Saudi Aramco, officially known as the Saudi Arabian Oil Group or simply Aramco, is a state-owned petroleum and natural gas company of Saudi Arabia. It is the worlds largest oil producer and the worlds most profitable company. As of 2022, it is the second largest company in the world by revenue and is headquartered in Dhahran. Aramcos operations span the globe and include exploration, production, refining, chemicals, distribution, and marketing. The company was established in 1933 and began drilling in 1938. It was originally a joint venture between the Saudi Arabian government and four American oil companies. However, in 1980, the Saudi Arabian government acquired full control of the company.

Aramco has a rich history and has achieved many milestones and achievements over the years. In 2019, the company raised $29.4 billion in an initial public offering (IPO) and a greenshoe option in 2020. The company is primarily state-owned, but it has attracted increased investor attention since the IPO. Moodys rated the company an A1 because of its credit links to the Saudi government.

In summary, Aramco is a state-owned petroleum and natural gas company of Saudi Arabia. It is the worlds largest oil producer and the worlds most profitable company. The company has a rich history and has achieved many milestones and achievements over the years.