Saudi Aramco is a national petroleum and natural gas company that is located in Dhahran, Saudi Arabia. The company is valued at a minimum of $1.25 trillion, making it one of the most valuable organizations in the world. Saudi Aramco owns the largest number of crude oil reserves (260 million barrels) and is also known for the highest daily oil production. The company has ownership of all energy resources in the Kingdom of Saudi Arabia and is responsible for operating/managing them. In the 2015 Forbes report, Saudi Aramco was ranked as the largest Oil and Gas Company in the world. The company also owns and operates the Master Gas System, which is the largest single hydrocarbon network in the world.
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