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November 28, 2015 3:43 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Saudi Arabian Oil Company

Company Overview

Saudi Arabian Oil Company offers hydrocarbon exploration, production, refining, distribution, shipping, and marketing services. Additionally, it exports crude oil and natural gas liquids (NGLs). The company also provides oil recovery, gas development, solar power generation, and natural gas recovery services. Saudi Arabian Oil Company was formerly known as Arabian American Oil Company and changed its name to Saudi Arabian Oil Company in November 1988. The company was founded in 1933 and is based in Dhahran, Saudi Arabia.

North Park 3

Building 3302

Dhahran,  31311

Saudi Arabia

Founded in 1933


966 13 872 0115


966 13 873 8190

Key Executives for Saudi Arabian Oil Company

Chief Executive Officer, President and Director
Senior Vice President of Finance, Strategy and Development
Senior Vice President and Director
Senior Vice President of Technical Services
Age: 55
Senior Vice President of Downstream Operations
Compensation as of Fiscal Year 2015.

Saudi Arabian Oil Company Key Developments

PT. Pertamina (Persero) to Form Joint Venture with Saudi Aramco

PT. Pertamina (Persero) has agreed to form a joint venture with Saudi Aramco to work on the revitalization of the Cilacap Oil refinery.

Saudi Aramco Appoints Mohammed Al-Qahtani as Acting Senior Vice President for Upstream Operations

Saudi Aramco has appointed Mohammed Al-Qahtani as acting senior vice president for upstream operations until the end of December 2015. The company confirmed its decision in its Twitter account. Al-Qahtani replaces Amin Nasser who was appointed CEO and president of the company September 2015. Al-Qahtani has held various positions at the state oil giant including those with responsibility for petroleum engineering; his last post was vice president for corporate planning.

PetroChina Reportedly Seeks To Sell Assets To Saudi Aramco

PetroChina Co. Ltd. (SEHK:857) has reported that it may sell refining and retail assets to Saudi Arabian Oil Company

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SATORP, Saudi Aramco Total Refining and Petrochemical Co. Middle East/Africa
PetroSaudi International Ltd. Middle East/Africa

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