Saudi Aramco

Saudi Aramco is the state-owned energy company of Saudi Arabia and one of the largest companies by revenue in the world. With its origins in developing Saudi Arabia’s vast oil reserves, Aramco is now one of the world’s largest integrated energy and chemical companies, operating across energy value chains and across the world.

Aramco boasts a vast array of activities, which it divides into the following categories:

• Energy innovation: New energy solutions, transportation technologies, non-metallic solutions, digital transformation and global R&D
• Energy products: Oil production, gas production, chemicals, refined products and retail fuels
• Operations: Exploration, unconventional resources, power projects, ports and terminals
• Mega projects: Manifa offshore oilfield, Sadara petrochemicals facility, Shaybah oilfield and recovery plant, Wasit gas plant and Fadhili gas plant
• Commercial ecosystems: In-Kingdom Total Value Add programme, Wa’ed Ventures, Taleed and Namaat
• Customers: Provision of products such as ethane, butane, asphalt and petrol
• Suppliers: Supply chain management

Aramco is committed to the energy transition and a net-zero economy as part of its strategy to ensure long-term sustainability and energy-sector leadership. The company therefore seeks to achieve net-zero Scope 1 and Scope 2 emissions by 2050. This strategy aligns with Saudi Arabia’s goal of net zero by 2060. Beyond its climate change strategy, Aramco also has programmes in place to protect biodiversity in Saudi Arabia, conserve water, manage waste, develop human capital and promote best practices regarding workforce health and safety and human rights.