The Saudi Arabian Oil Company (Saudi Aramco) is the state-owned oil company of the Kingdom of Saudi Arabia. It ranks first among oil companies worldwide in terms of crude oil production and exports, and natural gas liquids (NGL) exports, and is among the leading producers of natural gas. Saudi Arabia has stewardship over the world''s largest oil reserves — roughly one fifth of the global total — at nearly 260.1 billion barrels. Saudi Aramco is a fully integrated oil company with operations in exploration, production, refining, marketing and international shipping.
Saudi Aramco employs more than 55,000 workers and is headquartered in Dhahran in the Eastern Province. Operations span the Kingdom, with production and product distribution facilities linking all market areas. Major export shipping terminals are located at ports on the Arabian Gulf and Red Sea,strategic refineries meet local demand for automotive and aviation products.
Internationally, Saudi Aramco holds substantial joint venture and investment interests in refining and marketing activities in the United States, the Republic of Korea, Japan, and China. Key market service support offices are located in major cities in North America, Europe and the Far East. A Saudi Aramco subsidiary operates a sizeable fleet of supertankers for exporting crude oil and product vessels serving all domestic customers.
Expansion of the company's capability to discover, produce, process and transport natural gas is currently a major emphasis for Saudi Aramco. Greater efforts in exploration for non-associated gas reserves, along with extensive projects to handle increased production, will meet growing domestic demand for natural gas to fuel industries. Providing natural gas feedstock will serve such essential infrastructure needs as power generation and water desalination.
Having conducted operations for more than 75 years, the company's importance among world oil producers has steadily risen. Today, it is positioned to build upon its prominence as a stable supplier of hydrocarbon resources. And by producing petrochemical products, building export refineries and advancing the development of technologies that will result in cleaner fuels designed for the new generation of combustible engines, Saudi Aramco will continue the work of enhancing lives while safeguarding the planet we all share.