Saudi Aramco sets New Standards in Excellence in 2008 Dhahran 2

In his message, Khalid A. Al-Falih, Saudi Aramco President and Chief
Executive Officer said: “The year 2008 was marked by turbulence in
the global economy and by volatility in the energy sector. In these
uncertain times, Saudi Aramco continued to be a rock of stability.

“From the concession signing in 1933 that ultimately led to the
discovery and production of the world’s largest proven conventional
oil reserves to our present-day industry leadership, Saudi Aramco has
continually raised the bar for operational excellence, responsiveness
and reliability, innovation and stewardship.

“Our activities reflected Saudi Aramco’s unrivalled position as the
world’s most reliable energy provider. This Review showcases our
continued success in exploration, production, refining and new forays
into petrochemicals.”

The Review notes Saudi Aramco’s role as a force for market stability
and a critical contributor to sustained economic growth and
development, given the impact of its petroleum exports on markets in
both the East and the West. The company is the number one supplier of
crude oil to major economies such as China, Japan, Republic of Korea
and India, in addition to being a major supplier to the world’s
biggest crude oil consumer and its single largest economy, the United
States.

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