Saudi Arabian Oil Co.

PO Box 5000
Dhahran, 31311, Saudi Arabia
Phone: +966-3-872-0115
Fax: +966-3-873-8190
Primary US Office:
Subscribers Only
http://www.saudiaramco.com

Overview

State-owned Saudi Arabian Oil Co. (Saudi Aramco) is the king of oil. It is the world's #1 oil producer, supplying more than 10% of global oil demand. In 2010 the company reported oil reserves of 260 billion barrels (the world's largest); it also owns 279 trillion cu. ft. of natural gas reserves (the fourth largest in the world). It operates refineries, markets oil internationally, and distributes it domestically. Saudi Aramco owns a fleet of oil tankers and invests in refineries, marketing, and distribution ventures in other countries, including China, Japan, South Korea, and the US. In 2010, 55% of its crude oil exports were shipped to the Far East.

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Key Numbers from Hoover's UK

Key financials for Saudi Arabian Oil Co.

Company Type Government-owned
Fiscal Year-End December
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Key People from Hoover's UK

Key people and executives for Saudi Arabian Oil Co.

Chairman; Minister of Petroleum and Mineral Resources Ali I. Al-Naimi
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SVP Refining, Marketing, and International Khalid G. Al-Buainain
SVP Engineering and Project Management and Director Salim S. Al-Aydh
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Top Competitors from Hoover's UK

Top competitors of Saudi Arabian Oil Co.

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Industry Information from Hoover's UK

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Saudi Arabian Oil Co.

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