Saudi Aramco Review

Building on its success, Saudi Aramco has set an ambitious target of 2020 to transform itself into the world’s leading integrated energy and chemicals company SAUDI ARAMCO, the world’s biggest oil company in terms of oil reserves and production, plans to build refineries in China and Indonesia as part of a $200 billion spending programme to double refining capacity and explore for oil and natural gas during the next decade. The national oil company of...






Saudi Oil Minister Ali Al Naimi says Saudi Arabia maintains spare production capacity to meet any emergency shortage in supplies and to satisfy customer demand SAUDI ARABIA could raise its crude oil production by 2 mbpd almost immediately, Oil Minister Ali Al Naimi says while describing as “disturbing” Iranian threats that have roiled oil markets recently...






Saudi Aramco is expanding its production of natural gas to support domestic demand. To this end, the company is developing its Karan Gas Field AS SAUDI ARABIA’S industrial base expands, Saudi Aramco is sharply expanding its natural gas production to support future domestic needs for gas to generate electrical power and provide feedstock for new petrochemical projects...






Saudi Aramco is charting a course for the future under an ambitious accelerated transformation programme, says CEO KHALID AL FALIH SAUDI ARABIA wants to transform Aramco from a leading oil and gas company into a fully integrated, truly global energy and chemicals enterprise with extensive operations in the kingdom and around the globe over the next 10 to 20 years, says Aramco CEO and president Khalid Al Falih...






SAUDI ARAMCO has set in motion an ambitious plan to plant more than 1 million mangroves along the kingdom’s shores during the 2011-16 business plan period...






While responding to challenges and opportunities, Aramco’s oil output rose sharply in 2011 to an average 9.1 mbpd from an average 7.9 mbpd in 2010 THE world’s biggest crude oil exporter Saudi Arabia has signalled its commitment to a policy of tapping into its spare production capacity to compensate for output disruptions and declining supply from other major oil producers...






Saudi Aramco hopes to raise oil recovery rates in the kingdom to 70 per cent versus a global average of 50 per cent by using CO2 injection technology SAUDI ARAMCO has raised the recovery rate at its Abqaiq oil field, one of the kingdom’s oldest fields, to 68 per cent and plans to start applying a carbon dioxide (CO2) injection programme soon that will help boost oil recovery rates to 70 per cent across the kingdom, a senior oil source says...






Satorp has already started testing its planned 400,000 bpd Jubail oil refinery and the company expects the plant to be fully operational during 2013 SAUDI ARAMCO and its partner Total are studying the possibility of a second phase of their integrated petrochemical and refining project in Jubail, Saudi Aramco Total Refining and Petrochemicals Company (Satorp...






SAUDI ARABIA may raise the number of its drilling rigs to a record high above 150 next year as the state oil giant ramps up exploration for unconventional gas. Boosting natural gas output helps Saudi Arabia meets its rising domestic demand for power...






The facilities at the mega project are designed to handle non-associated gas from the Karan gas field. Gas will be processed through three trains SAUDI ARAMCO started operating its gas facilities in Khursaniyah with a total capacity of 1.8 billion cubic feet of gas daily in May this year ahead of schedule by several weeks to meet local demand...






BUILT in 2010, DesertRay is the result of pioneering work carried out by laser scientists at Saudi Aramco’s Research and Development Centre (R&DC...






The venture is one of several projects that Saudi Arabia is undertaking to boost its domestic refining WORK is under way on a new 400,000 barrel per day (bpd) day refinery at Yanbu in Saudi Arabia which is expected to be operational by September 2014...






Aramco has tried to lobby for a change in gas price, particularly as it develops non-associated gas fields, but the government has dismissed those requests SAUDI ARABIA will not be able to develop the known gas resources in the Rub Al Khali (Empty Quarter) desert until the government raises the domestic gas price, according to Saudi Aramco CEO and president Khalid Al Falih...






