Saudi
Aramco , officially the Saudi Arabian Oil Company, most popularly known just as
Aramco (formerly Arabian-American Oil Company) is a Saudi Arabian national
petroleum and natural gas company based in Dhahran, Saudi Arabia.[5][6] Saudi
Aramco's value has been estimated at anywhere between US$1.25 trillion and US$7
trillion, making it the world's most valuable company.
Saudi
Aramco has both the world's largest proven crude oil reserves, at more than 260
billion barrels (4.1×1010 m3),[4] and largest daily oil production.[citation
needed] Saudi Aramco owns, operates and develops all energy resources based in
Saudi Arabia. According to 2015 Forbes report, Aramco is said to be the world's
largest oil and gas company.
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