Aramco today announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, for a total purchase price of SAR 259.125 billion (US$ 69.1 billion), equating to SAR 123.39 price per share.
Al and Pat Denyer announce the birth of their second great-grandson on June 8, 2020. Lucas James Herron was born to Kayla and Grant Herron of Arlington, Virginia.
Hussain Albahrani can see the miraculous in the mundane. That talent won him the Society of Professional Engineers’ (SPE) Gulf Coast North America Regional Award-Ph.D. Division for a project that provides a model for predicting rock failure while drilling is ongoing.
So went the philosophy of the mentors who tutored Ibn Saud as a child and it remained his lifelong practice to tryout the integrity of those he would rely on. His friendship with Harry St. John Bridger Philby was strong but Philby was not exempt from the scrutiny of the desert fighter, though Philby never knew or understood this.
A bottle of frankincense essential oil sits on a branch of a frankincense tree (Boswellia sacra) in the Dhofar Governate of Oman, where a semiarid climate and limestone geology have proven especially hospitable for its cultivation for more than 3,000 years. Frankincense from Oman was instrumental in the rise of early kingdoms in the region, and today it is a center for one of the most popular of essential oils.
The binding truth that ties the entire Aramco family together is the ephemeral, transitory periods of our lives that we spend in the cookie-cutter homes, basking under the hot desert sun. Some of us are born here, some move as children, and some as teenagers, and some of us even find our way back here as adults.
When Ibn Saud scaled the walls of Riyadh in 1902, it began his celebrated passage to becoming King of Saudi Arabia. This story briefly describes the years when he recovered his heritage and oil was on the horizon.
Aramco’s Gretchen M. Gillis was recently voted president-elect of the American Association of Petroleum Engineers (AAPG) for the 2020-21 term. She will assume the role of AAPG president for the 2021-22 term.
The International Energy Agency (IEA) recently released its annual World Energy Investment report, which claims that the COVID-19 pandemic is causing the biggest fall in global energy investment in history.
From 1933 to present day, Aramco’s remarkable journey from an exploration effort to the world’s most profitable company has been unprecedented, and it began with the signing of the Concession Agreement.
In-line with Saudi Aramco’s Digital Transformation Program – which capitalizes on innovative Fourth Industrial Revolution technologies to deliver energy more sustainably and efficiently – Aramco Asia recently deployed a “smart helmet.”
It was a Saturday and the skydivers had jumped this morning. Nobody worked on Saturday afternoon except the island telephone operator and she was busy. There were three phones at the exchange and people stood in lines to make their calls home. Folks in England waited for their loved ones to call on Saturdays.
If you’re a fan of geological wonders—as many Aramco annuitants understandably are—a visit to Jabal Sawda will suit your tastes “to a T.” Standing just over 10,000 feet, Jabal Sawda in the Asir region of southwestern Saudi Arabia...
Chip Stansbury pays tribute to Cornell Seymour who passed away on February 3rd, 2019, with a look back at a 1998 Abqaiq Scouts Troop 256 campout to Asir National Park.
Since the hieroglyphs on the Rosetta stone were deciphered in 1822, scholars have learned a great deal about early Egypt. But the language of Nubia, Egypt’s rival to the south, remains untranslated, with the result that far less is known about Nubia.
The unprecedented challenges the world is facing force us all to sharpen our focus on what really matters. Our immediate priority, as CEOs, is to do everything we can so that our people and communities are safe and capable of confronting the pandemic effectively.
Lauren K. Garretson graduates Case Western Reserve School of Law in Cleveland Ohio, Juris Doctor with intent to join the law firm of Ulmer, LLP, with offices located in several cities in Ohio, as well as New York and Washington DC.
Warmed by a campfire and the notes of an ‘ud, hiking guides near Saint Catherine, Egypt, fill an evening with song.
Ex-Aramco employee Athar Mustafa Khan has a lot to be proud of when it comes to his youngest daughter Maryam. She recently graduated from Lehigh University with a Masters Degree in BioEngineering while simultaneously...
The world is going through an unprecedented health crisis, the impact of which has reached all areas of life that forced governments and individuals to make unprecedented decisions and adapt to unusual lifestyles.