Aramco
Also known as:Â
Saudi Aramco, Motiva (US subsidiary), S-Oil (Korea subsidiary)
As the national oil company in Saudi Arabia, Aramco has an interest in all the refining capacity in Saudi Arabia, as well as a number of international assets.
Refineries
Aramco has an ownership interest in 20 refineries around the world.
China
Fujian - 280 kbpd Fujian JV (Sinopec, ExxonMobil, Aramco)
Japan
Aichi - 160 kbpd Idemitsu (Idemitsu & Aramco)
Chiba - 190 kbpd Idemitsu (Idemitsu & Aramco)
Hokkaido - 150 kbpd Idemitsu (Idemitsu & Aramco)
Mizue - 65 kbpd Idemitsu (Idemitsu & Aramco)
Yamaguchi - 120 kbpd Idemitsu (Idemitsu & Aramco)
Yokkaichi - 255 kbpd Idemitsu (Idemitsu & Aramco)
Malaysia
RAPID - 300 kbpd Petronas & Aramco
Saudi Arabia
Jazan - 400 kbpd Aramco
PetroRabigh - 420 kbpd PetroRabigh (Aramco & Sumitomo)
Ras Tanura - 550 kbpd Aramco (100%)
Riyadh - 120 kbpd Aramco (100%)
SAMREF - 400 kbpd SAMREF (Aramco & ExxonMobil)
SASREF - 305 kbpd Aramco (100%)
SATORP - 460 kbpd SATORP (Aramco & Total)
Yanbu - 240 kbpd Aramco (100%)
YASREF - 400 kbpd YASREF (Aramco & Sinopec)
South Korea
Daesan - 520 kbpd Hyundai Oilbank (Hyundai & Aramco)
Onsan - 669 kbpd S-Oil (Aramco)
Seosan - 170 kbpd Hyundai & Lotte & Aramco
United States
Port Arthur - 640 kbpd Motiva (Aramco)
Company information
Headquarters: Saudi Aramco, P.O. Box 5000, Dhahran 31311, Saudi Arabia
Refining history
1933 - Oil concession granted to Standard Oil of California called California Arabian Standard Oil (CASOC)
1936 - Texas Company bought 50% of CASOC
1938 - CASOC had first successful oil well
1944 - Name changed to Arabian-American Oil Company (Aramco)
1947 - Ras Tanura refinery opened
1948 - Standard Oil of New Jersey acquired 30% and Socony acquires 10%
1950 - Saudi Arabian government given 50% of profits
1980 - Aramco acquired by Saudi Arabian government
1984 - SAMREF refinery commissioned by Petromin and Mobil
1986 - Petromin and Shell opened SASREF
1988 - STAR JV formed with Texaco in US
1989 - SAMAREC took over Petromin interests
1991 - Aramco acquired 31% interest in SsangYong refining in Korea
1993 - SAMAREC merged with Aramco
1994 - Aramco acquired 40% interest in Petron in the Philippines
1996 - Aramco acquired 50% interest in Motor Oil Hellas in Greece
1998 - Motiva JV formed with Shell and Texaco
2000 - SsangYong renamed S-Oil
2002 - Aramco and Shell bought out Texaco's share of Motiva
2004 - Aramco acquired 10% interest in Showa Shell in Japan
2007 - Fujian refinery JV formed with Sinopec and ExxonMobil
2009 - PetroRabigh plant opened by Aramco and Sumitomo
2013 - SATORP opened by Aramco and Total
2017 - Motiva JV dissolved with Shell keeping Convent and Norco refineries
2022 - Aramco announce plan to acquire 30% of Gdansk refinery from PKN