Pipeline Company
The pipeline was built and operated by the Trans-Arabian Pipeline Company. It was founded as a joint venture between the Standard Oil company of New Jersey (now ExxonMobil), Standard Oil of California (Chevron), The Texas Company (better known as Texaco, now a part of Chevron), and Socony-Vacuum Oil Company (ExxonMobil), however, it eventually became a fully owned subsidiary of Aramco. The company continued operating with no oil being transported until the end of 2002, when Aramco fully closed the Tapline subsidiary.
Read more about this topic: Trans-Arabian Pipeline
Famous quotes containing the words pipeline and/or company:
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