Aramco just announced its second quarter 2021 financial results, reporting a 288% increase in net income from the same quarter of last year to $25.5 billion and declaring a dividend of $18.8 billion. The company’s net income for the first half of the year was $47.2 billion, representing a 103% increase over the same period in 2020.
Midway through the 1950s, Aramco continues to flourish, achieving the distinction of becoming the world’s largest oil company. In 1955 the company reaches a milestone by pumping out barrel number 2 billion of Saudi Arabian crude.
The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its second quarter 2021 financial results, reporting a 288% increase in net income from the same quarter of last year to $25.5 billion and declaring a dividend of $18.8 billion. The Company’s net income for the first half of the year was $47.2 billion, representing a 103% increase over the same period in 2020.
Atlantis of the Sands? A lost city? A meteorite impact site? For years, the mystery of Wabar fascinated a young associate professor of geology at King Fahd University of Petroleum and Minerals in Dhahran. This is the story of his travels to the site – in Saudi Arabia’s Empty Quarter...
Khalid K. Al-Mulhim has been appointed as executive director of Corporate Affairs, effective August 1, 2021. He had previously been serving in the role in an acting capacity from April 2021. In his role he directs and administers all of the company’s interactions with government and non-government agencies.
The second half of 1954 is a time of great change for the Webster family as younger daughter Susan leaves Dhahran at the tender age of 13 to attend boarding school in Switzerland. With older daughter Judy still at the American Community School in Beirut, it is Ken and Mildred’s first taste of “empty nest syndrome” and they have decidedly mixed feelings about it.
In pursuit of improving the quality of life for Aramco employees and their families, new facilities have been recently introduced to the Dhahran community located in Jebel Heights. The newly opened facilities were inaugurated by the senior vice president of HR & Corporate Services, Nabeel A. Al-Jama’ and the then executive director of Community Services, Faisal A. Al Hajji on July 29, 2021.
With reference to recent reports claiming that the Company will embark on Bitcoin mining activities, Aramco confirms that these claims are completely false and inaccurate.
The Saudi Aramco Journal of Technology is published quarterly by the Saudi Arabian Oil Company, Dhahran, Saudi Arabia, to provide the company’s scientific and engineering communities a forum for the exchange of ideas through the presentation of technical information aimed at advancing knowledge in the hydrocarbon industry.
Hoarding groceries was a way of life for some in Dhahran. But Sharon took hoarding to the next level. Rob and Sharon spent more than twenty-five years in Dhahran. Sharon's lifetime favorite food is Mexican. She could eat it three meals a day, every day. She bought refried beans by the case, just to be sure.
Living “on camp,” as locals put it, is a rewarding and memorable experience. From backyard BBQs and early morning swims to games of tennis and tee times on the golf course, anyone who has lived in an Aramco community shares an extraordinary bond that comes from working and socializing together.
Hussain M. Al Haleimi will be retiring from Aramco after more than 44 years with the company. His most recent position has been manager of Gas Drilling & Workover Operations. Al Haleimi joined the company in 1977 as a trainee in the Industrial Training Center in al-Hasa.
Chandresh Verma, a drilling engineering specialist in the Workover Engineering Department, after more than 15 years of service in Aramco, will see his last working day with the company on July 31. Verma joined Aramco in 2006 in Drilling & Workover (D&WO), with 22 years of prior experience in onshore and offshore oil field operations, engineering, and contract.
The scene of a hero chasing an ostrich comes to life like a movie still when a 3-centimeter cylinder of chalcedony carved in Mesopotamia more than 3,000 years ago is rolled over a strip of clay.
I remember my mother telling me that when she got married in 1960 her family paid a dowry of a thousand pounds to my father for her hand in marriage. That was a lot of money back then. Dowries are found in many other societies and cultures in the world. It is common throughout the Middle East where the groom provides the dowry to the family of the bride...
This small collection of verses was written as a poetic diary of my thoughts and impressions, influenced by my life and travel within Saudi Arabia during the past eight years (circa 1980s), intending, hopefully, for them to be handed on to my three granddaughters - Emma Louise, Sarah Jane and Lisa Maria - in the fullness of time.
Newly crowned King Saud arrives in Dhahran for an extended stay during the first week of January 1954, followed by a long hunting trip throughout the Kingdom. Dhahran District Manager Ken Webster reports on His Majesty’s visit in detail and continues his regular family correspondence describing daily Aramco operations and newsworthy developments.
On June 18th at The Colony, Lahore's leading performing arts center and creative hub, Engr. Syed Naushad Yousaf Shah and his wife attended the premiere screening of the internationally acclaimed Pakistani short movie, Darya Kay Iss Paar - This Bank of the River. The film was made by a dear friend of Syed's, both alumni of the University of Engineering & Technology, UET, Lahore.
In September 1979, Mark Lowey completed a nearly two-year stint working in the oil fields of the Eastern Province in Saudi Arabia. Together with a colleague, he traveled to Kathmandu and then Pokhara, the gateway to the Himalayas’ Annapurna region in cemtral Nepal.
Dear colleagues, The blessed holiday of ‘Id al-Adha next week comes at a time of cautious optimism for all of us. On the positive side, COVID-19 vaccines are proving effective and there are hopeful signs that a global recovery is underway.