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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

KBR Bags Saudi Aramco's Project Management Services Contract
Tuesday, March 17, 2015 KBR bags contract to provide project management services for Saudi Aramco's offshore program.
Aramco Exec: Oil, Gas Industry May Cancel $1T Projects On Price Fall
Monday, March 09, 2015 The fall in energy prices will hit investment in projects worldwide and the industry may cancel about $1 trillion of planned projects in the next couple of years, a senior Saudi Aramco executive says.
McDermott Wins EPCI Contract for Marjan Power Supply System
Monday, March 02, 2015 McDermott Middle East will conduct initial work for a significant power supply system replacement contract for Saudi Aramco's Marjan field.
Sources: Saudi Aramco Stops Red Sea Deepwater Exploration Work
Monday, February 02, 2015 Saudi Aramco puts on hold its deepwater oil and gas exploration and drilling activities in the Red Sea because of high costs as it economizes in an environment of low crude prices, industry sources say.
CEO: Saudi Aramco to Renegotiate Some Contracts on Low Oil Price
Tuesday, January 27, 2015 Saudi Aramco will renegotiate some contracts and postpone some projects due to falling oil prices, its CEO says.
Saudi Aramco's Oil Resources To Grow To 900 Billion Barrels By 2025
Tuesday, November 18, 2014 Saudi Aramco expects to have 900 billion barrels of oil resources by 2025, up from the current 790 billion barrels, a company executive says.
Kuwait Says Technical, Not Political, Reasons Behind Oilfield Closure
Monday, October 27, 2014 A senior Kuwaiti official said the Khafji oilfield, run jointly with Saudi Arabia, had been shut down for "purely technical and not political" reasons, state news agency KUNA reports.
Jacobs Opens Office in Al Khobar to Boost Support for Saudi Aramco, Others
Wednesday, September 24, 2014 Jacobs Engineering opens new office in Al Khobar, Saudi Arabia to strengthen its support for Saudi Aramco and other key local clients and partners.
Aqualis Wins Rig-Moving Deal with Saudi Aramco
Wednesday, September 17, 2014 Aqualis Offshore wins a deal to provide rig-moving services for Saudi Aramco's fleet of jackups in the Arabian Gulf.
Sources: Saudi Aramco Seeks Interest For Work On Unconventional Gas
Friday, August 29, 2014 Four companies have expressed interest in bidding for work on unconventional gas in Saudi Arabia as the world's top oil exporter pushes ahead with plans to develop challenging shale deposits, sources say.
Saudi Aramco Plans To Invest $40B A Year For The Next Decade
Monday, August 25, 2014 Saudi Aramco plans to invest $40 billion a year over the next decade to keep oil production capacity steady and double gas production, CEO Khalid Al-Falih says.
Saudi Gas Development Plans Hit Hurdle as Shell Shelves Project
Monday, July 07, 2014 Shell will end its investment in a Saudi Arabia gas development project, complicating the top oil exporter's efforts to exploit its huge gas reserves.
Petronash Scores New Saudi Aramco Gig
Monday, June 30, 2014 Petronash announces that Petronash FZE in Jebel Ali, Dubai has been awarded a contract for $40 million by Saudi Aramco.
Saudi Aramco Extends Contracts with Rowan for 3 Jackups to Work in ME
Friday, April 25, 2014 Saudi Aramco extends contracts with Rowan for three jackups operating in the Persian Gulf for another year and at a higher day rate.
Saudi Aramco Names Saadan Senior VP of Finance and Strategy
Sunday, March 02, 2014 Saudi Aramco names Abdallah Al Saadan as senior vice-president of finance, strategy and development.
Aramco Unveils New R&D Center in Boston Area
Friday, December 06, 2013 The Aramco Research Center in Cambridge opens as the first of three US-based research and development centers aimed at expanding the global research network and capability of Saudi Aramco.
Saudi Arabia Welcomes US Shale, Sees No Need To Cut Output
Wednesday, November 20, 2013 Top oil exporter Saudi Arabia remains unconcerned by a rising tide of US shale output which threatens to eat into OPEC's market share, its deputy oil minister says.
CGES: Manifa Is an Expensive Development
Monday, July 22, 2013 The removal of a whole reef and the building of 25 miles of causeway and a series of drilling islands made the development of Manifa field an expensive development
US Not Immune from Saudi Oil Export Disruption
Tuesday, June 18, 2013 Despite growth in US tight oil production, a disruption of Saudi Arabian oil will still impact the United States.
Saudi Aramco Says 2012 Output Rises to Record 9.51 MMbopd
Monday, May 27, 2013 Saudi Aramco saw its average crude production rise to 9.51 MMbopd in 2012, the highest level in more than three decades, amid output outages in Libya and Western sanctions against Iranian crude.