Saudi Arabian Oil Co - Company Profile
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Saudi Arabian Oil Co (Saudi Aramco) is a state-owned energy and chemical company. It carries out the exploration, production and processing of crude oil and natural gas, refining, fractionation of natural gas, production of petrochemicals, and distribution of petroleum products and natural gas. The company operates wholly-owned domestic refineries and has interests in joint venture refineries with international partners. Saudi Aramco operates through a network of pipelines, bulk plants, air refueling sites and terminals. The company also operates power plants and associated transmission and distribution facilities in the Kingdom of Saudi Arabia. The company has subsidiaries and joint ventures across the Americas, Europe and other regions. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia.
Headquarters
Saudi Arabia
Address
Corporate Communications Department, Saudi Aramco,North Admin Building, P.O. Box 5000, Dhahran, 31311
Website
www.aramco.com
Telephone
966 1 38720115
No of Employees
70,496
Industry
Energy and Utilities
Ticker Symbol & Exchange
2222 (SAU)
Revenue (2022)
$605.1B
50.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
51.1%
(2022 vs 2021)
Market Cap*
$2,132.5B
Net Profit Margin (2022)
XYZ
0.1%
(2022 vs 2021)
* As of and is in US$
Saudi Arabian Oil Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Storage |
| Natural Gas | |
| Natural Gas Liquids | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In November, the company entered into an agreement with Nokia Bell Labs to support Industry 4.0/4IR digital use-case creation and proof of concept development for priority industrial sectors in the Kingdom of Saudi Arabia and beyond. |
| 2023 | Commercial Operation | In November, the company produced the first unconventional tight gas from its South Ghawar operational area. |
| 2023 | Oil/Gas Discovery | In November, the company discovered two new gas fields in the Eastern Province and the Empty Quarter. |
Competitor Comparison
| Key Parameters | Saudi Arabian Oil Co | Shell plc | Chevron Corp | Petroleo Brasileiro SA | Rosneft Oil Co |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | United Kingdom | United States of America | Brazil | Russia |
| City | Dhahran | London | San Ramon | Rio De Janeiro | Moscow |
| State/Province | - | England | California | - | Moscow |
| No. of Employees | 70,496 | 93,000 | 43,846 | 45,149 | 334,600 |
| 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 | 2019 | 53 |
| Amin H. Nasser | Chief Executive Officer; Director; President | Executive Board | 2015 | 64 |
| Ibrahim A. Al-Assaf | Deputy Chairman | Executive Board | - | 74 |
| Ziad T. Al-Murshed | Executive Vice President; Chief Financial Officer | Senior Management | 2022 | - |
| Ahmad O Al-Khowaiter | Chief Technology Officer; Executive Vice President - Technology & Innovation | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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