Word: aramco
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...profession, Salih was a thief, by avocation, Salih was a Romeo. Last week his skilled shuttling between both talents was the talk of U.S. oilworkers in the Aramco base at Dhahran...
...oilmen had wondered whether any oil lies between the Kuwait sands and Arabian American Oil Co.'s fields to the south (see map). MacPherson's strike gave the answer. Even those who had no financial interest were elated. Wired Aramco's Middle East boss of Arab affairs, Bill Eddy, to MacPherson: HALLELUJAH...
...Independent Oil Co.'s President Ralph K. Davies, 55, the man who raised the $30 million for the gamble. With nine other independent producers, Davies formed Aminoil in 1947 to give independents, as well as majors, a Middle East concession. Gulf and Anglo-Iranian had sewed up Kuwait; Aramco (jointly owned by Standard of California, Texas, Jersey Standard and Socony-Vacuum) had a grip on Saudi Arabia. But nobody had the "no man's land" between-the Neutral Zone jointly run by the Sheiks of Saudi Arabia and Kuwait. Davies leased the Sheik of Kuwait's half...
Indivisible Halves. Davies, a onetime California Standard vice president, knew that MacPherson, another Socal veteran, was the right man to do his drilling. MacPherson was already running Aramco's operations, had the biggest oil job in the Middle East. But MacPherson, feeling hemmed in by remote-control corporate rule, took Old Friend Davies' offer. English-born MacPherson first got to know the Middle East when he served in General Allenby's Palestine army in World War I. Meanwhile Pacific Western Oil's* J. Paul Getty bought up the other half of the Neutral Zone...
Running Out. By last week not a drop of gin or beer was available in the country. The last remaining supplies of whisky were being doled out to Arabian-American Oil Co. workers at the rate of three bottles a month. Twenty Aramco workers had already quit, and more were threatening to, unless the company could persuade the King to repeal prohibition. But Ibn Saud gave no sign of giving in. There were even rumors that he is planning, soon to forbid Aramco's foreign women to walk the streets unveiled...