Saudi Arabia is looking to plug budget gaps by having its state-run oil giant, Saudi Aramco, sell some stakes in its subsidiaries, according to anonymous Bloomberg sources. The Kingdom’s oil company has hired Moelis & Co. to come up with a plan to sell stakes In Aramco’s pipelines for the purpose of coming up with nearly $10 billion. Saudi Aramco's Q3 2020 results. Aramco to bring Google Cloud Services to Saudi Arabia. Saudi Aramco Development Company, a subsidiary of Aramco, today announced it had teamed up with Google Cloud to offer high-performance, low-latency cloud services to customers in Saudi Arabia. Saudi Aramco Unveils Dammam 7, Its New Top Ten Supercomputer. Now, Aramco has unveiled – in partnership with stc Read more… By Oliver Peckham Saudi Arabia is looking to plug budget gaps by having its state-run oil giant, Saudi Aramco, sell some stakes in its subsidiaries, according to anonymous Bloomberg sources. Saudi Aramco subsidiaries are key players in the region’s vibrant energy market and together act as a key crude oil supplier to six major Asian countries — China, India, Japan, Singapore, South Korea, and Taiwan. contents Saudi Aramco 06 Chairman’s message 08 President and CEO’s foreword 10 History 12 2019 highlights 14 Saudi Aramco’s operations 18 Business model Business overview and strategy 24 Business overview 28 Market overview 29 Strategy Results and performance 38 CFO’s message 39 Financial performance 46 Upstream 54 Downstream 62 Corporate Environmental, social and governance (ESG) Saudi Aramco Development Co, a subsidiary of Aramco, has teamed up with Google Cloud to offer cloud services to customers in Saudi Arabia, Aramco said on Monday. DHAHRAN, Saudi Arabia – Saudi Aramco will use a new supercomputer to support its E&P activities.. Dammam 7, named after the first oil discovery well drilled in Saudi Arabia in 1938, was developed at Dhahran Techno Valley in partnership with Solutions, a subsidiary of stc Group, and Hewlett Packard subsidiary CRAY. By revenue, oil and gas giant Saudi Aramco is one of the largest companies in the world, and it has historically employed commensurate amounts of supercomputing power. Q3 INTERIM REPORT Q3 RESULTS PRESS RELEASE Recent articles ${ filter.label } CLEAR ALL FILTERS. Saudi Aramco published its Q3 2020 results and dividend announcement on Tuesday November 3, 2020. Evolving as a strategic consultative HR partner and adviser to Saudi Aramco joint ventures and subsidiaries. January 21, 2021. November 3, 2020. Saudi Aramco (Arabic: أرامكو السعودية ‎ ʾArāmkū s-Saʿūdiyyah), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company), is a Saudi Arabian multinational petroleum and natural gas company based in Dhahran, Saudi Arabia.. Saudi Aramco Energy Ventures LLC and Energy Capital Management Announce Venture Capital Collaboration 08 Jul 2012 Saudi Aramco announces the launch of its corporate venturing subsidiary, Saudi Aramco Energy Ventures. Objectives. Offshore staff. To integrate HR best practices into Saudi Aramco’s joint ventures and subsidiaries enabling them to succeed through consultation, facilitation and coordination. Saudi Aramco Development Company, a subsidiary of Aramco, has announced that it has teamed up with Google Cloud to offer high-performance, low-latency cloud services to enterprise customers in Saudi Arabia.