Aramco

Aramco: A Global Energy Leader

Saudi Aramco, officially known as the Saudi Arabian Oil Group, was founded in 1933 as a subsidiary of the Standard Oil Company of California. Headquartered in Dhahran, Saudi Arabia, Aramco is the world’s largest and most valuable oil company. It was fully nationalized by the Saudi government in 1980 and today, it is one of the largest producers of oil and natural gas in the world.

Financial Strength and Market Reach

In 2019, Aramco went public with one of the largest IPOs in history, raising $25.6 billion and becoming the most valuable company globally at the time. The company generated over $350 billion in revenue in 2022, and its oil reserves and production capacity continue to make it an essential player in the global energy market.

Sports Business and Sponsorships

Aramco has made significant strides in the sports marketing industry by becoming a key sponsor in major global sports events. As part of its strategy to increase brand visibility and align with key global markets, Aramco has partnered with Formula 1, sponsoring Grand Prix races and promoting its brand to millions of sports fans. Additionally, Aramco is involved in golf, tennis, and motorsports, enhancing its presence in premium sports sponsorships.

Stay updated with the latest sponsorship news. Follow SponsorsGo on social media:

• X
• Facebook
• Telegram