Saudi Arabia
About Saudi Arabian Oil Company
Saudi Arabian Oil Company, commonly known as Aramco, is an integrated energy and chemical company operating in Saudi Arabia and internationally. Founded in 1933 and headquartered in Dhahran, the company plays a pivotal role in the global energy sector.
Business Segments
The company operates through two primary segments:
- Upstream: Engages in the exploration, development, production, and sale of crude oil, condensate, natural gas, and natural gas liquids (NGLs).
- Downstream: Focuses on refining, petrochemicals, and marketing, producing a wide range of chemicals and petroleum products.
Key Operations and Services
- Chemicals Production: Manufactures aromatics, olefins, polyolefins, methanol, lubricants, and other specialty chemicals.
- Refining & Petrochemicals: Operates refineries and petrochemical plants to process crude oil into fuels and chemical products.
- Retail & Distribution: Markets and distributes hydrocarbons, petroleum products, and liquid chemicals globally.
- Trading: Trades crude oil, refined petroleum, and chemical products in international markets.
- Support Services: Provides logistics, storage, IT, consulting, and engineering services to enhance operations.
Additional Ventures
The company also engages in:
- Aircraft operations, leasing, and aviation services.
- Retail fuel marketing and wholesale fuel operations.
- Investment management and real estate holdings.
- Prospecting, drilling, and hydrocarbon extraction.
With a legacy spanning nearly a century, Saudi Arabian Oil Company remains a cornerstone of the global energy industry.