The deal will expand the ability of Saudi Aramco and the kingdom to meet future maritime transport needs SAUDI ARAMCO and the National Shipping Company of Saudi Arabia (Bahri) have signed a non-binding memorandum of understanding (MoU) to pursue the merger of the fleets and operations of Bahri and Vela International Marine Limited, a wholly owned subsidiary of Saudi Aramco. The proposed merger would...






The project, which will have a capacity of around 1 million metric tonnes, will add value to Aramco’s downstream portfolio to produce cleaner fuels SAUDI ARAMCO hopes to start cleaner fuels and aromatics production at its largest crude oil refinery in Ras Tanura by 2016, and help supply its new petrochemicals joint venture with Dow Chemical, a senior Aramco executive says...






AS THE world’s largest petroleum company, Saudi Aramco is always being asked about the future of oil and the role of renewable energy...






The multi-billion joint venture project is part of Saudi Aramco’s plans to become an energy firm focusing on chemicals, unconventional gas and renewables SAUDI ARAMCO and Sumitomo Chemical have decided to proceed with an expansion of their joint venture PetroRabigh complex in Rabigh, Saudi Arabia, and said they expect the project to come on stream from 2016...






SAUDI ARAMCO has been approaching European sellers for 500 parts per million (ppm) gasoil, which could come from Russian Baltics, traders say...






In a bid to keep maximum spare crude capacity, Saudi Arabia is seeking to minimise its domestic crude burning for power generation even as it sharply cut fuel oil exports as the kingdom is burning more residual fuel this year to generate power SAUDI ARAMCO in July shipped fuel oil from Rotterdam in Northwest Europe to its Red Sea port of Yanbu to meet peak domestic summer demand, taking advantage of arbitrage economics that have been favourable up until recently...






The versatile tool has the potential to change the way downhole data is acquired. Such data can help drillers more readily diagnose hole problems while drilling TO ENSURE maximum future hydrocarbon recovery from its fields, Saudi Aramco is increasing the number of laterals per well and equipping them with smart completions in their next-generation extreme reservoir contact (ERC) wells...






THE King Abdulaziz City for Science and Technology (KACST) and Saudi Aramco have inked a deal to establish a sophisticated centre for conducting nondestructive tests in the oil sector...






Saudi Aramco has agreed to become a founding member of the MIT Energy Initiative (MITEI) and also plans to create a satellite R&D centre in Cambridge SAUDI ARAMCO president and CEO Khalid A Al Falih and Massachusetts Institute of Technology (MIT) president Susan Hockfield have signed a memorandum of understanding (MoU), providing a framework that will greatly expand the research and education partnership between MIT and Saudi Aramco...






At the heart of Aramco’s operations, Ospas monitors all aspects of the oil giant’s operations and any impact on supply of products to customers is determined HOSTING visiting heads-of-state and international dignataries is no stress for the men and women who work in Saudi Aramco s Oil Supply and Planning and Scheduling Department (Ospas). It’s a walk in the park compared to their daily responsibilities...






SAUDI ARAMCO’S vice president for northern area oil operations reiterated his company’s commitment to advance artificial lift technologies with funding, facilities and experts...






Saudi Arabia as a swing producer has ensured that oil prices did not spriral out of control by monitoring and ensuring stable supply of oil to the markets SAUDI ARABIA’S role as “swing producer” and emergency cushion capable of raising its output has been an important factor in not letting prices spiral out of control, particularly when oil markets have faced significant challenges and possible disruptions as a result of the Arab uprisings, with...






SAUDI ARAMCO has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group says...






Marking a departure from the norm, the new Saudi company, Aramco Trading, is venturing into derivatives such as futures and paper trading SAUDI ARABIA, the world’s largest oil exporter, has long been a dominant force in the oil market – but has never been an oil trader...






Aramco has targeted finding at least 100 million barrels within Saudi Arabia, and drilling for oil offshore is part of that search plan SAUDI ARABIA is beginning an oil exploration push that it says is expected to turn up 100 billion barrels of new oil in existing fields in the kingdom and in unexplored regions including the Red Sea...






