Aramco and the blue flame a piece of arabian american history. A history of the most profitable company in the world, saudi aramco, and the story behind the family that ruthlessly maneuvered to control this multitrillion dollar enterprise. The story of aramco and the saudi kings brown, anthony cave on. Discover librarianselected research resources on saudi arabian history from the questia online library, including fulltext online books, academic journals, magazines, newspapers and more. In particular, it reproduces successfully the jump in oil output of saudi aramco following the output collapse of iraq and kuwait during the first gulf war, explaining it as the profitmaximizing. Sep 16, 2019 this transformation, one of the most astonishing in history, is the subject of ellen r. Saudi arabia announces ipo of oil giant aramco, but questions. Saudi aramco, whose rich history involves a journeymans labor as the implementer of. No one will understand saudi arabiaor the united statesin quite the same way after reading this book.
Search the history of over 418 billion web pages on the internet. Saudi crown prince mohammed bin salman said the flotation of saudi aramco would proceed by 2021, bloomberg reported on friday. Saudi aramco, also called saudi arabian oil company, formerly arabian american oil company, oil company founded by the standard oil co. While saudi arabia gears up for the aramco ipo, many analysts are wondering where it would list the massive offering, as many of the traditional bourses do not fit the bill. Aug 24, 2016 saudi aramco has the largest daily production of oil in the world which comes as no surprise considering they have the largest proven crude oil reserves on the planet. Jul 28, 2016 the saudi aramco ports and terminals book gives full details regarding the general conditions, rules, regulations, facilities and available services at all saudi aramco terminals.
Its a cornerstone of the global economy, producing and selling 10 million barrels of oil every day. Discovery of oil transformed saudi arabia sheldon kirshner. The stateowned oil company of saudi arabia is the biggest in the world, helping the kingdom become the biggest exporter of crude oil. The arabian kingdoms pursuit of profit and power, published by. This handbook provides basic reference information on saudi arabia, includ ing its geography, history, government, military forces, and communications and transportation networks. We produce aramcoworld to increase crosscultural understanding by broadening knowledge of the histories, cultures and geography of the arab and muslim worlds and their global interconnections, past and present. A study of the dynamics of foreign oil policy, 1922. Apr, 2018 its a cornerstone of the global economy, producing and selling 10 million barrels of oil every day.
Saudi arabia produced more oil in a single day than at any time in its history, with 12 million barrels flowing from pumps at saudi aramco, the worlds biggest oil. Saudi aramco s origins trace to the oil shortages of world war i and the exclusion of american companies from mesopotamia by the united kingdom and france under the san remo petroleum agreement of 1920. Saudi arabia country handbook this handbook provides basic reference information on saudi arabia, includ ing its geography, history, government, military forces, and communications and transportation networks. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take. Shamoon is capable of wiping files and rendering several computers on a network unusable. In addition to producing publications about our company and the petroleum. Browse the independent s complete collection of articles and commentary on saudi aramco. This transformation, one of the most astonishing in history, is the subject of ellen r. To enter a new subscription, renew an existing one or to change your address, use the links above. Industry oil and gas headquarters dhahran, saudi arabia history operations energy strategies global marketing challenges cultural factors and barriers summary lessons for ugandas nascent industry. Founded in 1949, aramco world became saudi aramco world in 2000. Saudi arabia is the worlds leading oil producer and exporter.
On sunday, saudi arabia held a press conference announcing the longawaited initial public offering of the state oil company, saudi aramcoor so it. This information is intended to familiarize military per sonnel with local customs and area knowledge to assist them during their as. Aramco handbook oil and the middle eastbysaudi aramco. It is designed for reference use by all owners, charterers, masters of. List of books and articles about saudi arabian history. This article appeared on pages 23 of the novemberdecember 1970 print edition of saudi aramco world. Hitti, who retired in 1954 from princeton university, where he was professor of semitic literature and chairman of the department of oriental languages, is the author of many books, including the classic history of the arabs. Aug 10, 2018 saudi aramco is 85 years old this year.
