Our presence in Korea
We, Aramco Korea, are a growing force in the Korean energy services market and provide a wide range of supporting services for the benefit of both Saudi Aramco and its Korean partners.
We are an affiliate of the Saudi Arabian Oil Company (Saudi Aramco), the world's largest petroleum and chemicals enterprise.
Our success lies at the intersection of providing a suite of reliable services for Saudi Aramco that will serve as a bridge for Korean business communities to explore potential business and collaboration opportunities with Saudi Aramco.
Our company's values drive us to make a difference in communities here in Korea as a responsible corporate citizen.
Where we're going
We are explorers at heart with a clear mission to facilitate sustainable and mutual growth for Saudi Aramco and its Korean partners. To achieve the mission in Korea, one of the fastest growing regions of Asia, we are working towards excellence, applying our expertise, seizing new opportunities and promoting corporate responsibility.
As a communicator bridging the relationship between Saudi Aramco and stakeholders in Korea, we provide quality services for our partners, customers, industry professionals, and suppliers with long-term commitment to enriching and growing the relationship with all of them.
We identify and enhance partnerships in areas including eco-friendly energy technology, downstream, non-metallic, renewable energy and ventures for investment. All of our efforts and services are tailored towards achieving mutual success for Saudi Aramco and its partners in Korea.
We are ready to explore exciting new opportunities with our partners.
We strive to
- Strengthen the relationship between Saudi Aramco and its Korean partners and customers
- Search for new technologies, new business opportunities and provide support to SA organizations
- Establish a strong existence for Saudi Aramco in Korea
- Capitalize on Korea's EPC (Engineering, Procurement, and Construction), construction and manufacturing competitiveness to achieve Saudi Aramco's strategic sourcing objectives
Our team
Marketing Services Coordination
Marketing Services Coordination supports Saudi Aramco's interactions with crude oil, LPG, LNG, refined products and petrochemical products business partners in Korea.
Business Origination & Technology
Business Origination & Technology explores new business opportunities and strategic partnerships between Saudi Aramco and its Korean partners.
Strategic Sourcing and Supplier Relationship Management
Strategic Sourcing and Supplier Relationship Management manages the relationship with suppliers in Korea including manufacturers, vendors, and contractors such as EPC (Engineering, Procurement, and Construction) and construction companies. For supplier registration, Aramco Korea's Strategic Sourcing and Supplier Relationship Management has the responsibility of managing Korean suppliers. Korean companies seeking to do business with Saudi Aramco must communicate with Aramco Korea's Strategic Sourcing and Supplier Relationship Management, the appropriate Saudi Aramco affiliated company located in their geographical area of responsibility.
Supporting iktva (The in-Kingdom Total Value Add) Program in line with Saudi Vision 2030 and Saudi Aramco's diverse ongoing and future businesses especially with major Korean conglomerates are also among our key missions.
Quality Management
By sourcing the right people, technologies and materials, Quality Management enables the efficient completion of highly complex and ambitious gas and oil programs, both upstream and downstream. That, together with our integrated quality management procedures, ensures the projects we complete are world class.
Our team plays a major role in ensuring our processes and the final product meet the expectations and demands of our customers. We support Saudi Aramco corporate strategy by promoting a culture of quality and value creation; attract, grow and retain quality professionals; improve and maintain the provision of cost-effective quality management services including risk management, lead inspection, engineering technology identification, and benchmarking innovation in the Asian region.
Engineering Services
Engineering Services endeavors to identify and transfer the latest technologies to Saudi Aramco, and establish collaboration with Asian technology providers having cutting-edge technologies and disruptive solutions to address corporate technical challenges, improve the reliability and longevity of assets and provide increased economic benefits.
We team up with Strategic Sourcing and Supplier Relationship Management to qualify new manufacturers in Asia meeting the mandatory requirements of Saudi Aramco's engineering standards. We also plan to expand the scope of our involvement with Saudi Aramco's projects and its joint ventures to provide technical services.
Korea Portfolio Management Department
We coordinate and support the business activities of Saudi Aramco with its joint ventures for its shareholders including performance analysis and assessment, advisory services and consultations on investments, technical support, talent development and through exchanges of best practices.
Industrial Relations
We believe our long-term success lies at the heart of our mutually beneficial relationship with our stakeholders in Korea. To build a sustainable and trustworthy relationship with a wide range of stakeholders as the face and voice of Aramco Korea, we actively engage with our stakeholders to better understand society's expectations of us.
Industrial Relations works to enhance Saudi Aramco's global standing as a global integrated energy and chemicals company and a reliable energy provider to Korea via diverse communication platforms.
As we believe in the power of energy to transform and lift communities, advance human progress and sustain our planet, Industrial Relations plans and implements optimal and tailored citizenship programs to ensure our status as a good corporate citizen making a difference in communities where we operate.
Finance
Finance supports Aramco Korea's growing business through accounting and tax filings as well as treasury services and intercompany transactions. We are also responsible for financial reporting, planning and controlling to help management make better decisions on operations in compliance with company policies.
Our history
Over the past 90 plus years, our parent company, Saudi Aramco, has grown to become the world's largest integrated oil and gas company.
During the course of its history, Saudi Aramco has served as a foundation for longstanding commercial and industrial ties with Korean partners doing business in Saudi Arabia. Korea and Korean companies have played an important role in the development and growth of Saudi Arabia and Saudi Aramco in turn.
Considering the importance of Korea, it is natural that Saudi Aramco stands by Korea and our Korean partners as a reliable source of energy to fuel their growth. Since the company was founded in 2012, Aramco Korea has remained dedicated to solidifying the relationship further and to signifying Saudi Aramco's global importance in Korea.
