Saudi Arabian Oil Company
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Acquisitions
1
Total Acquisitions
2020
Expanded Aramco's downstream and petrochemicals footprint.
Deepened integration into chemicals and materials.
SABIC remains central to Aramco's downstream strategy.
The growth strategy centers on maintaining low-cost oil leadership, expanding gas through projects such as Jafurah, increasing liquids-to-chemicals exposure, and deepening downstream integration.
Saudi Aramco makes money by producing and selling crude oil, condensate, natural gas, natural gas liquids, refined products, petrochemicals, base oils, and lubricants. Its upstream base supplies domestic and international customers, while downstream refining and chemicals businesses add market access and product diversification.