Wednesday, November 03, 2010 10:00:55 PM
If so, you need to read the PR again very carefully. The company MOPN would be dealing directly with is the unnamed "commercial powerhouse group".
Sammy may call them "just a supplier", but I think he's wrong.
MOPN would be the supplier to the commercial group, which is most likely a goliath engineering services company with multiple divisions that could easily be listed in the NYSE, if they were an American company.
I'm thinking something along the lines of a Kanoo Commercial Group
There are many companies like Kanoo over there.
Now the franchise aspect of the PR should make more sense to you. A "commercial group" could be feeding MOP to many State-run oil companies in the Middle East & North Africa, not just Aramco.
Good night, Daddy!
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