ARAMCO's activities in Saudi Arabia. Code ES file 1532 (papers 1 to 23)

FO 371/82691 1950
Description

This file contains correspondence relating to:

  • The Arabian American Oil Company's (ARAMCO) desire to sell oil for sterling and pay royalties in sterling (1)
  • ARAMCO’s oil production figures for 1949 (2)
  • Extracts from ARAMCO's report to the Saudi Arabian Government for 1948 (3)
  • Revised royalty agreement between the Saudi Arabian Government and ARAMCO (4)
  • Oil construction work, including a copy of a letter from the Jeddah Commercial Secretariat to the Kuwait Agency respecting a rumoured contract from American Tapline and ARAMCO to the British firm Wimpey (5)
  • The American use of soft currency (6)
  • Further enquiries into alleged revision of oil royalties by ARAMCO (7)
  • Extracts from a report on ARAMCO's activities that are pertinent to the question of the recent criticism of Iraq Petroleum Company (IPC) by an American labour expert (8)
  • UK payment for Saudi Arabian oil, including the Treasury draft for a Foreign Office conversation with the Saudi Arabian Ambassador (9)
  • Negotiations for a sterling oil agreement (10)
  • Colonel Eddy's views on the Caltex Agreement and other oil activities in Saudi Arabia (11)
  • Comments on the general attitude of ARAMCO to the Saudi Arabian Government (12)
  • Labour statistics in Saudi Arabia from the 1949 ARAMCO Annual Report (13)
  • Payment of royalties in gold by the Iraq Petroleum Company to the Saudi Arabian Government (15)
  • Discussions regarding the sterling payment of royalties (16)
  • Treasury suggestions regarding the figure of £2 million relating to the Caltex Agreement and ARAMCO's difficulties (17)
  • Record of the Treasury meeting held on 22 September on ARAMCO's difficulties (18)
  • Treasury draft for Jeddah relating to the ARAMCO situation (19)
  • Letter to the Bank of England giving an account of the British Board of Iran's lack of interest in the Saudi Arabian sterling business (20)
  • Caltex Agreement, including a suggestion for Mr Loombe to assist in talks with the Saudi Arabians (21)
  • Discussion on the proposal for Mr Loombe to visit Ibn Saud (22)
  • Travels of Messrs Loombe and Spiers (23)