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World Leader in Oil and Gas Industry

by | May 25, 2021

Saudi AramcoBy Saif Alam siddiqui for Maeeshat,

From exploration to production Saudi Aramco is the world’s largest oil and gas company produce one in every eight barrels of the world’s crude supply.Its value has been estimated between US$ 1.25 trillion to US$ 10 trillion making it the world’s most valuable company. Headquartered in Dhahran eastern province of the kingdom of Saudi Arabia with offices and operations throughout the Kingdom, employ over 65,000 workers worldwide, with subsidiaries and affiliates stationed across the globe.

From the extent of earth to the edge of human mind, in the world of Saudi Aramco energy is opportunity the company firmly believes in utilizing the maximum potential leaving no stone unturned in actualizing the opportunities, itssustainably delivers the energy which makes new opportunities possible, in reality the company bring energy to life.The state-owned oil company and a fully integrated global petroleum and chemicals enterprise that make it the world’s largest single hydrocarbons network. Over the past 80 years it become the world leader in hydrocarbons exploration, production, refining, distribution and marketing.From managing the world’s largest crude oil reserves to developing high value petrochemical products the contributions across the value chain developed a vibrant energy sector that create stability and Opportunities for people across the globe.Saudi Aramco has the world’s largest proven crude oil reserves, more than 260 billion barrels (4.1×1010 m3) and largest daily oil production of about 10.2 million barrels per day (bpd), natural gas reserve of about 297.6 trillion standard cubic feet (scf), manages about 134 oil and gas fields in Saudi Arabia including the world’s largest onshore oil field the Ghawar Field in Al Ahsa eastern province, and the Safaniya field world’s largest offshore oil field.

Dedicated in enabling innovation through the application of science and technology today Saudi Aramco envision to deliver energy to the world and leading the benchmark of the world’s leading integrated energy and chemicals enterprise, a top refiner and a creator of energy technologies, theproduction infrastructure helps in advancing its industry’s scope of production, operational reliability and technical advancement.

Now let us see the latest facts and figure to endorse Saudi Aramco as the world leader in Energy domain:

Production and reserves:

Crude oil and condensate reserves: 261.1billion barrels
Gas reserves: 297.6trillion scf
Crude oil production: 3.7 billion barrels annually; 10.2million barrels daily
Crude oil exports: 2,603 million barrels
Delivered sales gas: 7,979 million scfd
Delivered ethane: 794 million scfd
NGL(natural gas liquid) from hydrocarbon gases: 474.4million barrels
Raw gas processed: 11.6billion scfd
Refined products production: 641million barrels
Refined products exports: 232 million barrels

Exports:

Sr# Region Products Percentage
Crude oil Refined products NGL
1 Far East 65.0 34.5 26.7
2 Northwest Europe 6.4 9.4
3 Mediterranean 6.4 6.8 4.3
4 U.S 16.6
5 Other regions 5.6 49.3 69.0

 

People:

Employment is a vital part of an economy Saudi Aramco employ about 65,266 employee of about 84% are Saudis and 16% are expatriates.

Operations Global:

London UK, Hague Netherlands, New Delhi India and Milan Italy
Aramco Overseas Company (AOC); Houston and Washington USA
Aramco Service Company (ASC); New York USA
Saudi Petroleum International Inc.; Beijing, Xiamen and Shanghai China; Tokyo Japan; Seoul Republic of Korea
Aramco Asia; Singapore

Joint and Equity Ventures:

Fujian Refining and Petrochemical Company Ltd (FREP) and Sinopec SenMei Petroleum Company Ltd (SSPC) – Fujian China
Motiva Enterprises LLC – Houston USA
The Arab Petroleum Pipeline Co. (SUMED) – Alexandria Egypt
S-OIL – Seoul Republic of Korea
Showa Shell – Tokyo Japan

R&D centers:

Beijing China
Boston- Detroit- Houston USA
Dhahran (R&DC, EXPEC ARC), Thuwal (KAUST) Saudi Arabia
Paris France

Domestic refineries: Jeddah, Ras Tanura, Riyadh, Yanbu

Domestic joint venture refineries: Petro Rabigh, SAMREF, SASREF, SATORP, YASREF

Terminals: Duba, Jazan, Jeddah, Ju’aymah, Ras Tanura, Rabigh, Yanbu
(reference all facts and figure are latest from: http://saudiaramco.com)

Saudi Aramco’s relentless efforts to expand the Kingdom’s oil and gas reserves sustain the capability to meet future energy demand which helps in contributing the communities, industries and the world, its flourishing business,nourishing economies and driving innovation.

(Writer can be reached at: saifalam89@gmail.com)

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