SINO SAUDI GAS, a joint venture between China’s Sinopec and Saudi Aramco, will delay drilling in the kingdom’s Empty Quarter as the evaluation of the well is still ongoing, an industry source familiar with the matter says...






In 2009, the Powers team broke through the billion-cell, or giga-cell threshold. That advancement is already delivering results for Saudi Aramco’s reservoir management GIGAPOWERS – a Saudi Aramco technology unveiled in 2010 – is the second generation of the company’s reservoir simulator, Powers (parallel oil, water and gas enhanced reservoir simulator...






The company announced only one oil discovery, Wedyan-1, a wildcat well located 450 km southeast of Dammam in the Empty Quarter that flowed at 2,300 bpd from the Mishrif reservoirs. It is the second oil discovery since Aramco restarted exploration SAUDI ARAMCO says its proven crude and condensate reserves dipped to their lowest level since 2004 last year as the company pushed its oil production to one of the highest levels in decades and achieved only limited exploration success...






Saudi Aramco’s new Upstream Professional Development Centre has been redesigned to combine technical depth and breadth with soft-skills instruction necessary for success at the highest levels of challenge A NEW future-oriented training complex has changed the skyline of the Dhahran Core Area, Aramco’s administrative hub. The Upstream Professional Development Centre (UPDC) opened in February 2011 at Saudi Aramco’s headquarters in Dhahran, Saudi Arabia...






The latest increment will come from the Manifa offshore heavy oil field, although there is no decision yet to produce the full 1.2 mbpd capacity from the field SAUDI ARABIA has more spare oil production capacity than is required by government directive and has no immediate plans to raise capacity beyond the current 12.5 million barrels per day (mbpd), though it could bring on new projects within three to four years should it need to maintain or raise...






The Saudi Aramco R&DC team has recently concluded a seven-month field test of a conductivity-based prototype analyser developed by them THREE high-profile Research and Development Centre (R&DC) projects and technologies represent the innovation and dedication to breakthrough science that have made Saudi Aramco’s R&DC a world-class centre of research and development...






Although Aramco has conceptual estimates of its shale gas reserves it will not start working on it until an assessment of its unconventional gas resources is complete SAUDI ARAMCO is seeking to begin producing natural gas from shale rock in the country before the end of the decade as domestic power demand climbs...






Aramco has established a Math E-Portal website with an Arabic interface, based on Saudi Arabian math curricula, to facilitate accessibility and stimulate interest SAUDI ARAMCO remains committed to supporting education programmes that focus on math, science and engineering – three critical areas for the company and the kingdom’s future...






Saudi Aramco plans to increase its focus on petrochemicals by converting refinery products into aromatics, as ethane availability in Saudi Arabia declines A NEW wave of aromatics investments is under discussion in Saudi Arabia. As part of a move further into petrochemicals, state-owned Saudi Aramco is building refineries with downstream aromatics production, as well as exploring ways to add aromatics at its existing refineries...






The Motiva refinery’s older 275,000-bpd crude unit is operating normally as were all seven of its other expansion units, though some were running at reduced rates SAUDI ARABIA’S unexpected surge in oil exports to the US this year has fallen into question following a deepening crisis at the kingdom’s jointly owned and newly expanded Texas refinery. With the huge 325,000 barrel per day (bpd) crude oil unit at Motiva’s Port Arthur, Texas, refinery now expected...






The province had not been seen as a potential hydrocarbon hub offshore, but began to be recognised as Egypt made big discoveries on its eastern coast SAUDI ARABIA, which has one-fifth of the world’s proven oil reserves and maintains the world’s largest oil production of over 9.9 million barrels a day, may proceed with further underwater oil-drilling in the Western Province if seismic data supports the plan...






