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.
Can Saudi Aramco boost oil production?
Saudi Aramco has funded almost 500 studies in last five years on energy issues and collaborated with the United States Department of Energy on projects to boost oil production, such as developing more efficient gasoline, enhanced oil recovery and methods to increase the flow of oil from wells.
Who is Soya?
SOYA was established in the year 2004 to meet the growing demand in domestic and foreign market, strategically located in King Fahad Industrial Port, Yanbu. SOYA has demonstrated a capability to reach a significant clientele throughout the entire Middle East & North African region.