In December 2023, Saudi Aramco acquired 40% shares in Gas & Oil Pakistan for an undisclosed amount. Saudi Aramco is headquartered in Dhahran, but its operations span the globe and include exploration, production, refining, chemicals, distribution and marketing.
How much oil does Saudi Aramco produce?
Saudi Aramco operates the world’s largest single hydrocarbon network, the Master Gas System. In 2013, its crude oil production total was 3.4 billion barrels (540 million cubic metres), and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves.
What is Saudi Aramco’s Abqaiq plant?
Saudi Aramco¡¯s Abqaiq Plants facility is the company¡¯s biggest oil processing and crude stabilisation facility. With a capacity of 7 million barrels per day, the facility is the primary oil processing site for Arabian extra light and Arabian light crude oils. The Abqaiq Plants facility handles crude pumped from the Ghawar field.
Which oil fields does Saudi Aramco operate?
Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world’s largest onshore oil field) and the Safaniya Field (the world’s largest offshore oil field). On 11 December 2019, the company’s shares commenced trading on the Tadawul stock exchange.