Deal follows company's previous retail acquisitions in Chile and Pakistan
Carbon dioxide pipelines in the Haiwyah NGL recovery plant in Saudi Arabia in 2021. The country's state-owned Aramco has been expanding its ownership of small international oil and gas companies. © Reuters
SINGAPORE (Reuters) -- Saudi Arabia's Aramco has signed an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, the company said in a statement late on Wednesday.
The company, however, did not disclose financial details of the transaction.
