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

Recent Articles

Will Saudi Aramco Snub the US, Take Its IPO to Europe or Asia?
Thursday, October 27, 2016 With Congress' push to let 9/11 victims sue Saudi Arabia, whether Saudi Aramco will file its $2 trillion IPO in the United States becomes a question.
CEO: Saudi Aramco Eyes 2018 For Listing
Tuesday, October 11, 2016 Saudi Aramco is targeting 2018 for what could be the world's largest public listing as it expects oil prices and market conditions to improve in the coming years.
Saudi Aramco Signs Deals To Let Turkish Firms Bid On Future Projects
Tuesday, October 11, 2016 Saudi Aramco signed memoranda of understanding Tuesday with 18 Turkish firms, enabling them to bid for Aramco projects in the years ahead.
Saudi Aramco IPO to Offer Stake in All Operations of Company
Thursday, October 06, 2016 The world's biggest oil company is planning to sell shares in the entire business and not just in its refining or distribution operations, its chief executive officer said in an interview.
Pertamina to Form Refinery Joint Ventures with Rosneft, Aramco
Monday, October 03, 2016 Indonesian state energy company Pertamina expects to sign a joint venture agreement with Russia's Rosneft for the Tuban oil refinery development project, according to a company official.
How Actual Nuts and Bolts Are Bringing Down Oil Prices
Wednesday, September 28, 2016 Standardized pipes and casings could hold the key to a pervasive mystery about today’s energy market: Why is everyone still drilling when prices are in the basement?
Aramco CEO Says Studies Several Foreign Exchanges For 2018 Listing
Monday, September 26, 2016 Saudi Aramco continues to look at several overseas exchanges including New York, Hong Kong and London for a listing in 2018 of a part of the state-owned oil company, CEO Amin Nasser says.
Saudi Aramco Recruiting Steadily, Has Not Laid Off Staff
Monday, September 26, 2016 Saudi Aramco was "recruiting steadily" and hadn't laid off staff, Mohammed al-Qahtani, the oil giant's senior vice president of upstream said on Monday.
Saudi Aramco Sees Oil Demand 'Steady' as Supply Growth Slows
Monday, September 26, 2016 Slower growth in oil supply is helping the crude market to re-balance, and prices are set to increase over time, according to the head of the world's biggest producer.
Saudi Aramco Says Fire Out At Ras Tanura, 8 Injured
Tuesday, September 20, 2016 Saudi Arabia's Aramco said on Tuesday it had put out a fire at its Ras Tanura terminal where eight individuals were injured including two Aramco employees.
Japan PM Adviser Says No Gov't Plan To Invest In Saudi Aramco
Friday, September 16, 2016 Japan's government has no plan to invest in state-run oil firm Saudi Aramco's planned initial public offering, an adviser to Japanese Prime Minister Shinzo Abe said on Friday.
Sumitomo Mitsui Seeks Role in Saudi Aramco's IPO, Chairman Says
Thursday, September 01, 2016 Sumitomo Mitsui Financial Group Inc. is seeking to work with Saudi Arabian Oil Co. on its initial public offering, Chairman Masayuki Oku says as his bank signed a business agreement with the world's biggest crude producer.
Saudi Prince To Discuss Reform Drive In Visits To China, Japan
Wednesday, August 24, 2016 Saudi Arabia's powerful Deputy Crown Prince Mohammed bin Salman will discuss the kingdom's drive to cut its reliance on oil exports in visits to China and Japan that begin next week, Saudi media and sources say.
Saudi Arabia to Let Foreign Investors Participate in IPOs
Thursday, August 18, 2016 Saudi Arabia, home to the Gulf's biggest stock market, will allow foreign investors to subscribe to initial public offerings in the kingdom from January.
Petrofac, Tecnicas Reunidas Likely To Win Saudi Aramco Deals
Tuesday, August 16, 2016 Petrofac and Tecnicas Reunidas are likely to win contracts to build projects for state oil giant Saudi Aramco's Uthmaniyah and Ras Tanura plants, industry sources say.
Gadfly: If Iran Opens Its Oil Sector, Will Saudi Arabia Be Next?
Monday, August 08, 2016 Iran has taken a big step toward bringing foreign investors back into its oil and gas sector.
AOD Secures Contract Extensions for 2 Jackups with Saudi Aramco to 2019
Friday, July 29, 2016 Asia Offshore Drilling secures contract extensions for jackups AOD I and AOD II with Saudi Aramco, while talks continue to extend the AOD III's assignment beyond October 2016.
LTHE-ECS JV Bags $1.6B EPCI Deal from Saudi Aramco for Hasbah Gas Project
Friday, July 22, 2016 India's LHTE and EMAS Chiyoda Subsea bags a $1.6 billion engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco for phase two development of the Hasbah gas field offshore Saudi Arabia.
Sonardyne Wins Magseis' Deal to Supply Acoustics for Saudi Aramco Project
Wednesday, July 20, 2016 Sonardyne International wins contract from Magseis to supply acoustics for Saudi Aramco's S78 Project in the Red Sea.
Saudi Aramco Signs Contracts to Build 50B Riyal Fadhili Gas Project
Wednesday, July 20, 2016 State oil giant Saudi Aramco signs four engineering contracts to build its Fadhili gas processing project.