November 12, 2018 / 8:58 AM / a month ago

Saudi Aramco, Abu Dhabi's ADNOC agree to invest in gas exploration, LNG

Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/Files

ABU DHABI (Reuters) - The state petroleum producers of Saudi Arabia and Abu Dhabi on Monday signed a “strategic framework agreement” to invest in natural gas exploration and liquefied natural gas ventures.

The heads of Saudi Aramco and ADNOC signed the agreement at a ceremony in Abu Dhabi.

Reporting by Rania El Gamal; writing by Maher Chmaytelli; editing by Jason Neely

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