Faisal Bin Miqrin: Oil waste deal


Issue 1003 - 29 Oct 2015 | 1 minute read

Sweden’s Cassandra Oil, which recycles hydrocarbon-based waste, has signed a memorandum of understanding with Tomorrow Environment Company (Teco), which belongs to Prince Faisal Bin Miqrin Bin Abdelaziz. A joint venture company will be formed to process oil waste products relating to Teco’s licence with Saudi Aramco. Prince Faisal’s father is the former deputy crown prince Miqrin. Faisal has been in business for many years.

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