Saudi Aramco (Arabic: أرامكو السعودية ) is the state-owned national oil company of Saudi Arabia. It is the largest oil corporation in the world with the largest proven crude oil reserves and production.[2] Headquartered in Dhahran, Saudi Arabia, Saudi Aramco also operates the world's largest single hydrocarbon network, the Master Gas System. It was known as just Aramco between the years of 1933-1988, an acronym for Arabian American Oil Company.
Its yearly production of only crude oil neared 3.4 billion barrels (540,000,000 m3) and it managed over 100 oil and gas fields in Saudi Arabia totaling at least 264 billion barrels (4.20×1010 m3) of oil reserves and 253 quadrillion scf of gas reserves.[
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