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Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Company or simply Aramco (formerly Arabian-American Oil Company), is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.
Dhahran is unusual in that a large portion of it is made up of gated areas including Saudi Aramco's headquarters and residential camp, the King Fahd University of Petroleum and Minerals (built by Aramco) and the King Abdulaziz Air Base. Dhahran is also home to the Mall of Dhahran, one of the biggest shopping complexes in the Eastern Province.
Headquarters Revenue (billions US$) Profit (billions US$) Assets (billions US$) Value (billions US$) Industry 5 Saudi Aramco: Dhahran 329.8 88.2 398.3 1,900 Oil and gas: 212 Saudi Basic Industries: Riyadh 37.3 1.5 83.4 59.8 Chemicals: 315 Saudi Telecom Company: Riyadh 14.6 2.9 32.1 48.3 Telecommunications: 396 Saudi National Bank: Riyadh 6.8 3. ...
The Dhahran camp (Aramco code: DH) is one of three original expatriate oil company compounds or "districts" in the east of the country, along with the camps in Ras Tanura (refinery and port), and Abqaiq (also Buqayq). Later, other Saudi Aramco compounds were built, such as Udhailiyah and Tanajib. More recently, the company established housing ...
Saudi Aramco is establishing a domestic fuel retailing subsidiary as part of the national oil company's drive to expand beyond crude oil production into downstream businesses. The new firm, Saudi ...
Saudi Aramco, the national oil company of Saudi Arabia, owns and operate the airport providing logistic support to the remote oil complex.Using Boeing 737 and Dash 8 aircraft, the company operates scheduled flights to Dammam for the headquarters in Dhahran.
Aramco initially raised a $25.6 billion, which was itself a record level, in its December IPO by selling 3 billion shares at 32 riyals ($8.53) a share. Aramco shares were flat at 35 riyals shortly ...
Saudi Aramco's digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value the U.S. telecommunications software maker at about $3 billion, people ...