The technology can produce lower-cost heavy fuel oil, made when high-sulphur tarry residue left after the distillation of crude is blended with low-sulphur diesel SAUDI ARAMCO has approved the use of technology from Quadrise Fuels, a British fuel technology firm, in its refineries under a partnership deal it struck with Saudi-based company Rafid Group...






Saudi Aramco has in the past managed crises which were equally, if not more dangerous, such as the foiled terror attack on Abqaiq refinery in 2006 SAUDI ARAMCO has resumed operating its main internal computer networks after a virus infected about 30,000 of its workstations in mid-August, the company says...






The goal of the Saudi Aramco EMS is to foster continuous environmental improvement all over THE Environmental Protection Department (EPD) of Saudi Aramco has introduced the Environmental Management System (EMS) for implementation at the company’s operating facilities...






At the core of Saudi Aramco is a corporate culture of life-long learning. Throughout its history, Aramco has been developing world-class learning programmes to equip its employees with the knowledge and skills they need to succeed FROM the very beginning, Saudi Aramco has supported the development and transfer of knowledge within the company and within the kingdom...






Saudi Aramco is sharply focused on developing high-achieving employees as Asia experts WITH nearly 4 billion people, almost 60 per cent of the world’s population, Asia consumes 31 percent of global oil demand, and that figure is rising...






Aramco has used a technology developed in-house to purify amine used in natural gas plants TESTING of an amine-regeneration technology at two natural gas processing plants owned and operated by Saudi Aramco revealed an improvement in amine performance and quality...






The Aramco initiative will help teach young people the principles of science, math and engineering HIGHLIGHTING the need for change in the way the kingdom approaches education, Khalid A Al Falih, president and CEO of Saudi Aramco, has announced the company’s launching of a youth enrichment programme that will see 2 million young Saudis receive critical training by 2020...






Innovative prefab structures boast speed of erection, large spans and energy efficiency SPRUNG Instant Structures located in Manama, Bahrain, is a member of the Sprung Group of Companies which has been in business since 1887 and has achieved international recognition by providing shelter solutions for thousands of different applications in over 90 countries throughout the world...






OFFSHORE Solutions BV (OSBV), the joint venture between AMEC and Cofely Nederland NV, is holding the third in a series of Marine Access Seminars in Doha, Qatar on September 26...






Company offers complete water and waste water management solutions meeting global standards AES Arabia, a total water and waste water management and solutions provider, is in the process of implementing an aggressive expansion plan for its business in the Mena region...






The Saudi-based specialised engineering and contracting company has built its reputation by specialisation and operating within a highly structured vertically integrated organisation with attention to detail that covers all aspects of its activities UNITED Maintenance & Contracting Company (Unimac) is a specialised engineering and contracting company established in Riyadh in the 1970s, focusing exclusively on the design, construction and maintenance of infrastructure...






The electrical and mechanical solutions provider is clocking a growth rate of 18-20 per cent annually and is now working on 65 projects, 45 of which would be completed in 2012. It is ready to start working on 15 projects within three months SAUDI Electronic Trading Company (Setra), a specialist in setting up data centre infrastructure and one of the leading solutions providers in the electrical and mechanical sectors, has been involved recently in several major projects in the kingdom such as the Princess Nora bint Abdul Rahman...






CTS Middle East, which specialises in products used for aboveground storage tanks, has been selected by Saudi Aramco as the supplier of choice for the design, manufacture and installation of gauge pole socks on Aramco storage tanks...






Bahrain-based Ahmed Mansoor Al-A’ali is forging strategic tie-ups to ensure that it participates in many of the large-scale projects in the Eastern Province of Saudi Arabia, Bahrain, Qatar and the wider region, says ALAN GAIR, general director of AMA-SMD ESTABLISHED in 1954, Ahmed Mansoor Al-A’ali (AMA Group) is today one of the largest and most reputed conglomerates in Bahrain active in trading, manufacturing, contracting and real estate business...






