Investor overview

Saudi Aramco

Saudi Aramco is the world’s largest integrated oil and gas company; its upstream operations are based in the Kingdom of Saudi Arabia and it also operates a global downstream business. Headquartered in the city of Dhahran, the company operates in eight locations within the Kingdom and 20 locations overseas, and employs around 76,000 people.

Full-year 2018 highlights

  • Net income: SAR 417bn ($111bn)
  • EBITDA: SAR 839bn ($224bn)
  • Return on average capital employed 41%
  • 257bn boe proved reserves1 as of December 31, 2018
  • 2018 average total hydrocarbon production of 13.6 mmboe/d, including 10.3 mmbbl/d crude production (including blended condensate)
  • Gross refining capacity of 4.9 mmbl/d and net refining capacity of 3.1 mmbbl/d as of December 31, 2018

1  Barrels of oil equivalent, represents company figures based on concession


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