Related to Financial Performance
DHAHRAN, Saudi Arabia, March 15, 2020
The Saudi Arabian Oil Company today announced its full-year 2019 financial results.
DHAHRAN, Saudi Arabia, February 22, 2020
Jafurah is the largest unconventional non-associated gas field in the Kingdom, with a length of 170 km and a width of 100 km.
DHAHRAN, Saudi Arabia and THE HAGUE, The Netherlands, September 18, 2019
Saudi Arabian Oil Company (Saudi Aramco) has completed the acquisition of Shell Saudi Arabia Refining Limited’s (Shell) 50% interest of the SASREF joint venture in Jubail Industrial City, in the Kingdom of Saudi Arabia, for $631 million.
DHAHRAN, Saudi Arabia, August 12, 2019
Saudi Aramco today announced for the first time its half-year financial results. The Company’s net income was $46.9 billion for the first half 2019, compared to $53.0 billion for the same period last year. Earnings before interest and tax was $92.5 billion, compared with $101.3 billion a year earlier.
DHAHRAN, Saudi Arabia, July 09, 2019
34 contracts awarded, boosting fields’ production capacity by 550,000 barrels per day of Arabian Crude Oil and 2.5 billion standard cubic feet a day of gas.
SEOUL, June 26, 2019
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets.
DHAHRAN, Saudi Arabia, April 21, 2019
The acquisition supports Saudi Aramco’s plan to increase the complexity and capacity of its refineries, as part of its long-term Downstream growth strategy.
DHAHRAN, Saudi Arabia and SEOUL, April 15, 2019
The investment supports Saudi Aramco’s broader downstream growth strategy, as well as providing long term crude oil options and offtakes as part of our trading business.
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RIYADH, Saudi Arabia, March 27, 2019
Currently, Saudi Aramco and SABIC have petrochemicals production capacity of 17 and 62 million tons per annum respectively.
AMSTERDAM, Netherlands, December 31, 2018
Saudi Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced today the completion of Saudi Aramco’s acquisition of LANXESS‘s interest in ARLANXEO Holding B.V.
RIYADH, Saudi Arabia, October 23, 2018
Agreements and commercial collaborations cover several sectors across energy industry, will further promote localization and diversification of the Saudi economy