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Saudi Arabia is considering a stake in a joint venture with foreign oil companies, but it will not sell a stake in oil exploration and production operations in Saudi Arabia.
The news refers to one of the options is to set the downstream business Affiliated Companies, and then set up a holding company listed, but will not sell the shares of the parent company, that is, the state-owned shares of Saudi oil company. Drilling additives is a necessary link in the drilling of oil .
Xinxiang Kolanky Technical Co.,Ltd is focus on oilfield chemicals. We have established long-term business relationship with many customers from all over the world.We never stop our effort to produce high quality products, and provide our best service for oilfield projects.