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.

This book discusses the strategic shift in ownership of Aramco, the Saudi Arabian Oil Company, and its potential impact on Aramco's role in a post- privatized world. Scheduled to become an IPO in 2018, Aramco is on the verge of becoming the largest IPO on the market. As the world’s largest oil and gas company, Aramco’s impending privatization has important implications for the world’s petroleum market. This book, therefore, undertakes an analysis of Aramco, examining its history, its current role in Saudi Arabia’s economy, and its future role as an IPO. The chapters highlight the likely outcomes for Aramco in proceeding with its planned IPO and privatization, as well as the various policy options and models available to it by drawing on the privatization of other national oil companies in Norway , Russia, Brazil, and China. The book also explores the complexities that will be involved in transforming Saudi Aramco to a privatized company—albeit with significant government oversight and control—and addresses key questions on the issues likely to be faced, such as IPO pricing, the listing, domain, and market capacity, and potential stakeholders. As such, this book will be of interest to academic researchers studying energy economics, energy policy, and the political economy of the Middle East, as well as private sector decision makers in energy related fields, international organizations, international oil companies, energy commodity traders, and public sector energy policy makers with interest in Saudi Arabia and Aramco’s IPO.

Aligning the right traits with the requirements of the job, not only training costs and turnover rates will be reduced, but people will excel in their jobs as they will be performing what they are naturally good at. This will eventually lead to job satisfaction, creativity and enhancement of performance, and productivity at the work place.

First published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.