Saudi Arabian Oil Co.
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 the world's oil demand. In 2008 the company reported proved oil reserves of about 260 billion barrels; it also owns 263 trillion cu. ft. of natural gas reserves (the fourth largest in the world). It produces 8.5 million barrels a day, 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.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Saudi Arabian Oil Co.
| Company Type | Government-owned |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £161,117.0 |
| 1-Year Sales Growth | 43.7% |
| 2008 Employees | 54,441 |
| 1-Year Employee Growth | 4.5% |
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 (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President, CEO, and Director | Khalid A. Al-Falih Connect to this executive |
| SVP Finance | Abdullatif A. Al-Othman Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Saudi Arabian Oil Co.
There are 9 competitors for Saudi Aramco; see more.Significant Developments
View company events at Saudi Arabian Oil Co. such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
| Top Executive Change |
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
More Industry InformationSubsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of Saudi Arabian Oil Co.