Saudi aramco officially the saudi arabian oil company is a saudi arabian multinational. Try searching on jstor for other items related to this book. Home browse history middle eastern history saudi arabian history. As at december 31, 2019, based on the initial 40year period and 20year extension of the concession, saudi aramco s reserves stood at 258. Yet for four decades the financial performance of saudi aramco has been one of the biggest.
The company has a proud history as the business back bone of saudi arabia with huge transformative plans underway as part of the saudi vision plan 2030. The aramco ipo marks a historic shift for the saudi economy and the global oil market writ large. Saudi aramco latest news, breaking stories and comment. Saudi aramco president and ceo amin nasser made a virtual visit to the u. Saudi aramcos origins trace to the oil shortages of world war i and the exclusion of american companies from mesopotamia by the united kingdom and france under the san remo petroleum agreement of 1920. A history of saudi arabia accordingto this narrative, the sa c udi ruler agreed to support the reformersdemandfor jihad,awaragainstnonmuslimsandthosemus. Jun 06, 2017 the aramco ipo marks a historic shift for the saudi economy and the global oil market writ large. This book, therefore, undertakes an analysis of aramco, examining its history, its current role in saudi arabias economy, and its future role as an ipo. The saudi aramco ipo is a gamechanger for the saudi economy. Cambridge core middle east studies a history of saudi arabia by madawi al rasheed. The story starts with saudi arabias founder, abdul aziz, a refugee embarking on a daring gambit to reconquer his familys ancestral home, the mudwalled city of riyadh. Books in addition to producing publications about our company and the petroleum industry, we also publish original research on saudi arabias natural history and overviews of the kingdoms history and culture. This booklet is an exact copy of the original blue flame booklet that i was given while working there.
Saudi aramco has the largest daily production of oil in the world which comes as no surprise considering they have the largest proven crude oil reserves on the planet. State department once called the most valuable commercial prize in the history of the planet. One is surprised, therefore, to find that the author has omitted any mention of the profitsharing or socalled 5050 agreement of december 1950. Written by arthur clark photographed by kathleen burke. Lisa anderson, dean, school of international and public affairs, columbia university there are a lot of books written on the history of oil. It is designed for reference use by all owners, charterers, masters of vessels and others who use saudi aramco terminals. Twoyear 12issue renewable subscriptions to the print edition of aramcoworld are available without charge to a limited number of readers worldwide. How have its hereditary leaders, who govern with a mixture of political pragmatism and religious zeal, managed to maintain their power. The saudi aramco ports and terminals book gives full details regarding the general conditions, rules, regulations, facilities and available services at all saudi aramco terminals.
Search the history of over 424 billion web pages on the internet. Saudi aramco saudi arabian oil company aramco headquarters in dhahran, saudi arabia by buke ivan ipsk 2. The us administration at the time had popular support for an open door policy, which herbert hoover, secretary of commerce, initiated in 1921. As the worlds largest oil and gas company, aramcos impending privatization has important implications for the worlds petroleum market. Assigned to write a report on an important historical figure for his thirdgrade class in the chicago suburb of skokie, illinois, he chose the prophet muhammad as his subject. Saudi aramco loss prevention policy saudi aramco will conduct its business in a manner which prevents incidents or accidents which cause loss of life, bodily injury or illness, or damage to property, assets or the environment. Mar 07, 20 saudi aramco board director andrew gould. We use cookies for a number of reasons, such as keeping ft sites reliable and secure, personalising content and ads, providing social media features and to analyse how our sites are used. Oil, god, and gold carries the subtitle the story of aramco and the saudi kings and purports to be a history of aramco from beginning to end. The history of saudi arabia by alexei vassiliev pdf, ebook read. How has saudi arabia managed to maintain its arab and islamic values while at the same time adopting western technology and a market economy. Books in addition to producing publications about our company and the petroleum industry, we also publish original research on saudi arabias natural history and overviews of.