Saudi Aramco’s Manifa oil field, with its distinctive causeway and network of drilling platforms arching gracefully into the Arabian Gulf, is now the subject of a new coffee table book. Produced and published by the company’s Public Relations Department, Manifa: where every grain of sand and every drop of water tells a story, captures in
Saudi Aramco and Saudi Arabian Basic Industries Corporation (SABIC) have signed heads of agreement to conduct a feasibility study on the development of a fully integrated crude oil-to-chemicals complex to be located in Saudi Arabia. The heads of agreement contains key principles of cooperation that will form the basis for the companies to establish a joint venture,
The Kingdom’s Vision 2030 and 2020 National Transformation Program took center stage during a visit this week to the United States by HRH Deputy Crown Prince and Minister of Defense Muhammad ibn Salman ibn ‘Abd al-’Aziz Al Saud. The Crown Prince was accompanied by senior ministers, including HE Khalid A. Al-Falih, Minister of Energy, Industry
With the spotlight on developing young talent, the Saudi Aramco EXPEC Advanced Research Center (EXPEC ARC) recently conducted a competition designed to give young researchers an opportunity to hone their presentation skills, develop ties between individuals and recognize exceptional talent while also stimulating creativity. For the ‘Grand Challenge’ competition, EXPEC ARC invited young researchers who
Saudi Aramco presented its In-Kingdom Total Value Add (IKTVA) program to more than 300 local and international suppliers attending General Electric’s Global Supplier Forum in Riyadh last week. Launched in December 2015, the IKTVA program looks to double the value of locally manufactured materials and services purchased to 70% by 2021, which will fuel an
Tanajib port is a hive of activity. Forklifts come and go and spin around the dock with precision in what looks like a well-rehearsed waltz. Ships wait in line to be restocked with supplies, from drilling equipment to mud tanks for the critical drilling operations taking place deep in Gulf waters offshore. Some of the
The year 2015 was a particularly challenging one for our industry. Strategic decisions taken the past few years, including a corporate transformation founded on capital efficiency, innovation, operational excellence, and downstream integration, have placed the company in a position of strength to face these challenges. The positive results of these strategic decisions are reflected in
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