The Merger Of The Two Giants, Saudi Aramco and Samarec

This book consists of four parts with three chapters each. Part I introduces some useful terms and definitions that are related to the business of mergers and acquisitions. It also lists some of the major mergers that took place during the last decade. Saudis who made significant contributions to the oil industry are also covered in this part. Part II highlights the formation together with a brief about Saudi Aramco, Petromin and Samarec. (Petromin is included as it is very much affected by the creation of Samarec and its merger with Saudi Aramco). Part III describes the actual merger in terms of its resolutions, strategy and implementation. Part IV deals with the impact of such emergence on the organizations, employees and the major joint ventures that were associated with Samarec and Petromin.