We cherish the values and the successful business practices that have made us one of the world’s leading integrated energy and chemicals companies. But we are even prouder of the opportunities we enable for others.
People around the world depend on the products we produce – crude oil, natural gas, refined products and chemicals – to help them achieve their aspirations. That’s what drives us: the knowledge that our products are the foundational materials upon which people and societies across the globe depend for economic growth and prosperity.
HE Khalid A. Al-Falih, Chairman of the Board of Directors
During 2016, the Kingdom of Saudi Arabia launched its landmark Vision 2030, an ambitious economic and social transformation program. The Vision, which aims to diversify the national economy beyond oil and build a thriving private sector, will reduce the Kingdom’s reliance on oil and consequently will enable Saudi Aramco to expand its global presence.
Though the current times pose challenges, shifting market conditions are nothing new to our industry. Over the course of time, markets favor agile and diversified companies that operate efficiently and stay true to their core values.
Making smarter choices about how we produce, use, and capitalize on such an important resource is vital to us all. We invest in new technologies that promise to deliver greater levels of operational efficiency, enhanced performance and environmental benefits. This is where Saudi Aramco operates — on the leading edge of science and creativity — helping to bring to life the ideas that make energy more beneficial and sustainable.
We invest so much in energy because we know it makes so much possible. We believe that the real value of energy is in its potential to serve the needs of human development. Doing so with the most impact requires not only the energy of our petroleum resources, but also of our people.
Every day, the people of Saudi Aramco are hard at work creating solutions to some of society’s most pressing challenges. From developing technologies that boost oil and gas recovery to helping children acquire the skills they need in the knowledge economy, the inspiration and dedication of our people shows that we remain dedicated to turning potential into opportunity, and generating more value from the Kingdom's resource base.