What is the official English name of Saudi Aramco, one of the world’s largest companies by market capitalization?

The official English name of Saudi Aramco is Saudi Arabian Oil Company.

The company is commonly known as Saudi Aramco, a shortened form of its formal name. It is Saudi Arabia’s national petroleum and natural-gas company and is headquartered in Dhahran. Its business includes exploration, production, refining, chemicals, and distribution.

Saudi Aramco developed from the Arabian American Oil Company, which was established after oil concessions in Saudi Arabia led to major discoveries in the eastern part of the country. The Saudi government gradually increased its ownership before taking full control in 1980.

A frequent mix-up is confusing the company’s formal name with its former English name, Arabian American Oil Company. Saudi Aramco’s enormous hydrocarbon reserves and strong earnings have made it one of the world’s most valuable publicly traded companies.