Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 22.02.2007
Length: 4 pages
Data source: Published sources
Share a link:
https://casecent.re/p/73945
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
A brief overview of the oil and gas industry in Saudi Arabia from the 1990s to 2000. Responsible for 99% of the Kingdom's proven crude oil reserves - roughly one-fifth of the world's total - and for about 10% of global oil production, Saudi Aramco owns domestic refineries and distribution assets, as well as one of the world's largest and newest tanker fleets. It also operates a network of marketing and refining partnerships. The company's international status - as the number 1 oil producer - is matched by its domestic importance. Hydrocarbons constitute 88% of Saudi Arabia's exports and contribute 79% to its government revenues.
Location:
Industry:
Size:
54,000 employees in 2006, revenue of 150,000 million in 2005
Other setting(s):
1990s
About
Abstract
A brief overview of the oil and gas industry in Saudi Arabia from the 1990s to 2000. Responsible for 99% of the Kingdom's proven crude oil reserves - roughly one-fifth of the world's total - and for about 10% of global oil production, Saudi Aramco owns domestic refineries and distribution assets, as well as one of the world's largest and newest tanker fleets. It also operates a network of marketing and refining partnerships. The company's international status - as the number 1 oil producer - is matched by its domestic importance. Hydrocarbons constitute 88% of Saudi Arabia's exports and contribute 79% to its government revenues.
Settings
Location:
Industry:
Size:
54,000 employees in 2006, revenue of 150,000 million in 2005
Other setting(s):
1990s