DHAHRAN, Saudi Arabia, March 15, 2020
The Saudi Arabian Oil Company today announced its full-year 2019 financial results.
RIYADH, Saudi Arabia, February 25, 2020
CTO highlights Saudi Aramco R&D efforts to reduce carbon capture cost and create viable utilization applications
KHOBAR, Saudi Arabia, February 24, 2020
56% of Saudi Aramco’s procurement spent in-Kingdom in 2019 compared to 35% in 2015
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.
RIYADH, Saudi Arabia, February 04, 2020
Amin Nasser urges greater efforts to enhance regional cybersecurity collaboration and international cyber-deterrence.
DHAHRAN, Saudi Arabia, December 17, 2019
Completion of acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately US$1.2 Billion.
DHAHRAN, Saudi Arabia, November 06, 2019
Saudi Aramco announced today that it is joining the World Bank Initiative: ‘Zero Routine Flaring by 2030’. Saudi Aramco has a strong focus on flaring reduction, which remained at less than 1% of its total raw gas production in the first half of 2019.
SEOUL, October 29, 2019
Aramco Asia Korea Ltd. (Aramco Korea) today presented a donation to the Coalition for Our Common Future (COCF) for its Climate Scouts program, which is designed to raise the young generation’s awareness on climate change as part of its corporate citizenship initiative.
SEOUL, September 26, 2019
Aramco Asia Korea Ltd. (Aramco Korea), an affiliate of Saudi Aramco, today extended its partnership with Community Chest of Korea (CCK) for the fifth year by offering merit-based scholarships for university students with disabilities who are majoring in science, engineering, and technology.
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.
SEOUL, September 06, 2019
KOTRA Express talks to Fahad A. Al-Sahali, Representative Director of Aramco Asia Korea Limited, to hear more about Korea’s oil industry and his experience doing business here.
SEOUL, August 27, 2019
Aramco Asia Korea Ltd. (Aramco Korea), an affiliate of Saudi Aramco, presented its third donation to the Seoul Metropolitan Government today, to support the construction of the Solar Playground, as part of its corporate citizenship initiative for the local communities where it operates.
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.
SEOUL, August 02, 2019
Aramco Asia Korea Ltd. (Aramco Korea), a fully owned subsidiary of Saudi Aramco, presented a donation to the Korea Energy Foundation today, to support the installation of five solar-powered Aramco Hope Trees, as part of the corporate citizenship endeavor for the benefit of local communities where it operates.
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.
DHAHRAN, Saudi Arabia, July 01, 2019
Agreement aligned with company’s strategy to play a leading role in accelerating the deployment of the nonmetallic materials business globally, producing non-metallic materials in the Kingdom would unlock opportunities for local manufacturers and facilitate knowledge transfer.
SEOUL, June 26, 2019
Relationship between Saudi Aramco and S-Oil grows stronger with the inauguration of the new complex in South Korea.
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, June 18, 2019
Hydrogen fueling station is the first step in developing oil-based hydrogen transport within the Kingdom.
FUJAIRAH, United Arab Emirates, June 16, 2019
Aramco Trading Co., which expects to see its oil trading volume rise to 6 million barrels per day (bpd) by next year, has opened its second international office in Fujairah.
SEOUL, June 10, 2019
Aramco Asia Korea Ltd. (Aramco Korea), a fully owned subsidiary of Saudi Aramco, extended helping hands to ChildFund Korea (ChildFund) today, through a donation program that educates children about health awareness and protection, as part of Aramco Korea’s commitment to corporate social responsibility (CSR).