AceCad’s StruM.I.S is a steel fabrication management software which harnesses work processes for engineering and fabrication companies who are looking to implement a system to manage their businesses more effectively EPC contractors, main contractors and steel fabricators from across the Middle East region, particularly in Saudi Arabia, the UAE and Egypt are increasingly turning to the StruM.I.S fabrication and information management system from AceCad Software to manage their steelwork fabrication projects...






CPS-Arabia has gained wide acceptance in the Saudi market and counts leading organisations such as Saudi Electricity Company (SEC), Saudi Aramco and Saudi Basic Industries Corporation (Sabic) among its prestigious clients CENTRAL Plant Services Company (CPS-Arabia) is focusing on raising the level of professionalism in the lifting equipment sector in the Gulf region...






AKHC has grown and diversified over the years and is planning to embark on new ventures for the manufacture of valves and flanges as well as fibreglass reinforced plastic and cable management systems AL ABDULKARIM Holding Company (AKHC) is one of Saudi Arabia’s leading suppliers and stockists of electrical, electromechanical, telecommunication, instrumentation and oilfield components and equipment...






The company is a leading car rental and transportation solutions provider in Saudi Arabia, with over 40 branches and rental stations covering main airports and cities FOUNDED in 1946 by Warren Avis, Avis was the first company to rent cars from airport locations and it grew rapidly during the 1950s. In 1963, Avis introduced the award winning “We Try Harder” campaign and this slogan remains the company’s rallying cry...






Energy division at the pioneering legal firm offers expert advice on issues related to electricity and water, project development and finance, construction, engineering contracts, environment and other regulations THE rapid growth of Saudi Arabia’s economy and the diverse activities carried out by both the government and the private sector have necessitated the establishment of specialised competent legal firms in Saudi Arabia...






The company employs nearly 10,000 engineering specialists in 200 offices in 19 countries. A high level of specialist knowledge is a necessity for Ramboll to remain a leading independent engineering consultancy in the international oil and gas market INNOVATIVE thinking is a must to become a successful engineering consultancy in today’s oil and gas market. The tough and ever-changing market requires a high level of expertise and updated specialist knowledge in all relevant fields. To Ramboll, this means that sharing knowledge and resources...






The firm has introduced SmartPlant Enterprise for Owner Operators (SPO), which offers preconfigured work processes and supports plant owner operators in delivering capital projects and achieving predictable production at the lowest cost THROUGHOUT the years, many leading owner operators have chosen Intergraph’s industry-leading SmartPlant Enterprise integrated suite of tools to manage their dynamic engineering design basis. Building on this success, Intergraph has introduced SmartPlant Enterprise for Owner Operators (SPO), offering...






The Shell Eco-Marathon, which started as a small contest among Shell scientists to see who can travel furthest on a single litre of fuel, has grown into a global competition that encourages students to design, build and race ultra fuel-efficient vehicles A TOTAL of 119 student teams from all over Asia and the Middle East came together at the Sepang International F1 Circuit in Kuala Lumpur, Malaysia, from July 4 to 7 to compete in Shell Eco-Marathon Asia 2012 – an event that challenges young minds to see who can design and build the region’s most...






Founded primarily to provide offshore support vessels to Saudi Aramco in 1977, Zamil Offshore Services today is the oldest and largest provider of integrated offshore support services to oil and gas offshore companies in the Middle East ZAMIL Offshore Services was founded by the Zamil Group in 1977 with the prime objective of providing offshore support vessels to Saudi Aramco...






One of the leading design and engineering consultancy firms in the region, Dar has witnessed over 100 per cent growth in the last year and has a pipeline of contracts worth $500 million this year ADIB Al-Zamil & Khalid Al-Fouzan Company (Dar Consulting Engineers), a leading Saudi design and engineering consultancy firm, says it currently has contracts worth around $500 million this year and sees business booming as new petrochemical projects come online...






