# Aramco

> Aramco (Saudi Arabian Oil Company) is the state-controlled energy and chemicals giant headquartered in Dhahran, Saudi Arabia. It manages the Kingdom's vast hydrocarbon reserves and produces more crude oil than any other company - upwards of 12 million barrels of oil equivalent per day - while expanding into gas, petrochemicals, refining, hydrogen and low-carbon technology. With roughly 168,000 employees and 2025 net income of about $104.7 billion, it remains one of the most profitable and valuable companies ever listed.

- **Founded:** 1933
- **Headquarters:** Dhahran, Saudi Arabia
- **Founders:** Standard Oil Company of California (SoCal) (Founding concession holder (1933)), Kingdom of Saudi Arabia (Majority owner)
- **Team size:** ~168,000 employees (company-wide); the core workforce reported around 79,000
- **Products:** Crude oil (Upstream), Natural gas & gas expansion, Refining & downstream, Petrochemicals (incl. SABIC), Aramco Digital & AI solutions
- **Notable:** World's largest crude oil producer, at roughly 12 million barrels of oil equivalent per day., 2019 IPO raised $25.6 billion - the largest initial public offering in history., Reported adjusted net income of about $104.7 billion for 2025.

## Products & services

- **Crude oil (Upstream)** — Exploration and production of crude oil, sustaining a maximum capacity around 12 million barrels of oil equivalent per day - the largest of any company.
- **Natural gas & gas expansion** — In-Kingdom gas production of roughly 11.4 billion standard cubic feet per day (2025), with a program to grow gas output substantially this decade.
- **Refining & downstream** — Wholly owned and joint-venture refineries in Saudi Arabia, Asia and North America converting crude into fuels and products.
- **Petrochemicals (incl. SABIC)** — Chemicals capacity of about 59.3 million tons per year, anchored by a 70% stake in SABIC and crude-to-chemicals technology.
- **Aramco Digital & AI solutions** — Smart fields, autonomous monitoring and digital trading platforms; AI/digital 'Technology Realized Value' reached $5.3B in 2025.
- **Lower-carbon energy** — Carbon capture and storage, blue and green hydrogen (including NEOM), and renewable power investments.

## Achievements

- World's largest crude oil producer, at roughly 12 million barrels of oil equivalent per day.
- 2019 IPO raised $25.6 billion - the largest initial public offering in history.
- Reported adjusted net income of about $104.7 billion for 2025.
- Free cash flow of $85.4 billion and operating cash flow of $136.2 billion in 2025.
- Some of the lowest oil-production costs and lowest upstream carbon intensity in the industry.
- AI, digital and advanced solutions delivered $5.3 billion of realized value in 2025 (over $11 billion cumulatively since 2023).

## Latest updates

- **2026-03** — Announced fourth-quarter and full-year 2025 results: adjusted net income about $104.7 billion, free cash flow $85.4 billion, and total shareholder distributions of $85.5 billion.
- **2026-01** — Outlined a 2026 strategy centered on AI-driven smart fields, autonomous infrastructure monitoring, advanced water recycling and digital energy-trading platforms.
- **2025-12** — Reported chemicals capacity of 59.3 million tons/year and in-Kingdom gas production of 11.4 bscfd as gas and downstream expansion continued.
- **2026-08** — Declared its Q2 2026 base dividend, up about 3.5% year-over-year.

## Links

- Website: https://aramco.com
- LinkedIn: http://www.linkedin.com/company/aramco
- Twitter/X: https://twitter.com/Aramco
- YouTube: https://www.youtube.com/aramco
- Instagram: https://www.instagram.com/aramco/
- Facebook: https://facebook.com/aramco/

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Profile page: https://yespress.io/aramco
Published by YesPress — https://yespress.io
Last updated: 2026-08-13
