Aramco
Saudi Aramco ( ') 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. , 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 , 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). [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Saudi Aramco
Saudi Aramco ( ') 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. , 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 , 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). [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dhahran
Dhahran (, ) is a city located in the Eastern Province, Saudi Arabia, Eastern Province, Saudi Arabia. With a total population of 143,936 as of 2022, it is a major administrative center for the History of the oil industry in Saudi Arabia, Saudi oil industry. Together with the nearby cities of Dammam and Al Khobar, Khobar, Dhahran forms part of the Dammam Metropolitan Area, which is commonly known as greater Dammam and has an estimated population of 2.2 million as of 2022. A Concession Agreement to search for oil was signed in Jeddah on May 29, 1933, between the Kingdom of Saudi Arabia and Standard Oil of California. However, it was not until five years later, in 1938, that the first oil in commercial quantities was produced. Standard Oil later established a subsidiary in Saudi Arabia called Saudi Aramco, the Arabian American Oil Company (ARAMCO), now owned by the Government of Saudi Arabia, Saudi government and known as Saudi Aramco. Dhahran has been the home of Saudi Aramco's ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ghawar Field
Ghawar (Arabic: الغوار) is an oil field located in Al-Ahsa Governorate, Eastern Province, Saudi Arabia. Measuring (some ), it is by far the largest conventional oil field in the world, and accounts for roughly a third of the cumulative oil production of Saudi Arabia as of 2018. Ghawar is entirely owned and operated by Saudi Aramco, the state-run Saudi oil company. In April 2019, the company first published its profit figures since its nationalization nearly 40 years ago in the context of issuing a bond to international markets. The bond prospectus revealed that Ghawar is able to pump a maximum of per day—well below the more than per day that had become conventional wisdom in the market. Geology Ghawar occupies an anticline above a basement fault block dating to Carboniferous time, about 320million years ago; Cretaceous tectonic activity, as the northeast margin of Africa began to impinge on southwest Asia, enhanced the structure. Reservoir rocks are Jurassic Arab ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yasir Al-Rumayyan
Yasir bin Othman Al-Rumayyan (; born 18 February 1970) is a Saudi Arabian Businessperson, businessman who is governor of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. He also chairs the state-owned petroleum company Saudi Aramco and Saudi Arabia's largest mining company Ma'aden (company), Ma'aden. He is chairman of the English football club Newcastle United and manages the LIV Golf professional men's golf tour. He is chairman of Riyadh Air. He is also involved in the construction of Neom, a controversial megaproject. Al-Rumayyan is a close ally of Saudi ruler Mohammed bin Salman. His early career was in finance. When King Abdullah died in 2015 and power consolidated around Crown Prince Mohammed bin Salman, Al-Rumayyan was appointed chairman of PIF and placed on the board of Saudi Aramco. After Bin Salman's 2017–2019 Saudi Arabian purge, 2017 purge of competing Saudi political elites, Al-Rumayyan and his associates assisted Bin Sa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries by area, fifth-largest country in Asia, the largest in the Middle East, and the List of countries and dependencies by area, 12th-largest in the world. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Bahrain, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to Saudi Arabia–Yemen border, the south. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of Geography of Saudi Arabia, its terrain consists of Arabian Desert, arid desert, lowland, steppe, and List of mountains in Saudi Arabia, mountains. The capital and List of cities ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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SABIC
Saudi Basic Industries Corporation (), known as SABIC (), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers and fertilizers. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul. In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500. By the end of 2018 SABIC was the world's 281st-largest corporation. In 2014, the company had sales revenues of $50.4 billion, profits of $6.7 billion and assets standing at $90.4 billion. It also has been recognized as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021. History SABIC was founded in 1976 by royal decree to convert oil by-products into useful chemicals, polymers, and fertilizers. The first chairman of the company was Ghazi Abdul Rahman Al Gosaibi, the Minister of Industry and Electricity, and the first CEO w ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Eastern Province, Saudi Arabia
The Eastern Province (Arabic: المنطقة الشرقية al-Mintaqah ash-Sharqīyah), also known as the Eastern Region, is a province in Saudi Arabia. It is the nation's largest province by area and the third most populous after the Riyadh Province and Mecca Province. As of 2022, the population is 5,125,254. Its name reflects its location in the eastern part of the country. More than a third of the population is concentrated in the Dammam metropolitan area. With an estimated population of 1.53 million as of 2022, Dammam, the capital of the province, is the fourth most populous city in the kingdom. The incumbent governor of the province is Saud bin Naif. Other populous cities in the province include Qatif, Hofuf, Hafr al-Batin, Jubail and Khobar. The region is extremely popular among tourists for its beaches on the Persian Gulf and proximity to the other countries of the eastern Arab world, such as the United Arab Emirates, Qatar and Bahrain, with the latter being linked ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Investment Fund
The Public Investment Fund (PIF; ) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of billion. It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia. The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's ''de facto'' ruler since 2015. More than 60% of the fund's activities are within Saudi Arabia. Within Saudi Arabia, the fund's investments primarily go to private conglomerates owned by prominent Saudi business families who have close ties to the Saudi ruling family. Outside Saudi Arabia the fund's investments into prominent foreign assets such as Premier League football club 2021 takeover of Newcastle United F.C., Newcastle United have generated controversy due to the fund's lack of transparency and close control by the Saudi government, which has itself faced significant criticism around the Human rights in Saudi Arab ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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S-Oil
S-Oil Corporation () is a petroleum and refinery company, headquartered in Seoul, South Korea. It was established in 1976 under its original name Iran-Korea petroleum company (). It produces petroleum, petrochemical, and lubricant products. The company was listed as a ''Fortune'' Global 500 company in 2009 (Rank 441). S-Oil's Onsan Refinery in Ulsan, South Korea has a capacity of some in 2016. Corporate governance , the Representative Director and CEO is Anwar A. Al-Hejazi. Ownership Saudi Aramco bought a 35% interest in August 1991, and increased it to 65% in 2014. The common stock shares are traded on the Korea Exchange. See also * Economy of South Korea The economy of South Korea is a highly developed mixed economy. By nominal GDP, the economy was worth (US$1.87 trillion). It has the 4th largest economy in Asia and the 13th largest in the world as of 2025. South Korea is notable for its ... References External links * Companies based in Seoul Non- ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Largest Companies By Revenue
This list comprises the world's largest companies by Consolidation (business), consolidated revenue, according to the annually ranked Fortune Global 500, ''Fortune'' Global 500 published by ''Fortune'' magazine, as well as other sources. Out of 50 largest companies 22 are United States, American, 17 Asian and 11 European. This is limited to the largest 50 companies, all of which have annual revenues exceeding US$130 billion. This list is incomplete, as not all companies disclose their information to the media or general public. Information in the list relates to the most recent fiscal year (mostly FY 2023 or 2024). List By country Notes See also * List of largest private non-governmental companies by revenue * List of largest companies in Africa by revenue * List of largest companies in Asia * List of largest companies in Europe by revenue * Forbes Global 2000 * List of largest employers * List of public corporations by market capitalization * List of most valuable bran ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petro Rabigh
Rabigh Refining & Petrochemical Company (Petro Rabigh) is a Saudi Arabian petrochemical company. Founded in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical, it produces and markets refined hydrocarbon and petrochemicals. It is considered the first producer of many petrochemical products and the only producer of propylene oxide in the Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur .... Petro Rabigh products are used in plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibers, household appliances, packaging, candles, pipes and many other applications. Petro Rabigh II is an expansion project valued at US$9 billion that reached full production by 4th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |