Facts & Figures 2013

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Facts & Figures 2013 Facts & Figures 2013 2013 Facts & Figures :: 1 :: Energy Is Opportunity :: Saudi Aramco Our business portfolio is being reshaped to meet evolving requirements in our upstream and downstream activities as well as across the Kingdom as a whole. ENERGY IS OPPORTUNITY—IN THE KINGDOM AND AROUND THE GLOBE. Contents 02 WHO WE ARE 08 EXPLORING NEW OPPORTUNITIES :: Energy Is Opportunity :: Saudi Aramco 07 OUR STRATEGY 10 EXPANDING OUR PORTFOLIO 12 RAISING OUR POTENTIAL 14 CITIZENSHIP 16 2013 IN NUMBERS 21 OUR OUTLOOK ABOUT THIS BOOKLET COVER PHOTO OVER THE LAST 80 YEARS, SAUDI ARAMCO HAS This booklet is a statistical compendium of our 2013 Annual Review and includes GROWN TO BECOME A FULLY INTEGRATED, GLOBAL oil and gas reserves and production figures for year-end 2013 as well as other PETROLEUM AND CHEMICALS ENTERPRISE. valuable figures, and a brief summary of key developments. 2 :: Energy Is Opportunity :: Saudi Aramco 2013 Facts & Figures :: 3 Who We Are What We Do The Saudi Arabian Oil Company (Saudi Aramco), Turaif Over the last 80 years, we have grown to become 494 million barrels of refined products and a fully integrated, global the world’s largest integrated energy enterprise. exported 121 million barrels, nearly matching petroleum and chemicals Saudi Aramco manages conventional crude oil our record numbers from 2012. We exported Al Jawf reserves of 260.2 billion barrels and gas reserves 2.5 billion barrels of crude oil in 2013, with 53.8 enterprise, is the state- Tanajib of 288.4 trillion standard cubic feet. percent exported to Asia. owned oil company of the Tabuk Safaniya Jubail Khursaniyah In 2013, we produced 3.4 billion barrels of As a vertically integrated company, we Kingdom of Saudi Arabia. Duba Berri Ju’aymah oil, about one in every eight barrels of the world’s work to unlock energy opportunities from explo- Throughout our 80-year Qassim Ras Tanura Abqaiq crude oil production. Our gas production, in ration to distribution. Our upstream activities Qatif history, we have become Shedgum terms of raw gas to gas plants, was 4.02 trillion are focused on exploration and production. This a world leader in hydrocar- Dhahran standard cubic feet, the most in a single year in stage involves the search for crude oil and natu- Yanbu’ Khurais Al Hasa bons exploration, produc- Riyadh Hawiyah our history. We also produced 455.9 million bar- ral gas reservoirs onshore and offshore, the ‘Uthmaniyah tion, refining, distribution, Rabigh rels of natural gas liquids (NGLs), including 86.8 management of field development for optimal Haradh million barrels of condensate. long-term production, and the efficient extrac- shipping and marketing. SAUDI ARABIA tion of crude oil, condensates and natural gas. Shaybah Saudi Aramco and its subsidiaries own or We rank first among oil Jiddah have equity interest in domestic and international Our downstream activity includes refining, companies worldwide in refineries with a total worldwide refining capac- selling and distributing crude oil and condensates, Al-Sulayyil terms of crude oil pro- ity of 4.9 million barrels per day (bpd), of which fractionating natural gas and selling and distrib- duction and exports, and our equity share is 2.6 million bpd, making us the uting natural gas, NGLs, petrochemicals and world’s sixth largest refiner. In 2013, we produced petroleum fuels. natural gas liquids (NGL) Abha Najran exports, and are among Jazan the leading producers of natural gas. We are also among the world’s leading Key Figures refiners and are moving Saudi Aramco further downstream into Renery WORKFORCE as of 31 December 2013 OIL RESERVES AND PRODUCTION chemicals production. Recoverable crude oil and Joint Venture Maraq Luberef Renery condensate reserves: 260.2 billion barrels 57,283 Average daily crude oil production: Total Workforce 9.4 million barrels Annual crude oil production: 3.4 billion barrels OUR CORPORATE VALUES 48,385 GAS RESERVES AND PRODUCTION INTEGRITY SAFETY ACCOUNTABILITY Saudi Workforce Gas reserves: EXCELLENCE CITIZENSHIP 288.4 trillion standard cubic feet 8,898 Gas production (raw gas to gas plants— Expatriate Workforce average per day): 11.0 billion standard cubic feet Gas production (annual): 4.0 trillion standard cubic feet 4 :: Energy Is Opportunity :: Saudi Aramco 2013 Facts & Figures :: 5 Tokyo Seoul 19 Beijing 18 15 Shanghai 17 Xiamen 16 14 London Fujian 6 8 The Hague 7 Rotterdam New Delhi Singapore 13 Milan 12 9 New York City 3 11 Yanbu’ Washington, D.C. 10 Dhahran Dubai 2 Alexandria Bermuda 4 Houston 1 INTERNATIONAL OPERATIONS/ EXPORT SHIPPING ROUTES 1 HOUSTON 11 DUBAI Aramco Services Company (ASC) Vela International Marine Limited Aramco Associated Company 12 NEW DELHI Saudi Refining, Inc. Aramco Overseas Company B.V. Motiva Enterprises, LLC 13 SINGAPORE 2 WASHINGTON, D.C. Aramco Overseas Company B.V. Aramco Services Company (ASC) 14 XIAMEN 3 NEW YORK CITY Aramco Asia–Xiamen Curaçao Saudi Petroleum 15 BEIJING International Inc. (SPII) 5 Aramco Asia 4 BERMUDA 16 FUJIAN Stellar Insurance Ltd. Fujian Refining and Petrochemical 5 CURAÇAO Company Ltd. (FRPC) Bolanter Corp. NV Sinopec SenMei Petroleum Pandlewood Corp. NV Company Ltd. 6 LONDON 17 SHANGHAI Aramco Overseas Company Aramco Asia–Shanghai B.V. UK Ltd. 18 SEOUL Saudi Petroleum Overseas Ltd. Aramco Asia–Korea (SPOL) S-Oil 7 ROTTERDAM 19 TOKYO TEAM Terminal B.V. Aramco Asia–Japan 8 THE HAGUE Showa Shell Sekiyu K.K. Aramco Overseas Company B.V. 9 MILAN Aramco Overseas Company B.V. 10 ALEXANDRIA The Arab Petroleum Pipeline Co. (SUMED) 6 :: Energy Is Opportunity :: Saudi Aramco 2013 Facts & Figures :: 7 Where We’re Going Our Strategy Producing an average of 9.4 million barrels of Our downstream businesses will become a Delivering on this vision will take commitment, resolve and focus to achieve. crude oil a day, we play a critical role in supply- vehicle for growth in the Kingdom, fueling com- Throughout this transformation, the success of our strategy will be measured ing world oil markets. Today our upstream busi- merce and economic diversity. We are building ness is a global leader, known to our customers a thriving domestic energy services sector that through four objectives: Shaping Our Businesses, Enabling the Kingdom, as the world’s most reliable supplier. by 2020 will serve the majority of Saudi Aramco’s Optimizing Our Processes and Building Our Capabilities. Each of these objectives But we want to do more. We want to achieve needs and compete on an international scale. will be fulfilled through a series of initiatives designed to unlock the innovation more. This is why we are engaging in an unprec- Directly or indirectly, we expect our investments and value that our company is uniquely placed to deliver. edented corporate transformation. By maximizing will create approximately 500,000 new jobs, open- the value of our resources—both our hydrocarbon ing up opportunities for generations of Saudis resources and human resources—we are creating embarking on careers in the energy sector. groundbreaking opportunities for the Kingdom The company continues to bring together and the world. initiatives designed to make the business more I. Shaping Our Businesses: III. Optimizing Our Processes: Pursuing the commercial activities that Creating agility as we move into new This journey starts with maintaining and efficient, agile and sustainable while raising our will help us achieve our strategic objectives businesses and new markets enhancing our preeminence as the world’s lead- potential through our people’s ingenuity and ing supplier of energy. By moving into unconven- relentless energy—all with the view of remain- Over the decades since Saudi Aramco was To achieve the aspirations of our 2020 tional gas, we will help meet growing energy ing a leading global energy company for years founded, its business portfolio has become Strategic Intent, it is necessary to optimize to come. demand at home and across the globe, establish- significantly more complex, creating the need many of our corporate processes by evaluat- ing the Kingdom as a hub of excellence in global to refine our corporate strategy to reflect ing core functions across the entire organiza- energy technology and services. massive growth in some areas and a scaling tion and applying the best ways to integrate back or divestiture in others. Our business these activities. Initiatives aimed at process portfolio is being reshaped to meet evolving optimization will enable Saudi Aramco to upstream, downstream and Kingdom require- respond with greater speed and flexibility to ments. It is also expanding in scope and changing business and operational con ditions, technological prowess so we can continue and be more efficient in its use of material OUR STRATEGIC INTENT to diversify into an integrated, global, multi- and human resources as it enters into new business portfolio. businesses and expands its global reach. In 2020, Saudi Aramco is the world’s leading II. Enabling the Kingdom: IV. Building Our Capabilities: integrated energy and chemicals company, Building on our heritage of providing Developing our talent and deepening our opportunities for the citizens of the technology knowledge base focused on maximizing income, facilitating the Kingdom As Saudi Aramco continues its transformation At its core, our 2020 Strategic Intent is as into the world’s leading integrated energy sustainable and diversified expansion of the Kingdom’s much about the future of the Kingdom as and chemicals company, it is critical that we economy and enabling a globally competitive and it is about the direction of the company. develop our talent and deepen our technol- vibrant Saudi energy sector. Through dialogue and partnerships with ogy knowledge base in support of this goal. government and other business groups, Through a strategic focus on innovation, Saudi Aramco encourages adoption of energy- Saudi Aramco is positioning itself to be a efficient technologies and practices as the leader in technology creation and a driving company accelerates development of alter- force in strengthening the Kingdom’s econ- native and unconventional energy sources.
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