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ARAMCO
Saudi Aramco ( ar, أرامكو السعودية '), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company) or simply Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. , it is one of the largest companies in the world by revenue. 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. It is the single greatest contributor to global carbon emissions of any company in the world since 1965. On 11 May 2022, Saudi Aramco became the largest (most valuable) company in the world by market cap, surpassing Apple Inc. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2013 crude oil production total was , 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. Saudi Aramco operates the Ghawar Field ...
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Dhahran
Dhahran ( ar, الظهران, ''Al-Dhahran'') is a city located in the Eastern Province, Saudi Arabia. With a total population of 240,742 as of 2021, it is a major administrative center for the Saudi oil industry. Together with the nearby cities of Dammam and Khobar, Dhahran forms part of the Dammam Metropolitan Area, which is commonly known as greater Dammam and has an estimated population of 4,140,000 as of 2012. Large oil reserves were first identified in the Dhahran area in 1931, and in 1935, American company Standard Oil drilled the first commercially viable oil well. Standard Oil later established a subsidiary in Saudi Arabia called the Arabian American Oil Company (ARAMCO), now owned by the Saudi government and known as Saudi Aramco. Dhahran has been the home of Saudi Aramco's headquarters for 80 years and is its first and largest gated compound with more than 50,000 residents. Employees and dependents of Aramco, known as Aramcons, have a tendency to use Dhahran to s ...
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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- ...
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Safaniya Field
Safaniya Oil Field ( ar, حقل السفانية النفطي), operated and owned by Saudi Aramco, is the largest offshore oil field in the world. It is located about north of the company headquarters in Dhahran on the coast of the Persian Gulf, Saudi Arabia. Measuring , the field has a producing capability of more than . The oil field was discovered in 1951. It is considered the largest offshore oil field in the world. When it was first put in production in 1957, it flowed of crude oil from 18 wells. At the beginning of 1962, it had the capability to handle from 25 wells. Its reserves amount to around of oil and of natural gas. Production The main producing reservoir is the Safaniya which is a cretaceous sandstone in the Wasia formation. Most geologist believe that the Safaniya field and the neutral Zone Khafji field share the same aquifer that continues toward Kuwait's Burgan field. The Safaniya field has several separate geologic production potential at d ...
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SABIC (Saudia)
Saudi Basic Industries Corporation ( ar, الشركة السعودية للصناعات الأساسية), known as SABIC ( ar, سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. 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 ...
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Yasir Al-Rumayyan
Yasir bin Othman Al-Rumayyan ( ar, ياسر الرميان) is a Saudi businessman who is Governor of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. He also serves as the Chairman of English football club Newcastle United and the Chairman of state-owned petroleum company Saudi Aramco. Early life and education Yasir Al-Rumayyan was born in Buraidah, Al-Qassim Province in 1970 and graduated from King Faisal University in Alahsa in 1993. Career He began his career at Saudi Hollandi Bank, becoming head of international brokerage before joining the Capital Markets Authority (CMA), where he was head of securities listings. Between 2011 and 2015, Al-Rumayyan was CEO of Saudi Fransi Capital (SFC), the investment banking arm of Banque Saudi Fransi. From 2014 to 2015 he was on the board of directors of the Saudi Stock Exchange. Public Investment Fund In September 2015, Al-Rumayyan was appointed managing director of the Public Investme ...
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ...
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Kingdom Of Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Arabia, was th ...
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Eastern Province, Saudi Arabia
The Eastern Province ( ar, المنطقة الشرقية '), also known as the Eastern Region, is the easternmost of the 13 provinces of Saudi Arabia. It is the largest province by area and the third most populous after the Riyadh Province and the Mecca Province. In 2017, the population was 4,900,325. Of these, 3,140,362 were Saudi citizens and 1,759,963 were foreign nationals The province accounts for 15.05% of the entire population of Saudi Arabia and is named for its geographical location relative to the rest of the kingdom. More than a third of the population is concentrated in the Dammam metropolitan area. With an estimated population of 1.25 million as of 2019, Dammam, the capital of the province, is the sixth most populous city in the kingdom. The incumbent governor of the province is Prince Saud bin Nayef Al Saud. Other populous cities in the province include Hofuf, Mubarraz, Hafr al-Batin, Jubail and Khobar. The region is extremely popular among tourists for its beaches ...
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Petro Rabigh
Rabigh Refining & Petrochemical Company (Petro Rabigh) is a Saudi Arabia-based company which produces and markets refined hydrocarbon and petrochemicals. was founded in 2005 as a joint venture between Saudi Aramco and Japan’s Sumitomo Chemical. The company was a joint venture between and which is now publicly held. It is traded on the Saudi Stock Exchange (TADAWUL:2380). The plant is valued at about SAR 16.71 billion (25% funded by the public and the remainder equally funded by Saudi Aramco and Sumitomo Chemical) and originally produced 18.4 million tons per annum (mtpa) of petroleum-based products and 2.4 mtpa of ethylene and propylene-based derivatives. Petro Rabigh products are used in such end products as 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 p ...
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Forbes Global 2000
The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by ''Forbes'' magazine. "The Global 2000" annual ranking is assembled by ''Forbes'' using a weighted assessment of four metrics: sales, profit, assets and market value. The list has been published since 2003. 2022 list In 2022, the ten largest companies as calculated by this method were: 2021 list In 2021, the ten largest companies as calculated by this method were: 2020 list In 2020, the ten largest companies as calculated by this method were: 2019 list In 2019, the ten largest companies as calculated by this method were: 2018 list In 2018, the ten largest companies as calculated by this method were: As a group, the Forbes Global 2000 in year 2018 accounts for $39.1* trillion in sales, $3.2 trillion in profit, $189* trillion in assets and $56.8* trillion in market value. By industry sector The top-ranked companies in each industry sector are as follows. ...
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List Of Largest Companies By Revenue
This list comprises the world's largest companies by consolidated revenue, according to the ''Fortune'' Global 500 2022 rankings. American retail corporation Walmart has been the world's largest company by revenue since 2014. The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. This list is incomplete, as not all companies disclose their information to the general public. List In yellow: State-owned companies. Notes See also * List of largest companies in the United States by revenue * List of largest private non-governmental companies by revenue * Forbes Global 2000 * List of largest employers * List of public corporations by market capitalization * List of most valuable brands * List of companies by research and development spending * List of wealthiest religious organizations * Economy of the United States * List of the largest software companies * List of largest Internet companies * List of lar ...
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S-Oil
S-Oil Corporation (hangul:에쓰-오일) is a petroleum and refinery company, headquartered in Seoul, South Korea. It was established in 1976 under its original name Iran-Korea petroleum company (hangul:한이석유). 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 CEO and Representative Director is Hussain A. Al-Qahtani. 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, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped nati ... References External link ...
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