Aramco Annual Review 1979

Item

Description
The 1979 annual review of the Arabian American Oil Company (Aramco), published in English only. The report includes a signed introduction by Ahmed Zaki Yamani, Minister of Petroleum and Mineral Resources, linking Aramco's assets and workforce to Saudi Arabia's national economy and the Government's Second Five Year Plan. A distinctive feature of this edition is the inclusion of children's artwork: over 1,000 drawings submitted by Saudi boys and girls aged 5–14 from across the Kingdom in response to a nationwide art competition, depicting their impressions of the oil industry and traditional life. Key operational highlights include: record crude oil production averaging 9,251,079 barrels per day — the largest annual production in Company history — with total annual output of 3,376,643,747 barrels, representing approximately 19 percent of free world production; natural gas liquids (NGL) production reaching a new high of 110.7 million barrels, up 21.6 percent over 1978; discovery of five new oil fields (Dhib, Faridah, Hamur, Jawb, and Samin); proved oil reserves of 113.4 billion barrels and probable reserves of 177.9 billion barrels; proved gas reserves of 65,861 billion standard cubic feet; construction of gas processing facilities at Shedqum and Juʿaymah nearing completion; the Saudi Consolidated Electric Company (SCECO) in the Eastern Province increasing generation capacity by 37 percent to nearly 1,900 megawatts; and workforce growing 25 percent to over 38,000 from 45 countries, with Saudi Arabs holding 46 percent of supervisory positions.
Creator
ARAMCO
Spatial Coverage
Saudi Arabia
Language
Arabic
English
Date
1979
Subject
Business, trade & industry
Development
Oil
Identifier
SAU 338.476655 09538 ARA-REV 1979
Resource class
Text