Company Profile
Saudi Arabian Oil Company is an integrated energy and chemical company in the Kingdom of Saudi Arabia and globally. Its operations are structured into two segments, Upstream and Downstream.
The Upstream segment explores, develops, produces, and sells crude oil, condensate, natural gas, and natural gas liquids (NGLs). The Downstream segment produces various chemicals, such as aromatics, olefins, and polyolefins.
Its portfolio also includes polyols, isocyanates, and synthetic rubber, methanol, MTBE, glycols, linear alpha olefins, polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, polystyrene, polycarbonate, and engineering thermoplastics and their blends, and lubricants and base oils
Engages in the refining and petrochemicals, retail operations, distribution, supply and trading, and power generation. It also markets and distributes hydrocarbons, petroleum products; and trades crude oil, refined petroleum, and liquid chemical products. Additionally, it develops, manufactures, and markets high-performance rubber
Provides crude oil storage, investment, consulting, information technology, personnel and support, agri-nutrients, purchasing, engineering, benefits administration, oil field, insurance, pipeline transport, vendor sourcing, marketing and sales support, financing, support, and marine management and transportation services
Aircraft operations and leasing. Its portfolio also includes aviation, sports club, retail fuel marketing and operations, investment management of post-employment benefit plans, wholesale fuel operations, importing and exporting refined products and crude oil, and real estate holdings.
Additionally, it engages in prospecting, exploring, drilling, processing, manufacturing, refining, extracting, and marketing hydrocarbon substances. Founded in 1933, the company is headquartered in Dhahran, the Kingdom of Saudi Arabia.