Saudi Arabian Oil Co - Company Profile
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Saudi Arabian Oil Co (Saudi Aramco) is a vertically integrated energy and chemical company engaged in the exploration, production, and processing of crude oil and natural gas; refining and fractionation of natural gas; production of petrochemicals; and distribution of petroleum products and natural gas liquids. The company offers refined petroleum products, chemicals, and base oils. Through subsidiaries, it also operates power plants and associated transmission and distribution facilities in Saudi Arabia. Saudi Aramco's products are offered to customers across various industries, including energy, transportation, and petrochemicals. The company operates through pipelines, bulk plants, air refueling sites, and terminals. It has operations in Asia, the Americas, Europe, the Middle East, and Africa. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia.
Headquarters
Saudi Arabia
Address
Corporate Communications Department, Sau, P.O. Box 5000, Dhahran, Eastern Province, 31311
Website
www.aramco.com
Telephone
966 138 772828
No of Employees
75,118
Industry
Energy and Utilities
Ticker Symbol & Exchange
2222 (SAU)
Revenue (2024)
$445.8B
-7.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-11.6%
(2024 vs 2023)
Market Cap*
$1,707.5B
Net Profit Margin (2024)
XYZ
-4.7%
(2024 vs 2023)
* As of and is in US$
Saudi Arabian Oil Co premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Natural Gas | Service: | aramcoDURA |
| Crude Oil | Oil Storage | Valvoline |
| Natural Gas Liquids | aramcoULTRA | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Business / Operations Closure | In July, the company closed the Jizan oil refinery. |
| 2026 | Contracts/Agreements | In July, the company selected Fluor Corporation as a Program Management Consultancy contractor under a Long-Term Agreement to promote its global capital projects portfolio. |
| 2026 | Contracts/Agreements | In July, the company awarded a contract to Sepco Electric Power Construction Corporation for a fencing project along the East-West pipeline. |
Competitor Comparison
| Key Parameters | Saudi Arabian Oil Co | Shell plc | Chevron Corp | Rosneft Oil Co | Petroleo Brasileiro SA |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | United Kingdom | United States of America | Russia | Brazil |
| City | Dhahran | London | Houston | Moscow | Rio De Janeiro |
| State/Province | Eastern Province | England | Texas | Moscow | Rio de Janeiro |
| No. of Employees | 75,118 | 85,000 | 43,039 | 320,000 | 50,687 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yasir Othman Al-Rumayyan | Chairman | Executive Board | - | 56 |
| Amin H. Nasser | Director; President; Chief Executive Officer | Executive Board | 2015 | 67 |
| Ziad T. Al-Murshed | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | - |
| Ibrahim A. Al-Assaf | Vice Chairman | Executive Board | - | 77 |
| Nabeel A. Al-Jama | Executive Vice President - Human Resources and Corporate Services | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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