Saudi Aramco and Sumitomo Chemical Select Project Management Contractor for Rabigh Phase II

Dhahran and Tokyo, June 23, 2009 -- Saudi Arabian Oil Company (“Saudi
Aramco”) and Sumitomo Chemical Co., Ltd (“Sumitomo Chemical”)
announced Tuesday the selection of JGC Corporation as the Project
Management Services Contractor to conduct a feasibility study for the
development of the Rabigh Phase II Project (“Rabigh II Project”).

Rabigh II Project is a major expansion of the existing petroleum
refining and petrochemical production complex (“Rabigh Phase I”)
recently commissioned by Rabigh Refining and Petrochemical Company
(Petro Rabigh), according to a statement carried by Saudi Aramco's
web-site.

Two Project Management Services Contracts have been awarded for the
feasibility study:
An out-of-Kingdom contract awarded to JGC Corporation (Japan).
An in-Kingdom contract awarded to JGC Gulf International Ltd. (Saudi
Arabia).

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