Aramco
The Saudi Arabian public petroleum and natural gas company. Tareq Amin previously worked for a digital subsidiary of Aramco before leading Humain.
First Mentioned
11/8/2025, 6:23:41 AM
Last Updated
11/8/2025, 6:25:24 AM
Research Retrieved
11/8/2025, 6:25:24 AM
Summary
Saudi Aramco, officially the Saudi Arabian Oil Company, is the majority state-owned national oil and natural gas company of Saudi Arabia, headquartered in Dhahran. It is a global energy giant, ranking as the world's fourth-largest company by revenue in 2024, and possesses the world's second-largest proven crude oil reserves, exceeding 270 billion barrels. Aramco holds the largest daily oil production among all oil-producing companies, averaging 12.7 million barrels of oil equivalent per day in 2024 and reaching 13.3 million barrels of oil equivalent per day in Q3 2025. The company manages the world's largest single hydrocarbon network, the Master Gas System, and oversees over a hundred oil and gas fields, including the colossal Ghawar and Safaniya fields. Its shares began trading on the Saudi Exchange on December 11, 2019, quickly achieving a market capitalization exceeding US$2 trillion. Aramco's substantial "Energy Advantage" is a foundational pillar for Saudi Arabia's ambitious Vision 2030 plan, which aims to transform the nation into a global AI and technology superpower by leveraging its energy resources and talent pool.
Referenced in 1 Document
Research Data
Extracted Attributes
Type
Majority state-owned petroleum and natural gas company
Products
Crude oil, natural gas, natural gas liquids, refined petroleum products, chemicals, base oils
Segments
Upstream, Downstream, Corporate
Operations
Exploration, Production, Processing, Refining, Fractionation, Petrochemicals, Distribution, Marketing, Power Generation
Common Name
Saudi Aramco, Aramco
Headquarters
Dhahran, Saudi Arabia
Founding Date
1933-05-29
Official Name
Saudi Arabian Oil Company
Classification
National oil company of Saudi Arabia
Geographic Presence
Asia, Americas, Europe, Middle East, Africa
Hydrocarbon Network
Master Gas System (world's largest single)
Number of Employees
Over 75,000
Natural Gas Reserves
288.4 trillion standard cubic feet
Revenue Ranking (2024)
4th largest company globally by revenue
Largest Onshore Oil Field
Ghawar Field
Proven Crude Oil Reserves
Over 270 billion barrels (world's second-largest)
Largest Offshore Oil Field
Safaniya Field
Oil and Gas Fields Managed
Over 100 in Saudi Arabia
Market Capitalization (IPO)
US$1.88 trillion (initial), surpassed US$2 trillion (second day of trading)
Daily Oil Production (2024 average)
12.7 million barrels of oil equivalent per day (largest among oil-producing companies)
Daily Hydrocarbon Production (Q3 2025)
13.3 million barrels of oil equivalent per day
Timeline
- Founded as Arabian-American Oil Company (Aramco). (Source: Forbes)
1933-05-29
- Shares commenced trading on the Saudi Exchange. (Source: Wikipedia, Summary)
2019-12-11
- Market capitalization surpassed US$2 trillion on its second day of trading. (Source: Wikipedia, Summary)
2019-12-12
- Ranked as the world's fourth-largest company by revenue. (Source: Wikipedia, Summary)
2024
- Averaged 12.7 million barrels of oil equivalent per day in oil production. (Source: Wikipedia, Summary)
2024
- Entered into a contract with Subsea 7, valued between US$750 million and US$1.25 billion, to develop offshore facilities in Saudi Arabia. (Source: GlobalData via Web Search)
2025-09
- Achieved 13.3 million barrels of oil equivalent per day in hydrocarbon production. (Source: Aramco Investor Overview via Web Search)
2025-Q3
Wikipedia
View on WikipediaSaudi Aramco
Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah) or Aramco (formerly Arabian-American Oil Company), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that 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 second-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). On 11 December 2019, the company's shares commenced trading on the Saudi Exchange. The shares rose to 35.2 Saudi riyals, giving it a market capitalization of about US$1.88 trillion, and surpassed the US$2 trillion mark on the second day of trading.
