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 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.
Saudi Aramco Signs Contracts to Build $13B Fadhili Gas Project
Wednesday, July 20, 2016 State oil giant Saudi Aramco signed four engineering contracts to build its Fadhili gas processing project, the company says.
Saudi Aramco Boss Says Drilling, IPO Unaffected by Oil Price
Wednesday, July 20, 2016 Saudi Arabia's oil and natural gas production is unaffected by crude prices at current levels, the state-run producer's CEO says, signaling that the world's biggest oil exporter will maintain its battle for market share.
Iraq Undercuts Saudi Arabia In Q2 To Grab Top Spot In India Oil Market
Tuesday, July 19, 2016 Iraq overtakes Saudi Arabia for the first time to become India's top oil supplier in the June quarter, helped by sales of discounted heavy crude that refiners have also been using to make bitumen to build roads in the world's No.3 oil consumer.
Minister: Saudi Always Reacts To Oil Supply And Demand, Watching Market
Monday, July 18, 2016 Saudi Arabia's energy minister says the kingdom always reacts to oil market supply and demand and it would continue to monitor crude markets for any developments.
Saudi Aramco And SABIC Sign Oil-To-Chemicals Project Deal
Tuesday, June 28, 2016 Saudi Aramco agrees a deal with Saudi Basic Industries Corp (SABIC) to set up a joint oil-to-chemicals project in the Red Sea city of Yanbu.
Saudi Aramco Says Minor Pipeline Fire Extinguished, No Impact On Oil Supply
Thursday, June 16, 2016 Saudi Aramco says a minor pipeline fire broke out on Thursday morning but was quickly put out with no injuries or impact on oil supply.
Minister: Saudi Aramco Could Import Gas To Boost Use In Energy Mix
Tuesday, June 07, 2016 Saudi Aramco could invest in importing gas into the kingdom, but the priority would be on finding new sources of gas domestically through exploration, Saudi Arabia's energy minister says.
GE, Saudi Aramco to Invest in Forging, Casting Facility
Friday, June 03, 2016 GE will partner with Saudi Aramco and Cividale to construct a first-of-its-kind forging and casting facility to serve the Middle East and North African energy and maritime sectors.
Energy Minister: Saudi Aramco Keen to Invest in Global Upstream After IPO
Thursday, June 02, 2016 Saudi Arabia's state oil giant Aramco is interested in investing in international upstream as it prepares for a partial privatization through a stock market listing, the kingdom's energy minister says.
Saudi Aramco Says Discovers New Fields, to Continue Energy Investments
Friday, May 27, 2016 Saudi Arabia's state oil giant Aramco discovered new oil and gas fields last year and the kingdom is committed to continue investing in its energy sector to meet future demand, its new energy minister says.
Saudi Aramco Said To Appoint JPMorgan, HSBC For Debut Bond Sale
Wednesday, May 25, 2016 Saudi Aramco, the world's largest oil exporter, is working with JPMorgan Chase & Co., HSBC Holdings and Riyad Bank on the company's first sale of Islamic bonds, people with knowledge of the matter say.
Saudi Arabia's Economic Plan Shows It's Just Not That Into OPEC
Tuesday, May 24, 2016 Saudi Arabia, one of the founders of OPEC, is sounding the group's death knell.