LoadingLoading ...

عربي

Saudi Arabian Oil Company

  
Also known as: Saudi Aramco
 
 
 
 
 
 
 
 
 
 
Updated: Mar 31, 2011
Published with Limited Information

 
 
 
Country

Saudi Arabia

Ownership Type
 
 
 
 
Formerly Known As 
Californian Arabian Standard Oil Company until 1945
Principal Activities
Holding company investing in the oil and gas and petrochemicals industries; exploration, drilling, production, refining and shipping of oil and gas; manufacture, storage and distribution of petrochemicals, refined petroleum products, greases, lubricants, liquefied natural gas and liquefied petroleum gas; oilfield services including oil well stimulation, cementing and high pressure pumping.
 
Date of Establishment Year
1933
 
No of Employees
55,066 (N/A Company, 55,066 Group, N/A Headquarters) (As of Mar 25, 2011)
 
Total Production Capacity
12 million barrels of crude oil per day
 
No of Terminals
7
 
Storage Capacity
200 million barrels of refrigerated liquefied petroleum gas and natural gas condensate per year
 
Branches
Jeddah    
 
Factories and Plants
Yanbu Juaymah Abqaiq
 
Refineries
Jeddah Yanbu Riyadh
 
Ras Tanura    
 
Representative Offices
Singapore Shanghai Kuala Lumpur
 
Japan China  
 
Retail Outlets
Saudi Arabia (19)    
 
Storage Tanks
3000    
 
 
Contact Details
Address:
Saeed Tower
Dammam Khobar Highway
P.O. Box 151
Al Khobar 31952
Al Sharqiyah
Saudi Arabia
 
Tel:
+966 3-872-0115
+966 3-810-6999
 
Fax:
+966 3-814-7063
+966 3-873-8190
 
Email:
webmaster@aramco.com.sa
 
Website:
www.saudiaramco.com
 
Related Links:
www.aramcooverseas.com
www.petron.com
www.moh.gr
www.aramcoservices.com
www.s-oil.com
www.team-terminal.nl
www.showa-shell.co.jp
www.motivaenterprises.com

 
 
 M&A Details
 
Acquistion
 
Status
Rumored
 
Acquirer
 
Target
 
Announcement Date
15 Dec 2011
 
 
 Business Overview
The Saudi Arabian Oil Company (Saudi Aramco)Saudi Arabian Oil Company (Saudi Aramco)Loading... is a holding company involved in the exploration, drilling and production of crude oil and natural gas; the oil and gas field services, transportation, refining and processing of oil products.

The conglomerate established the Sadara Chemical CompanySadara Chemical CompanyLoading..., a SAR75 billion (USD20 billion) subsidiary with the Dow Chemical CompanyDow Chemical CompanyLoading.... It would manufacture 3 million tons of petrochemicals per year, once completed along with its complex of 23 plants, in 2015.

Through the Saudi Aramco Total Refining and Petrochemical Company (SATORP)Saudi Aramco Total Refining and Petrochemical Company (SATORP)Loading..., the conglomerate is building a SAR52.5 billion (USD14 billion) plant. When completed in 2013, the subsidiary’s Jubail Export Refinery plant would produce 11.5 million tons of jet and diesel fuel oils, 4.3 million tons of gasoline and 2.15 million tons of petroleum coke, per year.

The conglomerate manufactures and distributes lubricants and base fuel oil, through the Saudi Aramco Lubricating Oil Refining Company (LUBEREF)Saudi Aramco Lubricating Oil Refining Company (LUBEREF)Loading.... The subsidiary’s two refineries have a joint capacity of 4 million barrels of base oil per year, as of March 2011.

With 25 oil tankers, Vela International MarineVela International MarineLoading... provides marine transportation of refined, crude oil and petroleum products for its parent, Saudi AramcoSaudi AramcoLoading....

Saudi AramcoSaudi AramcoLoading... stated, in November 2011, that its plans are to focus more on investing in gas, rather than increasing its oil production.
 
 
 Major Shareholders   
Name   Type  Country  Holding 
Government of Saudi Arabia  Government Saudi Arabia 100.00% 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Aramco Associated Company United States 100.00%
Aramco Financial Services Company [AFSC] Saudi Arabia 100.00%
Aramco Gulf Operations Company Saudi Arabia 100.00%
Aramco Overseas Company [AOC] Netherlands 100.00%
Aramco Services Company [ASC] United States 100.00%
Aramco Training Services Company [via Aramco Services Company] United States 100.00%
Saudi Petroleum - China China 100.00%
Saudi Petroleum - Singapore Singapore 100.00%
Saudi Petroleum - Tokyo Japan 100.00%
Saudi Petroleum International Incorporation [SPII] United States 100.00%
Saudi Petroleum Overseas [via Aramco Overseas Company] United Kingdom 100.00%
Saudi Refining Incorporation [via Aramco Services Company] United States 100.00%
Vela International Marine UAE 100.00%
Saudi Aramco Lubricating Oil Refining Company Saudi Arabia 70.00%
Red Sea Refining Company Saudi Arabia 62.50%
Saudi Aramco Total Refining and Petrochemical Company Saudi Arabia 62.50%
Motiva Entreprises [via Saudi Refining Incorporation] United States 50.00%
Saudi Aramco Mobil Refinery Company Saudi Arabia 50.00%
Saudi Aramco Shell Refinery Company Saudi Arabia 50.00%
South Rub Al Khali Company Saudi Arabia 50.00%
Rabigh Refining and Petrochemical Company Saudi Arabia 37.50%
S-Oil Corporation [via Aramco Overseas Company] South Korea 35.00%
TEAM Terminal [via Aramco Overseas Company] Netherlands 34.35%
Fujian Petrochemical Company [FRPC] [via Saudi Aramco Sino Company] China 25.00%
Power and Water Utility Company for Jubail and Yanbu Saudi Arabia 25.00%
Enirepsa Saudi Arabia 20.00%
Lukoil Saudi Arabia Energy [Luksar] Saudi Arabia 20.00%
Sino Saudi Gas Saudi Arabia 20.00%
Sadara Chemical Company Saudi Arabia -
Investments
Name  Country  Holding 
Arab Petroleum Pipelines Company Egypt 15.00%
Showa Shell [via Aramco Overseas Company] Japan 15.00%
Saudi Electricity Company Saudi Arabia 6.90%
Supervising Authority
Name  Country  Holding 
Ministry of Petroleum and Mineral Resources - Saudi Arabia Saudi Arabia -