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Mar 11, 2024 · Aramco manages Saudi Arabia’s unique hydrocarbon reserves base, optimizing production and increasing long-term value.
Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Group or simply Aramco (formerly Arabian-American Oil Company), is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.
Saudi Aramco Total Refining and Petrochemical company. The Saudi Aramco Total Refining and Petrochemical Co. (SATORP), a joint venture between Saudi Aramco and Total in Jubail, supports Saudi Aramco’s efforts to expand the value chain and achieve maximum value from the Kingdom’s resources.
Aramco traces its beginnings to 1933 when a Concession Agreement was signed between Saudi Arabia and the Standard Oil Company of California (SOCAL). A subsidiary company, the California Arabian Standard Oil Company (CASOC), was created to manage the agreement. The work began right away.
Saudi Aramco is one of the world’s largest integrated oil and gas companies; its upstream operations manages Saudi Arabia's unique hydrocarbon reserve base, optimizing production and maximizing long-term value. It also operates a strategically integrated global downstream business.
May 19, 2024 · Saudi Aramco is the world's largest oil producer. Officially known as Saudi Arabian Oil Company, the company is primarily state-owned and is based in Dhahran, Saudi Arabia. It is the...
6 days ago · Saudi Aramco, Oil company founded by the Standard Oil Co. of California (Chevron) in 1933, when the government of Saudi Arabia granted it a concession. Other U.S. companies joined after oil was found near Dhahran in 1938.
Nov 1, 2022 · Saudi Aramco, the world’s largest oil company, said on Tuesday that it had earned $42.4 billion in net income in the third quarter. The figure was more than double the nearly $20 billion that...
Jul 8, 2020 · Saudi Aramco is the world’s most valuable company, the world’s most profitable company, and pumps more oil on a daily basis than any other producer in the world. The company first began its exploration for Saudi Arabian oil in 1933.
Aug 9, 2021 · Saudi Arabian energy giant Aramco has seen its profits jump almost four times, boosted by a rise in oil prices as demand recovers. The company added that the easing of Covid restrictions,...
