Founder Profile
Standard Oil of California
Last reviewed: October 2026 · By Swet Parvadiya
Who is Standard Oil of California?
Standard Oil of California is a founder of Saudi Arabian Oil Company, which was founded in 1933 with King Abdulaziz Al Saud.
- Company founded
- Saudi Arabian Oil Company
- Founded
- 1933
- Co-founders
- King Abdulaziz Al Saud
Background
American oil company, now Chevron, that won the 1933 Saudi concession.
Founding Story
Standard Oil of California (Socal, now Chevron) won the 1933 Saudi concession through its subsidiary California Arabian Standard Oil Company (Casoc). Its geologists, led by Max Steineke, discovered commercial oil at Dammam No. 7 in 1938. Texaco, Exxon and Mobil later joined, and the venture was renamed Aramco in 1944. (Exact birth year remains publicly undisclosed).
Sources
This profile does not yet cite a source specific to Standard Oil of California. 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)