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Aramco
AddedFeb 13, 2024
UpdatedJul 2, 2026
Aramco

Aramco

Public

Aramco is Saudi Arabia's state-owned national oil and gas company headquartered in Dhahran.

HQ
Dhahran, Eastern Province, SA
Founded
1933
Overview
M & A
Subsidiaries
Analysis
Compare
Fundraising
Employees
News

Aramco, legally the Saudi Arabian Oil Company, is the national oil and gas producer of Saudi Arabia, with headquarters in Dhahran and listings on the Tadawul exchange under ticker 2222. The company operates upstream exploration and production alongside downstream refining and chemicals, and holds the largest proven crude oil reserves in the world.

Founded in 1933 and majority owned by the Saudi government and Public Investment Fund, Aramco produces over twelve million barrels of oil equivalent per day. Its portfolio includes the Master Gas System, a seventy percent stake in SABIC, and refining ventures across Asia, Europe, and North America.

Aramco - M & A Snapshot

Open M & A

  • Sabic

    Acquired by Aramco • $69.1B • Jun 17, 2020

Aramco - Products & Services

  • Crude Oil logo

    Crude Oil

    Aramco's Crude Oil line comprises five Arabian crude grades produced from Saudi fields for global refiners.

    Competing Products

    ExxonMobil logo
    BP logo
  • Chemicals logo

    Chemicals

    Aramco's Chemicals line produces aromatics, olefins, polyolefins, and specialty chemicals for industrial customers.

    Competing Products

    BASF logo
    ExxonMobil logo
  • Retail Fuels logo

    Retail Fuels

    Aramco's branded retail fuels span gasoline, diesel, and kerosene sold through its service-station network.

    Competing Products

    BP logo
    ExxonMobil logo
    Shell logo

Aramco - Similar Companies

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Aramco Ventures logo

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ExxonMobil logo

ExxonMobil

BP logo

BP

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Shell logo

Shell

Chevron logo

Chevron

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Oxy logo

Oxy

oxy.com

Suncor Energy logo

Suncor Energy

suncor.com

Marathon Oil logo

Marathon Oil

marathonoil.com

Imperial Oil logo

Imperial Oil

imperialoil.ca

Petrobras logo

Petrobras

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Ecopetrol logo

Ecopetrol

ecopetrol.com.co

PetroChina logo

PetroChina

Sabic logo

Sabic

sabic.com

Repsol logo

Repsol

repsol.com

Total logo

Total

totalenergies.com

Hess Corporation logo

Hess Corporation

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Aramco - Quick Facts

Who are Aramco's competitors?

Companies similar to Aramco include ExxonMobil, BP, Shell and Chevron.

When was Aramco founded?

Aramco was founded in 1933.

Where is Aramco's headquarters located?

Aramco's headquarters is located in Dhahran, Eastern Province, SA.

When was Aramco's last funding round?

Aramco's most recent funding round was for $12.4B (USD) in April 2021.

How much has Aramco raised to-date?

As of Apr 9, 2021, Aramco has raised a total of $12.4B (USD).

How many employees does Aramco have?

Aramco has 75,000 employees as of Dec 31, 2024.

Aramco - Classification

Industry
  • Oil Companies
Ownership
  • Government
Technology
  • Pipelines
Geographic Exposure
  • Global
Model
  • Manufacturer
Revenue
  • Transactional
Customer
  • Enterprise
Tags
  • Distribution
  • Software
NAICS
  • 210000Mining, Quarrying, and Oil and Gas Extraction
  • 211000Oil and Gas Extraction
  • 211100Oil and Gas Extraction
  • 211120Crude Petroleum Extraction
SIC
  • 1300Oil And Gas Extraction
  • 1310Crude Petroleum And Natural Gas
  • 1311Crude Petroleum And Natural Gas
Show 15 more industry codes
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221200Natural Gas Distribution
  • 221210Natural Gas Distribution
  • 440000Retail Trade
  • 457000Gasoline Stations and Fuel Dealers
  • 457100Gasoline Stations
  • 457120Other Gasoline Stations
  • 450000Retail Trade
SIC
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services
  • 5500Automotive Dealers And Gasoline Service Stations
  • 5540Gasoline Service Stations
  • 5541Gasoline Service Stations
  • 5900Miscellaneous Retail