Saudi Aramco

Saudi Aramco produces and exports more crude oil than any other company. Recent production has averaged some 8 million barrels per day (bpd). That is more than twice the output of the next highest producer and nearly five times greater than the largest U.S. oil company. Saudi Aramco maintains a maximum sustained crude production capacity of 10 million bpd, underscoring its determination to meet customers' requirements.

Saudi Aramco ranks among the top 10 companies in gas production worldwide. The company is also a leader in both the production and export of natural gas liquids (NGL), and a major producer of refined products. The company produces natural gas in association with crude oil and nonassociated gas from deep, independent gas fields. This gas is used as fuel and feedstock for the Kingdom's backbone industries and utilities, and for export and domestic consumption as NGL. A vigorous program is currently under way to expand gas production and processing capabilities to meet increasing demand for gas at home to power the Kingdom's robust domestic economic growth.

Address: PO Box 5000
Dhahran, 31311
Saudi Arabia
Contact: 966-3-874-7400
966-3-873-8490
www.saudiaramco.com


Recent Articles

Saudi Aramco To Complete Phase 1 Of Expanded Gas Pipeline By Year End
Wednesday, July 26, 2017 Saudi Aramco will complete the first phase of an expansion of the main gas pipeline across Saudi Arabia by the end of this year.
First Phase of Saudi Aramco's Energy Industrial City Complete in 2021
Tuesday, July 18, 2017 State oil firm Saudi Aramco said the first phase of a new Energy Industrial City in Saudi Arabia will be completed in 2021.
New UK Listing Rules Set to Attract State Companies Beyond Aramco
Monday, July 17, 2017 Saudi Arabia, Oman and Abu Dhabi have all announced plans in the past year to float some of their oil assets.
Britain Seeks Looser IPO Rules To Lure Saudi Aramco, Worries Investors
Thursday, July 13, 2017 Britain wants to loosen rules on listing state companies in a move that could help London win the lucrative IPO of oil giant Saudi Aramco but has raised fears for minority investors.
India Wants $300 Billion in Oil Spending to Meet Growing Demand
Wednesday, July 12, 2017 India needs investments to boost the production of natural gas and crude oil, and to refine, transport and distribute the fuel to households, Oil Minister Dharmendra Pradhan said.
Saudi Aramco to Meet Asia Demand for August Crude in Full -Sources
Tuesday, July 11, 2017 Saudi Arabia has been cutting exports to Europe and the United States to comply with a production cut deal.
Report: Saudi Aramco's Manifa Oilfield Production Hit by Technical Issue
Tuesday, July 11, 2017 Output from Saudi Aramco's massive Manifa oilfield has been hit by a technical problem, the International Oil Daily reported.
Aramco to Spend $300 Billion as CEO Frets About Oil Supplies
Tuesday, July 11, 2017 Saudi Aramco, which plans what could be the world's biggest initial public offering, will invest more than $300 billion over the next decade to maintain its spare oil-production capacity and explore for more natural gas.
Saudi Aramco Reaffirms Commitment to Pertamina JV as CEOs Meet
Friday, July 07, 2017 The Indonesia refinery upgrade will increase capacity to 400,000 from 348,000 barrels per day.
Saudi Aramco Says Oil Reserves Steady, Output At Record Ahead Of IPO
Thursday, July 06, 2017 Saudi Aramco says its crude oil and condensate reserves held steady last year despite record production.
India Minister: Saudi Aramco Seeks Exclusive Talks Over India Oil Refinery
Wednesday, June 14, 2017 Saudi Aramco wants to enter into exclusive talks with India to buy a stake in the planned 1.2 million barrels per day refinery.
Op-Ed: $1 Trillion on the Line, and Saudi Aramco IPO Riddled with Risk
Tuesday, June 13, 2017 One trillion dollars, one trillion problems: Saudi Aramco weighs which exchange is worth the gamble for its IPO.
Saudi Aramco to Spend $18B on Growth in the Americas -Motiva
Friday, May 26, 2017 Motiva called the $18 billion estimate "a general framework of opportunities."
Saudi Aramco Plans Up to $30B Investment in Motiva by 2023
Wednesday, May 24, 2017 Motiva's Port Arthur facility is already the largest refinery in the United States.
Op-Ed: With Saudi Aramco IPO Looming, Of Course OPEC Will Extend Oil Quotas
Thursday, May 18, 2017 Markets yawn as Russia, Saudi Arabia envoys tease extending crude oil production quotas into 2018.
Saudi Aramco Tightens Grip in Top Oil Market With China Refinery
Wednesday, May 17, 2017 Saudi Arabian Oil Co. agreed to build a refinery and petrochemical plant in China, deepening ties between world's biggest oil seller and its largest importer.
Saudi Aramco Says to Set Up New Chemicals Unit
Wednesday, May 17, 2017 Downstream, covering refining and chemicals, is an important area for the company as it diversifies operations as it prepares for an initial public offering.
China's Norinco and Saudi Aramco Line Up $10B Refinery Plan
Tuesday, May 16, 2017 The investment would boost Aramco's presence in China's massive refining industry.
Saudi Aramco Said to Make Leadership Changes Ahead of IPO
Tuesday, May 16, 2017 Aramco has announced plans to invest in the refining industry in the U.S. after the breakup of its 19-year Motiva refining partnership with Shell.
Saudi Aramco to Cut June Oil Supply to Asia by About 7 Million Barrels
Tuesday, May 09, 2017 Saudi Aramco will reduce oil supplies to Asia by about 7 million barrels in June, a source said.