Top 10 Oil and Gas Companies in the World 2017

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5. Aramco

Based out of Dhahran, Saudi Arabia, this giant is the world’s largest producer of Oil and Gas, which has been in existence for the past 83 years, been founded in 1933.

Image: Wikimedia

It is a totally vertically integrated company which undertakes exploration, extraction, refining, distribution, shipping and marketing of all petrochemical products. It also exports crude oil to nations (for refinement at their establishments) which are deficient in energy produce.

They believe that energy is an opportunity and that no nation should lag behind in development because of unmet energy demands. They have been and are continuing to be the most reliable energy suppliers to the Kingdom and to the rest of the world with a daily production of 12.5 million barrels per day. Still not a listed company, this company operates the world’s largest onshore oil field, the Ghawar Field as well as the world’s largest offshore oil field, the Safaniya Field. But since the world oil prices slippage in 2014 which lead to a sharp economic decline in Saudi, it prompted the company to sell its stake in IPO and create jobs in non-oil industries like manufacturing, infrastructure, etc. They have their subsidiaries and affiliates located across the globe in China, Egypt, Japan, India, the Netherlands, the Republic of Korea, Singapore, the United Kingdom and the United States apart from Saudi Arabia.

Revenue billion USD: 182

Production volume (Mn Barrels/Day): 12.5

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