Aramco | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Aramco is a leading integrated energy and chemicals company, recognized for its significant role in oil exploration, production,...
Aramco is a leading integrated energy and chemicals company, recognized for its significant role in oil exploration, production, refining, and distribution. With a commitment to delivering an uninterrupted supply of energy globally, Aramco is also focused on advancing towards a low carbon economy. The company has the world's second-largest proven crude oil reserves and is a major player in the global energy market, providing a wide range of products including gasoline, diesel, and various chemicals.
Website
Size
10,001+ employees
Industry
Oil and Gas
Specialities
Oil Exploration, Drilling and Workover, Renewable Energy, Petroleum Engineering, Pipelines and Distribution, Refining, Project Management, Nursing, Medical and Dental, Gas Operations, Chemicals, Research & Development, Marine, Unconventional Gas, Power Systems
🛍️ Aramco Product and Pricing News →
👔 Aramco CEO, Management and Leadership Team →
⚔️ Aramco Alternatives and Competitors →
💼 Aramco Hiring and Layoffs →
🤖 Aramco Developer, Integration and Automation News →
📈 Aramco Financials, Fundraising and Valuation News →
🛍️ Aramco Product and Pricing News
- Aramco, in collaboration with HyperView, introduced a next-generation heavy-duty truck to reduce the carbon footprint of the transport sector.
- Aramco plans to expand its downstream operations in Asia, including potential acquisitions and collaborations with Chinese companies like Hengli Group and Wanhua Chemical Group.
- Aramco plans to build the world's largest oil-to-chemicals complex in Saudi Arabia to diversify its operations under the Vision 2030 initiative, according to CEO Amin H. Nasser.
- Aramco is a sponsor of the International Geomechanics Conference (IGS) 2024.
- Aramco's Jazan Refinery welding shop obtained the U-stamp certificate.
- Aramco's myCommunity digital application won the Innovation Award at the World Smart City Awards 2024, with Vice President Mohammad A. Al Sultan receiving the award.
- On November 5, 2024, Aramco President and CEO Amin Nasser emphasized the need for an affordable, secure, and sustainable energy transition at the FII8 event.
- Aramco, as the title sponsor, hosted the largest F1 in Schools World Finals in Singapore in 2023 with 68 teams from over 26 countries.
👔 Aramco CEO, Management and Leadership Team
-
Founder
[email protected] -
Vice President[email protected]
⚔️ Aramco Alternatives and Competitors
- ExxonMobil |
- Marathon Petroleum |
- Shell |
- BP |
- Chevron |
- TotalEnergies |
- Rosneft |
- Marathon Oil Corporation |
- ConocoPhillips |
- Apache Corporation |
- Phillips 66 |
- ADNOC Group |
- Esso |
- KCA Deutag |
- Oxy
💼 Aramco Hiring and Layoffs
- Aramco is currently seeking a JV Manager in China.
- Bekhaled Berrouba has joined Aramco as Deputy Technical Director in Algeria, previously holding the same position at another company.
🤖 Aramco Developer, Integration and Automation News
- Aramco and Riyadh Air signed a Memorandum of Understanding during the FII 8th Edition in Riyadh to explore collaboration in areas like low-carbon fuel supply and sustainability.
📈 Aramco Financials, Fundraising and Valuation News
- Aramco Ventures led a $21.7 million Series B funding round for Andium to support its expansion into global oil and gas markets, aligning with Aramco's sustainability goals.
- Aramco increased its investment in MidOcean Energy to acquire an additional 15% stake in Peru LNG, raising MidOcean's total interest to 35%.
- Aramco is burning cash by paying $93.2 billion in dividends year-to-date, exceeding its free cash flow of $63.7 billion, and may need to lower payouts due to financial strain.
- Aramco increased its capital spending by nearly 20% in the third quarter to advance its hydrocarbon projects and expand natural gas production.
People also viewed
- Equinor |
- ConocoPhillips |
- bp |
- Chevron |
- Shell |
- ExxonMobil |
- Revolut
