Founder Profile
King Abdulaziz Al Saud
Last reviewed: October 2026 · By Swet Parvadiya
Who is King Abdulaziz Al Saud?
King Abdulaziz Al Saud is a founder of Saudi Arabian Oil Company, which was founded in 1933 with Standard Oil of California.
- Company founded
- Saudi Arabian Oil Company
- Founded
- 1933
- Co-founders
- Standard Oil of California
Background
Founding monarch of Saudi Arabia who unified most of the Arabian Peninsula and in 1933 granted the oil concession that created the company.
Founding Story
King Abdulaziz Al Saud (Ibn Saud, 1875-1953) founded the modern Kingdom of Saudi Arabia in 1932. Seeking revenue, his government signed the May 1933 oil concession with Standard Oil of California, which led to the 1938 discovery at Dammam No. 7 and the company that became Saudi Aramco. (Exact birth year remains publicly undisclosed).
Sources
This profile does not yet cite a source specific to King Abdulaziz Al Saud. The sources below document the company company rather than the person, so check them against the claims above.
- Saudi Aramco Annual Report (Saudi Arabian Oil Company)
- Saudi Aramco FY2025 Annual Report PDF (Saudi Arabian Oil Company)