What does SATORP stand for?
Saudi Aramco Total Refining and Petrochemical Company
Acronym. Definition. SATORP. Saudi Aramco Total Refining and Petrochemical Company (Saudi Arabia)
Where is SATORP?
Jubail Industrial City
SATORP was born in June 2008 when SAUDI ARAMCO and TOTAL signed Shareholders Agreement with respect to the design, construction, ownership and operation of a world-class, four hundred fifity thousand (450,000) barrels per day capacity petroleum refining facility to be located in Jubail Industrial City on the east coast …
Who owns Saudi Aramco?
Government of Saudi Arabia
In the 2020 Forbes Global 2000, Saudi Aramco was ranked as the 5th-largest public company in the world.
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Saudi Aramco.
| Headquarters in Dhahran, Eastern Province, Saudi Arabia | |
|---|---|
| Total equity | US$576.718 billion (2021) |
| Owner | Government of Saudi Arabia (98.5%) |
What is PDP Aramco?
New college graduates who’ve been sponsored by us, or are hired directly from college, participate in a 3-year Professional Development Program (PDP). Throughout the PDP program, participants work with experienced employees to accelerate their development into fully qualified professionals.
How many refinery are there in Saudi Arabia?
Saudi Arabia
The country had seven refineries at the beginning of 2013. State-owned Saudi Aramco accounted for slightly more than 50% of the country’s refinery capacity. The Ras Tanura refinery, with a capacity of 550,000 barrels per day, is the biggest refinery in the country and the ninth biggest in the world.
Who owns most oil in the world?
1. Venezuela – 304 billion barrels. Venezuela has the largest oil reserves of any country in the world, with more than 300 billion barrels of proven reserves.
Who is the richest oil company?
#1 Saudi Arabian Oil Co. (Saudi Aramco) (Tadawul: 2222)
- Revenue (TTM): $1.3 trillion.
- Net Income (TTM): $330.3 billion.
- Market Cap: $7.5 trillion.
- 1-Year Trailing Total Return: 17.4%
- Exchange: Tadawul.
How do I get Aramco certificate?
The Qualification Process involves a computer based test (CBT) and if passed the certificate is issued. If the test is failed then a theoretical and practical training of one to five days must be taken followed by retesting. The customer may choose to take the training first followed by the test.
Who is work permit receiver?
A work Permit Receiver or WPR is an employee from the contractor’s side to receive work permits before starting any activity in restricted areas.
What is the biggest refinery in the world?
Jamnagar refinery
Jamnagar refinery is the world’s largest oil refinery with an aggregate capacity of 1.24 million barrels per day (bpd). The refinery complex is located at Jamnagar in Gujarat, India. It is owned and operated by Reliance Industries.
Which country is the largest oil refinery?
United States
United States oil refining
In 2021, oil refinery capacity in the United States amounted to approximately 17.9 million barrels per day, while the actual refinery throughput was 17.5 million barrels of oil per day. The North American country has consistently maintained the largest oil refinery capacity across the globe.
Why isn’t the US drilling more oil?
As to why they weren’t drilling more, oil executives blamed Wall Street. Nearly 60% cited “investor pressure to maintain capital discipline” as the primary reason oil companies weren’t drilling more despite skyrocketing prices, according to the Dallas Fed survey.
What country has the most untapped oil?
the United States
possible and undiscovered), the United States is at the top of the list with 264 billion barrels of recoverable oil reserves, followed by Russia with 256 billion, Saudi Arabia with 212 billion, Canada with 167 billion, Iran with 143 billion, and Brazil with 120 billion (Table 1).
Where is the deepest oil well?
Chayvo field
Though often cited as the deepest oil well in the world, O-14 in the Chayvo field off the coast of Sakhalin, Russia is actually only some 3,300 feet deep when measured by its vertical drilling depth. However, it has an impressive length of 49,000 feet achieved mainly through directional or horizontal drilling.
What is the salary of Saudi Aramco?
The average estimated annual salary, including base and bonus, at Saudi Aramco is $140,559, or $67 per hour, while the estimated median salary is $120,166, or $57 per hour. At Saudi Aramco, the highest paid job is a Director of Sales at $232,632 annually and the lowest is a CS Rep at $41,230 annually.
How do I become Aramco approved WPR?
Starting July 1, 2017, Saudi Aramco contractors requesting enrollment in the Saudi Aramco Work Permit Receiver Certification Course must first complete a series of three prerequisite courses: Hazard Recognition and Control. Lock Out/Tag Out. Confined Space Entry.
What are the types of permit?
There are seven main types of work permits: Hot Work Permits, Cold Work Permits, Confined Spaces Work Permits, Chemical Work Permits, Height Work Permit, and Excavation Permit. Each work permit is categorized depending on the nature of the job and the hazard involved in it.
Is work permit receiver a good job?
A mid-career Work Permit Receiver with 4-9 years of experience earns an average salary of ₹7.3 Lakhs per year, while an experienced Work Permit Receiver with 10-20 years of experience earns an average salary of ₹4.1 Lakhs per year.
Who is the richest oil company in the world?
Which country has the most oil?
Venezuela
Oil Reserves by Country
| # | Country | Oil Reserves (barrels) in 2016 |
|---|---|---|
| 1 | Venezuela | 299,953,000,000 |
| 2 | Saudi Arabia | 266,578,000,000 |
| 3 | Canada | 170,863,000,000 |
| 4 | Iran | 157,530,000,000 |
Who has the most oil in the world?
possible and undiscovered), the United States is at the top of the list with 264 billion barrels of recoverable oil reserves, followed by Russia with 256 billion, Saudi Arabia with 212 billion, Canada with 167 billion, Iran with 143 billion, and Brazil with 120 billion (Table 1).
Which country extracts the most oil?
What countries are the top producers and consumers of oil?
| Country | Million barrels per day | Share of world total |
|---|---|---|
| United States | 20.54 | 20% |
| China | 14.01 | 14% |
| India | 4.92 | 5% |
| Japan | 3.74 | 4% |
Can U.S. produce its own oil?
The U.S does indeed produce enough oil to meet its own needs. According to the U.S. Energy Information Administration (EIA), in 2020 America produced 18.4 million barrels of oil per day and consumed 18.12 million.
How long will U.S. oil reserves last?
Present U.S. demand for petroleum products is about 20 million barrels per day, so 800 billion barrels would last for more than 400 years if oil shale could be used to meet a quarter of that demand.
How many years of oil is left in the world?
about 47 years
The world has proven reserves equivalent to 46.6 times its annual consumption levels. This means it has about 47 years of oil left (at current consumption levels and excluding unproven reserves).