Saudi Aramco (Arabic:? ) The official name is Saudi Arabian Oil Company, a state-owned oil company in Saudi Arabia. It is the most valuable company in the world, with assets of $ 1 trillion and an annual valuation of $2.2 trillion -7 trillion in 20 10. This also proves that crude oil and oil companies have the largest oil reserves and production. [5] Aramco, headquartered in Dharam, Saudi Arabia and Saudi Arabia, also operates the largest single oil and gas network in the world and designs major natural gas systems. During the ten years from 1933 to 1988, one of the oil companies was called Arabian American Oil Company for short.