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Aramco

About Aramco

Energy security for a more-sustainable world.

We are one of the world's largest integrated energy and chemicals companies, creating value across the hydrocarbon chain, and delivering societal and economic benefits to people and communities around the globe who rely on the vital energy we supply.

We are committed to playing a leading role in the Energy Transition. We have a responsibility to help the world achieve a net-zero economy, and our people are working hard to help solve the world's sustainability challenges.

For our customers, we are a supplier of choice. For our shareholders, we provide long-term value creation. For communities around the world, our ambition is to provide reliable, affordable, and more-sustainable energy.

Aramco at a glance

92 years of experience

In 2025 we mark our ninety-second year of exploration, discovery, and innovation stemming from our long-term role as caretakers of Saudi Arabia’s vast hydrocarbon resources.

75,000+ total workforce

Our high-performing employees are drawn by the challenging and rewarding professional opportunities we offer.

250.0 billion barrels of oil

Aramco manages Saudi Arabia’s hydrocarbon reserves base, enhancing production, and increasing long-term value.

Our perspective

We believe in the power of energy to transform lives, enhance communities, and advance human progress.

With the UN predicting that global population could increase by two billion over the next 55 years, even more energy will be required to meet rising demand. And while alternative energy sources are steadily making advances, they will not be capable of meeting future demand alone. Even as we transition to a low emissions global economy, hydrocarbon-based energy sources will be counted on to meet the bulk of the world’s energy demand, now and into the future.

We’re committed to driving energy efficiency and addressing the global emissions challenge. And as one of the world's largest integrated oil and gas companies, we believe we are exceptionally qualified to make effective contributions to the overall solution.

 

At Aramco, we are proactively doing our part to reliably, and ever-more-sustainably, provide the energy products that enable people to seize opportunities that can transform our world.

Where we're going

We're explorers at heart. That drive to reach the next frontier or solve the next great problem has allowed us to build one of the world’s most important energy and chemicals enterprises.

To help us achieve optimal future performance, we are focused on delivering greater value, creating additional organizational resilience, enabling continued growth, and developing future-proofing technology solutions.

Over the next decade, we expect to continue making significant investments in our Upstream operations. These strategic investments are designed to help reinforce our dominant position in oil, maintain our maximum sustainable production capacity, and allow us to carry out an exploration and production program focused on finding and developing conventional and unconventional gas resources.

Downstream, we are pursuing a strategy to grow our non-crude oil businesses and pursue tighter integration across our Upstream and Downstream operations. We see product diversification and global integration as a means to strengthen our portfolio resilience, and deliver additional revenue streams for the company.

Our 70% stake in SABIC accelerates our Downstream growth strategy and strengthens our chemicals platform, positioning us for continued growth and value creation in the petrochemicals industry, expected to be the fastest growing source of oil demand in the years ahead.

We employ a wide range of capital efficiency practices to help lower capital costs and improve productivity, supporting the financial health of our company in various operating scenarios. Focusing on our underlying cost structure helps give us the tools we need to meet our goals of greater efficiency and cost competitiveness — without compromising on safety or our commitment to responsible environmental management.

From engineering mega projects to creating industry-changing technologies to launching innovative new products, we have always had a relentless drive to succeed by enhancing the long-term, positive impacts we enable from our resources.

Our history

Driven by the curiosity to explore

Starting with just a small group of intrepid explorers, our history goes back to the early 1930s and the sands of the Saudi Arabian desert.
Learn more about our history

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Financial statements and key reports

Key documents

Annual Report 2024

March 04, 2025

.pdf

15.9MB

Full-year 2024 financial report

March 04, 2025

.pdf

1.8MB

Our 2023 Sustainability Report

June 15, 2024

.pdf

13.7MB

In this section

Our leadership

Our leaders bring a wealth of international business and engineering knowledge and experience.

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What we do Aramco

What we do?