “Shortfall Amount” means, in respect of a Replacement Rig, the difference between the Asset Contribution Value of such Replacement Rig (and its related Assets) and the Asset Contribution Value of the Rig (and its related Assets) for which such Replacement Rig is being contributed as a replacement; “Specifications” means: (i) in respect of the JB58 Rig, the material specifications set forth on Schedule 13 (Specifications); and (ii) in respect of each Rig other than the JB58 Rig, the material specifications contained in Schedule G of the Saudi Aramco Customer ‘Contract for Offshore Drilling and Workover Rigwith respect to that Rig; “SPS” has the meaning given in Part II of Schedule 1 (Valuation of Asset Contribution); “Standard Cost” means, in respect to any item of consumable stock, a value equal to:
Saudi Aramco shall have the meaning set forth in the Preamble. “Saudi Aramco Default Price” shall mean the price payable to the Dow Founding Shareholder for the Dow Founding Shareholder’s entire Ownership Interest pursuant to Section 18.2(b)(ii) (Consequences of Events of Default) and shall be calculated as follows: [***] [***] Confidential treatment has been requested. The redacted material has been separately filed with the Commission. - 22 - [***] “Saudi Aramco Founding Shareholder” shall mean:
Saudi Aramco shall have the meaning set forth in the Preamble. [***] [***] Confidential treatment has been requested. The redacted material has been separately filed with the Commission. [***]
Saudi Aramco has the meaning set forth in the Preamble and/or any Qualifying Affiliate of Saudi Aramco which at any given time holds Shareholder Instruments (as appropriate) and who shall, for the avoidance of doubt be treated as one (1) entity for all purposes under this Agreement (including for the purposes of determining their collective Ownership Interest and the purposes of clauses 6.1(b), 6.1(d), 6.6(b), 15 and 16);

Related to Saudi Aramco

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