Saudi Aramco
Saudi Aramco or Aramco, officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.
Founded: 1933
Founder: Government of Saudi Arabia
CEO: Amin H. Nasser
Market Cap: $1.596 Trillion
Stock ticker: TADAWUL: 2222
Industry: Oil and Gas Company
Headquarters: Dhahran
Country: Saudi Arabia
Services
Upstream Services (Exploration & Production):
1. Geophysical and geological exploration
2. Drilling and well services
3. Reservoir management
4. Crude oil and natural gas production
5. Enhanced oil recovery (EOR) technologies
6. Offshore and onshore oil field services
Petrochemical production: (through SABIC and joint ventures).
Support services: From developer help to customer success programs.
Lubricant production: (e.g., via the Luberef subsidiary).
Fuels marketing and retail: (locally and through international ventures).
Bulk petroleum and chemical distributionbr
Pipeline infrastructure
management
Trading & Marketing Services:
1. Crude oil, gas, and product trading
2. International marketing and logistics
3. Supply chain and inventory management
4. Shipping and tanker services (Aramco Trading and Vela International)
Engineering, Procurement & Construction (EPC):
1. Project management for mega energy projects
2. Engineering design and consulting
3. Construction and plant commissioning
4. Maintenance and reliability services
Research & Technology Development:
1. Advanced material research
2. Carbon capture, utilization, and storage (CCUS)
3. Hydrogen and renewable energy R&D
4. Artificial intelligence for energy systems
5. Energy efficiency optimization
Environmental & Sustainability Services:
1. Waste and water management
3. Renewable energy integration
4. Circular carbon economy strategies
Training & Human Capital Development:
1. Technical training centers
2. Leadership and management programs
3. STEM education initiatives
4. Scholarship and internship programs