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Saudi Aramco
P.O. Box 5000 Dhahran 31311, Saudi Arabia

Memberships : NA
Industry :
Basic Member
Since Jul, 2015
About Company

Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia and a fully integrated, global petroleum and chemicals enterprise.

Over the past 80 years we have become a world leader in hydrocarbons exploration, production, refining, distribution, shipping and marketing, and the world’s top exporter of crude oil and natural gas liquids (NGLs).

Saudi Aramco’s oil and gas production infrastructure leads the industry in scale of production, operational reliability, and technical advances. Our plants and the people who run them make us the world’s largest crude oil exporter, producing roughly one in every eight barrels of the world’s oil supply.

We maintain the world’s largest spare crude oil production capacity, ready to stabilize the global oil market in times of disruption.

We manage proven conventional crude oil and condensate reserves of 261.1 billion barrels. Our average daily crude production is 9.54 million barrels per day (bpd), and we have stewardship of natural gas reserves of 294 trillion standard cubic feet (scf).

Headquartered in Dhahran, Saudi Arabia, with offices and operations throughout the Kingdom, employing more than 61,000 workers worldwide from 77 countries.

Our subsidiaries and affiliates are located in Saudi Arabia, China, Egypt, Japan, India, the Netherlands, the Republic of Korea, Singapore, the United Arab Emirates, the United Kingdom and the United States.

Today, we are positioned to build upon our prominence as a stable supplier of hydrocarbon resources. By producing petrochemical products, building export refineries and advancing the development of technologies that will result in cleaner fuels designed for the new generation of internal combustion engines, we will continue the work of enhancing lives while safeguarding the planet we all share. 

We cherish the values and the successful business practices that have made us one of the world’s leading integrated energy and chemicals companies. But we are even prouder of the opportunities we enable for others.

Energy is the great enabler of life in the modern world. It gives us the means to make our lives more mobile, productive, and meaningful. It gives us the power to provide sustenance to people around the world. With it, we transform our aspirations into businesses that put people to work and drive global commerce. With it, we explore our universe, develop new medicines, and bring to market new technologies.

In the coming decades, more energy from different sources will be required to meet the needs of a rapidly advancing world. Global oil demand alone is expected to rise from 93 million barrels per day (bpd) currently to 111 million bpd in 2040.

Making smarter choices about how we produce, use, and capitalize on such an important resource is vital to us all. Ground-breaking work is underway to unlock the full potential of our energy resources. This is where Saudi Aramco operates — on the leading edge of science and creativity — helping to bring to life the ideas that make energy more beneficial and sustainable.

We invest so much in energy because we know energy makes so much possible. We believe that the real value of energy is in its potential to serve the needs of human development. Doing so with the most impact requires not only the energy of our petroleum resources, but also of our people.

Every day, the people of Saudi Aramco are hard at work to create solutions to some of society’s most pressing challenges. From developing technologies that boost oil and gas recovery to helping children acquire the skills they need in the knowledge economy, our people go home at the end of each day knowing they made a real difference.

Strategy

From producing approximately one in every eight barrels of the world’s crude oil supply to developing breakthrough energy technologies, we are driven by our core belief that energy is opportunity

As the global population grows, economies expand, and standards of living increase, energy will continue to be an essential enabler of opportunity. We are executing a wide-ranging strategy to ensure that we are at the forefront of providing the needed energy — today and tomorrow.

Guided by our Strategic Intent, our business strategy has five focus areas. Each is an area where we are determined to provide the most opportunity for our stakeholders. 

history

The story of Saudi Aramco tells of the discovery and development of the greatest energy reserves the world has ever known and the rapid transformation of Saudi Arabia from desert kingdom to modern nation-state. From our beginnings, we have grown from an oil-producing company to a fully integrated, global energy enterprise with partnerships in North America, Europe and Asia.

Over the course of our history, we have built an unmatched record of reliability, and we remain committed to providing energy to the world and to maximizing the value of the country's petroleum reserves for the benefit of the Kingdom's citizens.

And from the very start, we have been involved in developing the nation in the broadest sense. During the early years of our history, which were also the early years of the young country of Saudi Arabia, our economic and social service programs became woven into the fabric of the country.

As time passed, we began supporting or complementing services increasingly led by the government. Once the company became fully Saudi owned, our social responsibility strategy has become focused on increasing the Kingdom's revenues from its petroleum reserves and on being a catalyst, a role model and a supporter of growth and development in all aspects of society in general, and in the economic sector in particular.

Our values

At Saudi Aramco, our five corporate values of Excellence, Safety, Integrity, Citizenship and Accountability guide our business conduct and underpin all of our operations.

The values help the company to succeed and maintain our position as one of the most respected companies in the world.

Employees are expected to live by these values and promote them throughout the business. We truly believe that "we are our values" and endeavor to conduct ourselves with that in mind each and every day.

Company NameSaudi Aramco
Business Category
AddressP.O. Box 5000 Dhahran 31311
Saudi Arabia
PresidentNA
Year EstablishedNA
Employees10000
MembershipsNA
Hours of OperationNA
Company Services
  • Oil Exploration
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