SAMREF, the world’s largest single-train crude oil refinery, is located in Yanbu' on the Red Sea coast. The refinery processes some 400,000 barrels per day of Arabian crude oil. Approximately half of its output is consumed domestically, making SAMREF the main supplier of gasoline in the western region of the Kingdom.
SAMREF is equally-owned by Saudi Aramco and Mobil Yanbu' Refining Company Inc. (a subsidiary of ExxonMobil Corporation).
SASREF operates a 305,000-bpd refinery in the industrial city of Jubail on the Arabian Gulf. In July 1993, Saudi Aramco assumed the Saudi Arabian Government's 50 percent share of the export refining company, serving as equal partner with Shell Saudi Arabia (Refining) Ltd.
As one of the world’s largest and most technologically advanced refineries, SASREF produces petroleum products and chemical plant feedstocks primarily for sale in markets outside Saudi Arabia. It is a full-conversion refinery including Hydrocracker, Visbreaker and Thermal Gas-Oil Units that co-generate with a gas-turbine to produce 34 megawatts of electricity. SASREF’s causeway tank farm holds a substantial total capacity of 8 million barrels of finished product.
Saudi Aramco and The Dow Chemical Co. have formed Sadara Chemical Co., a joint venture that will construct, own and operate a world-scale integrated chemicals complex in Jubail Industrial City 2, in the Eastern Province.
Once complete, Sadara will represent the largest petrochemical facility ever built in one single phase.
In addition to supporting local demand, the complex’s strategic location makes it ideally suited to drive economic growth in fast-paced, emerging markets in Asia, the Middle East, Africa and Eastern Europe.
The nearby “Plaschem Park” and “Chemical Value Parks” being developed by the Royal Commission for Jubail and Yanbu' will be available to investors who want facilities close to the complex. Once operational, Sadara would contribute significantly to the country’s industrial diversification by providing additional value chains within both the joint venture and PlasChem Park and Chemical Value Parks.
The diversity of the products from Sadara will complement the existing materials available in Jubail to attract additional foreign direct investment and further contribute to the diversification of Saudi Arabia’s economic base.
Ultimately, Sadara will be instrumental in Saudi Arabia’s strategy to become not only a strategic chemicals and plastics producer but also a hub for future downstream industrialization.
The Rabigh Refining and Petrochemical Company, or Petro Rabigh, is an integrated refining and petrochemical complex located in the town of Rabigh, on the Red Sea on Saudi Arabia's west coast. Petro Rabigh is a joint venture, formed in 2005 with Sumitomo Chemical Co., Ltd., of Japan.
Petro Rabigh presents an opportunity for increased industrialization in Saudi Arabia and a platform for more diversified downstream conversion industry development in the Kingdom. The project is part of the Kingdom's strategy to attract foreign investment to expand its economy and provide increased job opportunities for Saudi nationals. It is also consistent with the objective of creating opportunities for private local investment in service and other related industries.
The Petro Rabigh complex is one of the largest integrated refining and petrochemical complexes ever built at one time. It is designed to produce a total of 2.4 million tons of petrochemical solids and liquids, along with large volumes of gasoline and other refined products.
In July 1996, the Saudi Arabian Government transferred its 70 percent ownership interest in what is now the Saudi Aramco Lubricating Oil Refining Co. (Luberef) to Saudi Aramco.
At that time, Mobil Petroleum Company Inc. (ExxonMobil) held the remaining 30 percent, but in November 2007, Jadwa Industrial Investment Company (JIIC) of Saudi Arabia reached an agreement with ExxonMobil to acquire its interest in Luberef.
The sole in-Kingdom producer of lubricating base oils, Luberef owns and operates refineries in Jiddah (Luberef I) and Yanbu' (Luberef II) with a combined operating capacity of nearly 4 million barrels of base oils per year. The four base oils it produces are used in every lubricant brand blended in Saudi Arabia, including Petromin Oils, Toyota, Castrol, Mobil, Shell, Fuchs, Caltex and Gulf.
About 60 percent of Luberef’s production is consumed locally. The balance is exported to GCC countries, Eastern Mediterranean and Red Sea countries, East & South Africa and the Indian subcontinent.
Fujian Refining and Petrochemical Company (FRPC), People's Republic of China
FRPC, a refining and petrochemicals venture, located in Quanzhou, is capable of processing 240,000 barrels per day of sour Arabian crude oil. It also includes fully integrated petrochemical facilities.
SSPC, a marketing venture, sells wholesale and retail motor gasoline, diesel and illuminating kerosene to customers in Fujian Province and the eastern part of the adjacent Guangdong Province through roughly 740 retail sites and 14 distribution terminals, seven of which are owned by the joint venture.
Motiva Enterprises is a refining and marketing joint venture that is owned equally by Shell Oil Company and Saudi Refining Inc., a Saudi Aramco subsidiary.
Formed in 1998 by Saudi Refining, Texaco and Shell, Motiva was the successor to Star Enterprise, a 50-50 joint venture between Saudi Refining and Texaco. Motiva brought together the refining strength of Star Enterprise and Shell's pre-eminent marketing base in a 26-state region encompassing the Eastern and Gulf Coast areas of the United States.
Motiva's holdings include three oil refineries in Port Arthur, Norco and Convent, having a combined capacity of 725,000 bpd. Motiva also owns about 8,900 Shell-branded and Texaco-branded gasoline stations primarily located in U.S. Gulf Coast and East Coast states, as well as ownership interest in 46 refined product storage terminals with an aggregate storage capacity of approximately 19 million barrels.
In 2004, our affiliate Aramco Overseas Company B.V. acquired a nearly 15 percent interest in Showa Shell Sekiyu K.K.
Showa Shell is one of the largest refiners in Japan, owning three oil refineries with a combined capacity of approximately 395,000 bpd (Yokkaichi Refinery, Keihin Refinery and Yamaguchi Refinery). Saudi Aramco supplies Arabian crude oil to all three facilities.
The company markets refined products through a Shell branded retail network of approximately 5,000 service stations. Petroleum products such as marine bunkers, lubricants, bitumen and LPG are also marketed. Showa Shell offers an extensive lineup of energy options, including solar energy and hydrogen fuel.
S-Oil, formerly known as SsangYong Oil Refining Co., Ltd. is a South Korean oil refining and marketing company. Saudi Aramco affiliate, Aramco Overseas Company B.V. (AOC) holds 35 percent of the common stock.
S-Oil owns and operates a refinery complex in Onsan, on the southeast coast of the Korean peninsula. This facility has a refining capacity of 580,000 barrels per day and is integrated to produce lubricants and aromatic-type petrochemicals. S-Oil markets petroleum products and petrochemicals in Korea through a nationwide distribution and marketing network that includes seven product distribution terminals and over 1,600 branded retail Service Stations. S-Oil is also a major exporter in the Asia-Pacific regional market.