2 Running Head: Vision, mission and strategy of Saudi Aramco Saudi Aramco is a Saudi Arabian Oil Company and the world’s largest oil company based
in Dhahran, which is located in the Eastern Province in Saudi Arabia. The mission statement of the company is stated as “Our mission is to remain committed to provide energy to the world and
to maximize the value of the country’s petroleum reserves for the benefit of the Kingdom’s citizens.” This mission represents what the company aim to achieve which include reinforcing
their leading position in gas and oil exploration and production, increasing levels of operational efficiency in their operations, as well as make necessary technical advances oil and gas exploration and production. According to Saudi Aramco’s CEO, the vision of Saudi Aramco is “to become the
world’s leading integrated energy and Chemicals Company, reinforcing our focus on the long-
term.” This vision statement is therefore geared towards powering possibilities of continued
growth and consolidation of the company’s position as the leading oil company in the world.
The strategic intent of the company is based on five key areas of focus which include,
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