Saudi Aramco

The company known as Saudi Aramco was incorporated in 1933, initially under the name California-Arabian Standard Oil Company, and later rebranded as the Arabian American Oil Company. It has its headquarters in Dhahran, Saudi Arabia. Saudi Aramco operates principally in four business categories: Upstream, involving exploration, drilling, and production of crude oil and natural gas; Downstream, which includes refining, trading, distribution, and marketing of oil products; Chemicals, encompassing the production and marketing of petrochemical products; and Renewable Energy, focusing on initiatives in renewable energy and energy efficiency. While Saudi Aramco is the primary brand, it has a number of significant subsidiaries and joint ventures, like Motiva Enterprises, S-Oil in South Korea, and Fujian Refining & Petrochemical Company (FREP), which are integral to its business operations. The company's products and services are sold across the globe, solidifying Saudi Aramco as a major supplier of oil to continents such as Asia, Europe, and North America. (Powered by AI)