Web Search Results
- Saudi Aramco - Wikipedia
Saudi Aramco (Arabic: أرامكو السعودية _\_ʾArāmkū as-Suʿūdiyyah\__) or Aramco (formerly Arabian-American Oil Company), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that 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 second-largest proven crude oil reserves, at more than 270 billion barrels#Oil_barrel [...] 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 trillionstandard 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 "Onshore (hydrocarbons)")) and the Safaniya Field (the [...] Saudi Aramco is headquartered in Dhahran, but its operations span the globe and include exploration, production, refining, chemicals, distribution and marketing. All these activities of the company are monitored by the Saudi Arabian Ministry of Petroleum and Mineral Resources together with the Supreme Council for Petroleum and Minerals.( However, the ministry has much more responsibility in this regard than the council.( ### Finances [edit]
- Saudi Arabian Oil Co Company Profile - Overview - GlobalData
Saudi Arabian Oil Co (Saudi Aramco) is a vertically integrated energy and chemical company engaged in the exploration, production, and processing of crude oil and natural gas; refining and fractionation of natural gas; production of petrochemicals; and distribution of petroleum products and natural gas liquids. The company offers refined petroleum products, chemicals, and base oils. Through subsidiaries, it also operates power plants and associated transmission and distribution facilities in [...] Saudi Arabia. Saudi Aramco's products are offered to customers across various industries, including energy, transportation, and petrochemicals. The company operates through pipelines, bulk plants, air refueling sites, and terminals. It has operations in Asia, the Americas, Europe, the Middle East, and Africa. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia. [...] | 2025 | Contracts/Agreements | In September, the company entered into a contract with Subsea 7, valued between US$750 million and US$1.25 billion, to develop offshore facilities in Saudi Arabia. |
- About Aramco Americas
Skip to content # About Aramco Americas Advancing technology for the energy of tomorrow. We believe in the power that energy has to transform lives, enhance communities, advance human progress, and sustain our planet. Aramco Americas is a team of scientists, engineers, procurement, and venture capital specialists who are dedicated to creating and developing new and industry-changing technologies for the vital energy the world needs to grow and prosper. [...] As part of the global research network at Aramco, one of the world’s largest integrated energy and chemicals companies, we work with the best and brightest minds to provide fresh perspectives, innovative advances, and ground-breaking research to support the energy transition. And we invest globally in early-stage and high-growth technology companies which have the potential to enhance our ability to deliver reliable, affordable, and lower emission energy to people and communities worldwide. [...] ## In this section Learn more about our history, people and culture, as well as where we do business in the Americas ### Our history Aramco Americas traces its roots back to a consortium that struck oil in the Arabian desert more than 80 years ago. Visit now ### Our parent company & affiliates Where energy is opportunity. Visit now ### Our people and culture Our corporate values are what define us - as a company, as employees, as people. Visit now ### Aramco Benefits
- Investor overview - Aramco
Investor overview | Aramco Skip to content Aramco Europe English Aramco Poland English | polski Aramco India English Aramco Japan English | 日本語 Aramco Korea English | 한국어 Aramco Malaysia English Aramco Singapore English , enhancing production and increasing long-term value. It also operates a strategically-integrated global Downstream business. Headquartered in the city of Dhahran, the company operates within the Kingdom and worldwide, and employs more than 75,000 people. [...] News November 04, 2025 ### Aramco announces third quarter 2025 results News October 09, 2025 ### Aramco completes acquisition of additional stake in Petro Rabigh News September 18, 2025 ### Aramco announces completion of $3 billion international Sukuk issuance News August 14, 2025 ### Aramco signs $11 billion Jafurah midstream deal with international consortium led by Global Infrastructure Partners In this section [...] Third-quarter 2025 highlights Financial ﷼105 bn $28 bn Adjusted net income ﷼88.4 bn $23.6 bn Free cash flow ﷼79.3 bn $21.1 bn Q3 2025 Base Dividend ﷼0.8 bn $0.2 bn PLD Operational 13.3 mmboed Hydrocarbon production 99.9% Supply reliability Non-IFRS measure: Please refer to Non-IFRS measures reconciliations and definitions section of the Q3 2025 reportfor further details. Q3 2025 base dividend to be paid in November 2025.
- Saudi Arabian Oil Company (Saudi Aramco) - Forbes
international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia. Read Less [...] Saudi Arabian Oil Co. engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to [...] Saudi Arabian Oil Co. engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to
Location Data
Aramco, 1304, Avenida Errázuriz, Cerro Concepción, Almendral, Valparaíso, Provincia de Valparaíso, Región de Valparaíso, 2362829, Chile
Coordinates: -33.0431825, -71.6219941
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