Saudi Aramco
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Saudi Aramco, officially the Saudi Arabian Oil Co., is a Saudi Arabian national petroleum and natural gas company based in Dhahran. It is one of the largest companies in the world by revenue, and according to accounts seen by Bloomberg News, the most profitable company in the world.
Symbol(s)
Headquarters Address
P.O. Box 5000
Dhahran 31311
Saudi Arabia
Website
www.saudiaramco.comMain Phone Number
News
Saudi Aramco is deploying sustainable measures to develop the full potential of the massive gas reserves of the Jafurah field in…
The company received $48.1 billion in orders for the debt sale, less than half what it drew for its debut bond sale last year, a…
Saudi Aramco said on Nov. 16 it had hired banks for a multitranche U.S. dollar-denominated bond issuance, as the world’s largest oil…
Saudi Aramco earlier this month reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand…
Saudi Aramco was expected to maintain or slightly cut its December official selling prices for Asian buyers, according to a Reuters…
Activity Highlights
Saudi Arabia
Saudi Aramco received regulatory approval to develop the Al-Jafurah unconventional gas field in the Eastern Province. Al-Jafurah lies between Ghawar Field and Qatar in the ad Dahna desert. There are three conventional source rock intervals,…
Kuwait Petroleum and Aramco have decided to resume operations in the Khafji and Wafra fields in the Neutral Zone between Saudi Arabia and Kuwait. A territorial dispute halted oil production in offshore Khafji Field and onshore Wafra Field.…
Transactions
Saudi Aramco Set To Buy $69 Billion Majority Stake In SABIC
Saudi Aramco Set To Buy $69 Billion Majority Stake In SABIC
Aramco’s Motiva To Buy Port Arthur, Texas Chemical Plant
Aramco’s Motiva To Buy Port Arthur, Texas Chemical Plant
Saudi Aramco, NOV Form JV To Make Onshore Oil Rigs, Equipment
Saudi Aramco, NOV Form JV To Make Onshore Oil Rigs, Equipment
Rowan And Saudi Aramco Will Form Offshore Drilling JV
Rowan And Saudi Aramco Will Form Offshore Drilling JV
Nabors, Saudi Aramco Form JV For Onshore Drilling RigsNabors, Saudi Aramco Form JV For Onshore Drilling Rigs