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Saudi Aramco

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Saudi Aramco

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Also known as Aramco, Arabian-American Oil Company, Saudi Arabian Oil Company, Saudi Arabian Oil Company (Dhahran), Saudi Arabian Oil Group

Saudi Arabian state-owned petroleum company

OverviewAI-generated

Saudi Aramco, also known as the Saudi Arabian Oil Company or Aramco, is an active company and funder located in Dhahran, Saudi Arabia. The organization was established in 1933, with other inception dates recorded as 1932 and 1988. It operates under the jurisdiction of Saudi Arabia and maintains an official website.

The company employs 79,000 people and reports a total revenue of 2,006,955,000,000. Its financial records show an operating income of 1,144,077,000,000 and a net profit of 604,005,000,000. Total assets stand at 1,494,126,000,000, while total equity is 1,046,235,000,000. The market capitalization is listed as 24,580,000,000,000. Additionally, the organization has 152,000 social media followers.

Synthesized by Vinony from 28 facts across 4 sources: Wikidata, GLEIF, ROR, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.

Company

Jurisdiction
SA
Headquarters
Adh Dhahran, SA

via GLEIF

Research organization · ROR

Type
Company, Funder
Founded
1933
Location
Dhahran, Saudi Arabia
Also known as
Arabian-American Oil Company, Aramco , Saudi Arabian Oil Company
Status
Active

GRID grid.454873.9 · ISNI 0000 0000 9113 8494

Wikidata facts

Official name
Saudi Arabian Oil Group
Headquarters
Dhahran
Subsidiary
Valvoline
Employees
79000
Revenue
2006955000000
Stock exchange
Saudi Stock Exchange
Legal form
public company
Official website
www.aramco.com/
Image
AramcoCoreArea.jpg
Show 17 more facts
IPv4 routing prefix
166.87.0.0/16
Commons category
Saudi Aramco
topic's main category
Category:Saudi Aramco
inception
1932-00-00
operating income
1144077000000
net profit
604005000000
total assets
1494126000000
total equity
1046235000000
product or material produced
natural gas
has works in the collection
National Museum of World Cultures
board member
Yasir Al-Rumayyan
market capitalization
24580000000000
social media followers
152000
director / manager
Yasir Al-Rumayyan
on focus list of Wikimedia project
WikiProject Climate change
described by source
Pax Leksikon
Sources (15)

via Wikidata · CC0

~37 min read

Encyclopedic overview

Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company, it is the national oil company of Saudi Arabia. As of 2024, it is the fourth-largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's largest proven crude oil reserves, at more than 270 billion barrels (43 billion cubic metres), and largest daily oil production of all oil-producing companies.

Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2024, its oil production total was 12.7 million barrels of oil equivalent per day, and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world's largest onshore oil field) and the Safaniya Field (the world's largest offshore oil field).

Excerpted from Wikipedia’s “Saudi Aramco” article, available under the CC BY-SA 4.0 licence.

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