The Saudi Arabian
Oil Company, or
Saudi Aramco, is the world's largest
oil producing company. Set up by Royal Decree in 1988, it assumed the duties of its predecessor, the Arabian American
Oil Company (
Aramco).
Saudi Aramco has its headquarters in
Dhahran, on Saudi Arabia's east coast. The company controls almost all of the Kingdom's vast hydrocarbon enterprises.
Saudi Aramco's mission, as an integrated international
oil company, is to engage in all activities related to the
oil industry on a commercial basis and for profit.
Saudi Arabia exports more crude oil and natural gas liquids (NGL) than any other country, almost all of it through Saudi Aramco facilities on the Arabian Gulf and Red Sea coasts.