The 100,000-tonne per annum plant, being constructed by EPC firm eTEC E&C under Sipchem’s phase III expansion programme in Jubail Industrial City will be the first of its kind in the region KOREA’S leading engineering, procurement and construction (EPC) contractor eTEC Engineering and Construction (eTEC E&C) has started construction work on Saudi International Petrochemical Company’s (Sipchem) ethyl acetate and butyl acetate plant and port facility project in Jubail Industrial City...






A key manufacturer of structural steel, pressure vessels, storage tanks and pipe spools, the firm plans to launch new products and expand across the GCC GEYAD for Commerce & Import Company (Geyad), a leading Saudi Arabian manufacturer of structural steel, pressure vessels, storage tanks and pipe spools, is exploring the possibility of launching more products in static equipment...






With mega projects like Sadara spurring industry demand in the kingdom, a leading Saudi Arabian welding electrodes factory hopes to do booming business over the coming year RIDING high on a buoyant oil and gas industry, Zulfi Welding Electrodes Factory (ZWEF), one of Saudi Arabia’s leading welding electrodes manufacturers, says it has seen its sales soar this year...






HVAC leader continually pushes the envelope to create energy efficient, environmentally responsible products for both commercial and residential applications in all parts of the world WHAT started as an invention to control humidity in a US printing plant in 1902 has forever changed the way people in Saudi Arabia and around the world live, work and play. July marked the 110th anniversary of the invention of modern air conditioning by Dr Willis H Carrier, inventor and founder of...






Engineering solutions and speciality products provider helps customers conserve energy and operate efficiently through a range of product / service solutions which reduce CO2 emissions RADIAN Oil and Gas (Radian O&G) services started operations in 2010, led by a strong team with years of experience in the Middle East market in sales of top level engineering products and consulting...






With the new launch, Proceq builds on the successful metal hardness testers Equotip 3, Equotip Piccolo 2 and Equotip Bambino 2 PROCEQ – the inventor of Leeb rebound hardness testing – has applied its many years of experience to produce a new instrument with unique features, allowing convenient hardness testing for a large variety of metal pieces on site...






The company, which has a proven track record of reliability in oil and gas applications with installations in the desert, on offshore platforms and in other harsh environments, has developed dedicated networking solutions for the sector OIL and gas installations have specific networking requirements. To fully support these demanding applications, OTN Systems offers dedicated networking solutions with an extremely high level of reliability and security...






The joint venture company between the Saudi-based Olayan Group and the UK-based Weir Group has more than doubled its size and now operates from two adjacent sites WEIR Arabian Metals Company (Amco Weir) is an engineering and general machining subsidiary of the Saudi-based Olayan Group and UK-based Weir Group. The joint venture company is a key service provider to the oil field industry...






The leading manufacturer of mineral and chemicals says its main challenge is to manage the demanding supply schedule and fluctuations IN keeping with the current trend of creating higher value and more diverse products in the oil and gas sector, Delmon has started the local production of Frac sand and proppant as a product for the fracking of shale gas, the current market direction for producing gas in the world...






The division has helped broaden Asry’s scope from a ship-specific operation to a maritime industry repair complex, prompting greater investment in its operation, including an extension to its premises to reflect its importance in the yard’s future ASRY Offshore Services (AOS) division was initially created through a strategic initiative to bring the region-leading yard’s reputed global standards to the rig repair segment. However, it has now spearheaded the broadening of Asry’s once ship-specific operation into a wider maritime industry...






The group sees great opportunity for delivering a range of specialist services and has concentrated on building competencies in selected sectors AL NAJIM Saudi International Company, also known locally as Nasico, is well poised to expand its activities in all its major areas of operations in the coming years...






Al Qahtani Maritime (AQM), one of the leading Saudi companies providing oil, gas and water drilling equipment and services, plans to focus on future growth by introducing new products and services through acquisitions and joint ventures AL QAHTANI Maritime (AQM), one of the leading Saudi companies providing oil, gas and water drilling equipment and services, says it is all set to uphold its lead in the upstream arena by continuing to focus on technology and innovation...






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