The company is a world oil and gas giant owned by the Saudi Arabian government and supervised by the Saudi Arabian Ministry of Energy.
The company is mainly engaged in oil exploration, development, production, refining, transportation and sales. It has the second largest proven crude oil reserves in the world and is the main source of Saudi Arabia's national economy. In addition, Saudi Aramco was listed on the Saudi Stock Exchange in 20 19, becoming one of the highest listed companies in the world.