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

Aramco Plans to Buy Non-Saudi Crude in Global Trading Expansion
Tuesday, September 19, 2017 Saudi Aramco plans to expand its trading business by buying and selling non-Saudi crude as the world's biggest exporter prepares for what could be a record initial public offering.
Saudis Are Said to Prep for Possible Aramco IPO Delay to '19
Thursday, September 14, 2017 Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company by a few months into 2019, according to people familiar with the matter.
Will Saudi Aramco Deliver World Record Profit For Next Year's IPO?
Friday, September 08, 2017 When Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations for a $2T valuation in its IPO.
Saudi Aramco Uses New Technology To Re-Explore Vast Empty Quarter
Thursday, August 31, 2017 Saudi Aramco is using new technology to re-explore areas of the vast Arabian desert known as the Empty Quarter.
Dow Chemical Plans to Boost Stake in Sadara JV to 50 Pct
Monday, August 28, 2017 The Sadara complex has 26 integrated facilities and the capacity to produce more than 3 million tonnes of products per year.
Saudi Aramco, SABIC Launch Bidding At Key Chemical Project
Thursday, August 24, 2017 Saudi Aramco and SABIC have launched bidding for engineering work on their joint crude oil to chemicals project.
Falih: Saudi Aramco To Sign China's Yunnan Refinery Deal In 6 Months
Wednesday, August 23, 2017 Saudi Aramco is expected to sign a final deal with PetroChina within six months to invest in its Yunnan refinery.
Saudi's Sadara Commissions Last Plant of Its Saudi Petchem Complex
Monday, August 14, 2017 TDI is mainly used in the production of flexible polyurethane foam for furniture, mattresses and car seats.
Saudis Said to Weigh Oil-Price Linked Tax for Aramco Before IPO
Monday, July 31, 2017 Saudi Arabia is considering a flexible tax system for state-owned oil company Aramco that would increase royalty payments when crude prices rise, according to people familiar.
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.