Saudi Aramco chief Yasir Al-Rumayyan joins Reliance Board, deal with Saudi giant could happen this year

Ambani had in August 2019 announced the commencement of talks for selling a 20% stake in RIL's O2C business to Aramco, the biggest oil exporter in the world. The non-binding LoI signed between the two at that time had put the value of the business at $75 billion.

from Energy-Industry-Economic Times https://ift.tt/2TWGLNt