Saudi Aramco is exploring new opportunities in all areas of its oil and gas operations. Yet, as it embarks on cutting-edge programs and projects, the company is simply maintaining its long record of extraordinary vision and remarkable achievement. Come join us to be a part of this great adventure!HistoryKing 'Abd al-'Aziz Al Sa'ud, the founder of the Kingdom of Saudi Arabia, held a fervent belief that his nation was blessed with natural riches. In the early 1930s, geological surveys of the Kingdom found indications of possible petroleum deposits. The discovery of oil on the nearby island of Bahrain also provided an impetus for exploration.In 1933, the Kingdom signed a concession agreement with a major oil company, allowing for exploration in the country's Eastern Province. Other oil companies later joined the enterprise, which became the Arabian American Oil Company, or Aramco--predecessor of today's Saudi Aramco.Today, in the new millennium, Saudi Aramco is exploring new opportunities in all areas of its oil and gas operations. Yet, as it embarks on cutting-edge programs and projects, the company is simply maintaining its long record of extraordinary vision and remarkable achievement. Product & ServicesSaudi Aramco is responsible for 99 percent of the Kingdom's proved crude oil reserves of 259.2 billion barrels -- about a quarter of the world's total. That is more than double the total of Iraq, the country with the world's second largest reserves, and nearly 12 times the reserves of the United States.Saudi Aramco produces and exports more crude oil than any other company. Recent production has averaged some 8 million barrels per day (bpd). That is more than twice the output of the next highest producer and nearly five times greater than the largest U.S. oil company. Saudi Aramco maintains a maximum sustained crude production capacity of 10 million bpd, underscoring its determination to meet customers' requirements.
Saudi Aramco is exploring new opportunities in all areas of its oil and gas operations. Yet, as it embarks on cutting-edge programs and projects, the company is simply maintaining its long record of extraordinary vision and remarkable achievement. Come join us to be a part of this great adventure!HistoryKing 'Abd al-'Aziz Al Sa'ud, the founder of the Kingdom of Saudi Arabia, held a fervent belief that his nation was blessed with natural riches. In the early 1930s, geological surveys of the Kingdom found indications of possible petroleum deposits. The discovery of oil on the nearby island of Bahrain also provided an impetus for exploration.In 1933, the Kingdom signed a concession agreement with a major oil company, allowing for exploration in the country's Eastern Province. Other oil companies later joined the enterprise, which became the Arabian American Oil Company, or Aramco--predecessor of today's Saudi Aramco.Today, in the new millennium, Saudi Aramco is exploring new opportunities in all areas of its oil and gas operations. Yet, as it embarks on cutting-edge programs and projects, the company is simply maintaining its long record of extraordinary vision and remarkable achievement. Product & ServicesSaudi Aramco is responsible for 99 percent of the Kingdom's proved crude oil reserves of 259.2 billion barrels -- about a quarter of the world's total. That is more than double the total of Iraq, the country with the world's second largest reserves, and nearly 12 times the reserves of the United States.Saudi Aramco produces and exports more crude oil than any other company. Recent production has averaged some 8 million barrels per day (bpd). That is more than twice the output of the next highest producer and nearly five times greater than the largest U.S. oil company. Saudi Aramco maintains a maximum sustained crude production capacity of 10 million bpd, underscoring its determination to meet customers' requirements.
Saudi Aramco is exploring new opportunities in all areas of its oil and gas operations. Yet, as it embarks on cutting-edge programs and projects, the company is simply maintaining its long record of extraordinary vision and remarkable achievement. Come join us to be a part of this great adventure!HistoryKing 'Abd al-'Aziz Al Sa'ud, the founder of the Kingdom of Saudi Arabia, held a fervent belief that his nation was blessed with natural riches. In the early 1930s, geological surveys of the Kingdom found indications of possible petroleum deposits. The discovery of oil on the nearby island of Bahrain also provided an impetus for exploration.In 1933, the Kingdom signed a concession agreement with a major oil company, allowing for exploration in the country's Eastern Province. Other oil companies later joined the enterprise, which became the Arabian American Oil Company, or Aramco--predecessor of today's Saudi Aramco.Today, in the new millennium, Saudi Aramco is exploring new opportunities in all areas of its oil and gas operations. Yet, as it embarks on cutting-edge programs and projects, the company is simply maintaining its long record of extraordinary vision and remarkable achievement. Product & ServicesSaudi Aramco is responsible for 99 percent of the Kingdom's proved crude oil reserves of 259.2 billion barrels -- about a quarter of the world's total. That is more than double the total of Iraq, the country with the world's second largest reserves, and nearly 12 times the reserves of the United States.Saudi Aramco produces and exports more crude oil than any other company. Recent production has averaged some 8 million barrels per day (bpd). That is more than twice the output of the next highest producer and nearly five times greater than the largest U.S. oil company. Saudi Aramco maintains a maximum sustained crude production capacity of 10 million bpd, underscoring its determination to meet customers' requirements.