Aramco-Total JV SATORP ends 2022 with a $2.4bn profit

Aramco-Total JV SATORP ends 2022 with a $2.4bn profit

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RIYADH: SATORP, a joint venture between oil giant Saudi Aramco and France’s TotalEnergies, swung into profits of SR9 billion ($2.4 billion) in 2022 as a result of improved refining and petrochemicals margins compared to a year earlier. The company managed to hit an impressive gross profit of…

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