Oil & Gas News
The foundation for our company’s success lies deep underground, with the Kingdom’s extensive oil and gas reserves. Given our immense size, the care of these reserves is vital to the world’s energy future. Saudi Armco’s reservoir management practices are designed to maximize recovery from its fields, ensuring that petroleum resources will be available to the world for many decades to come.
The company operates an extensive system of crude oil producing and processing facilities, which supply normal customer demand while maintaining 1.5 million to 2 million barrels per day of valuable spare capacity to meet unexpected international demands.
Latest 5 articles
Al-Falih Stresses Interdependence in WEF Remarks
03rd February 2010-DAVOS, Switzerland, February 03, 2010 - “The concern of peak oil is behind us,” Saudi Aramco’s president and CEO Khalid A. Al-Falih told delegates at this year’s World Economic Forum in Davos, Switzerland.
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Laser Invention Is Used to Fingerprint Oil
03rd February 2010-Occasionally scientists develop an invention that turns out to have far more applications than originally thought.
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Brainstorming on Solar Energy
27th January 2010-The world’s biggest energy provider and the world’s newest research university are collaborating on the future of energy.
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Vela Celebrates 25th Anniversary
26th January 2010-Vela International Marine Ltd. recently celebrated 25 years of operation at a gala dinner in Dubai. “What sets this organization apart from its peers.
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Saudi Aramco Unveils GigaPOWERSTM
25th January 2010-The Saudi Aramco EXPEC Advanced Research Center (EXPEC ARC) debuted its giga-cell reservoir simulation technology, GigaPOWERS™.
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