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Running Head: Saudi Aramco Company
The Saudi Aramco Company
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Running Head: Saudi Aramco Company
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Introduction
Saudi Aramco is an oil company owned by the Saudi Arabia kingdom. Its operations span
around the globe as it’s one of the leading Oil production companies producing over 7.6 Million
barrel of oil in a day. Among many of its operations , the world crude oil leader owns far reaching
network of other refining as well as distribution stations all over the world with its subsidiaries in
six major countries in Asia including China, Taiwan, Korea japan India , Philippines and south
Korea. Under its strategic marketing plan each of its subsidiaries has an operational office and thus
do provide marketing as well as a portfolio supervision services and any other business support
that the company requires of its partners.
Its operations in Europe include its subsidiary office network which provide it with diverse
range of services including finance, transportation, technical as well as other supply chain
management and administrative support. It also has subsidiaries and offices located in America
which source for goods and oil services. They also offer political and economic analysis and give
their advice on storage arrangements, transportation and outbound transportation of the company’s
crude oil to the United States ( Anderson, 2014)
History of the Saudi Aramco Oil Company
The Saudi Aramco company was born in the year 1933 as a result of an agreement which
was ente...