SAUDI ARAMCO

Founded in 1933, Saudi Aramco has long served as the engine of the Saudi economy, producing the oil that fuels the world. Today, the region’s largest company continues to expand, making enormous contributions to Saudi Arabia ’s prosperity.

Saudi Aramco, a fully integrated oil company based in Dhahran, Saudi Arabia , has discovered and holds about one-quarter of the world's proven conventional oil reserves, or approximately 261.8 billion barrels. Its 55,000 people work together to produce, process and distribute 9.5 million barrels of oil per day, 11 per cent of the world’s daily requirements. Aramco is the world's lowest cost producer.

Long an advocate of safe and pollution-free operations, Aramco is committed to providing the reliable energy supplies the world needs for continued prosperity and development as efficiently and effectively as possible, maintaining its leading role in the oil and gas industries. The company continues to expand and diversify its interests beyond oil and gas, ensuring that it will fuel the world economy for many years to come.

    Corporate activities include:

• Exploration and production of oil and gas
• Oil and gas processing and refining
• Shipping of crude oil and refined products
• Refined products distribution and sales Services (storage, finance, insurance, aviation)