USSaudiForum - Panel 11 - Phillip Rolchigo - Opportunities in Water
USSaudiForum - Panel 10 - Munir Rafie - Business Opportunities in the Oil and Gas Sectors
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Business Opportunities in Oil & Gas September 18, 2013 Munir M. Rafie © Copyright 2013, Saudi Aramco. All rights reserved.
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The 3rd US-Saudi Business Opportunities Forum was held Sep 16-18, 2013, bringing together officials, business people, educators and specialists highlighting the U.S.-Saudi trade relationship and how U.S. companies can participate in Saudi Arabia's expansion. Saudi Arabia is undergoing an extraordinary economic boom. Massive public investment, rapid private-sector growth and new sector initiatives are driving an expansion projected to offer more than $1 trillion in trade and investment opportunities over the next decade. This panel of distinguished experts highlighted the opportunities in the oil and gas sectors.
Transcript of USSaudiForum - Panel 10 - Munir Rafie - Business Opportunities in the Oil and Gas Sectors
Business Opportunities in
Oil & Gas
September 18, 2013
Munir M. Rafie© Copyright 2013, Saudi Aramco. All rights reserved.
Saudi Arabia Overview
260 billionOil Reserves
263 trillion Gas Reserves
Saudi Arabia Overview
450Billion
To be spent during the period 2014-2018
100Billion
2012 Budget surplus promotes accelerated development
1,600Total projects
RobustRobust budget planning
Technologies & Communications
Transportation & Logistics Education & Health Utilities
Airports Electricity New Technologies Roads
Saudi Arabia Overview
Top 20 WEF / Global Competitiveness WB / Best Places to do Business
Saudi Arabia Overview
Saudi Arabia Overview
4th
For “Fiscal Freedom”
7th Most rewarding tax system
LocationStrategic geographic location
EnergyPlentiful energy supplies
Saudi Arabia Overview
Young, educated current & future workforce
61% within working age 35% under 15
World’s Largest Integrated Oil & Gas Company
55,000+Multinational Workforce
Saudi Aramco Overview
Saudi Aramco Overview
12Million
Barrels Daily production capacity
11Billion
Cubic Feet Daily Gas production capacity
Saudi Aramco OverviewThe largest integrated oil and gas company
63Plants
Crude processing plants
10Refineries
Refineries (including 4 Joint Ventures)
Saudi Aramco Overview
7
Gas plants
3NGL plants
In-Kingdom Operations:
22,050Kilometers
Transport pipelines (by 2014)
Over the next ten to twenty years, we intend to transform Saudi Aramco from just an oil and gas company into a fully integrated, truly global energy and chemicals enterprise with extensive operations in the Kingdom and throughout the globe.
Khalid A. Al FalihPresident & CEO
May 25th, 2011
Saudi Aramco Overview
Opportunity
$130 billion 5-year capital budget
New crude oil increments
Natural gas production
Refining and petrochemicals
Residential communities
Opportunity
Associated materials and equipment
Maintenance and support services
Direct, upstream opportunities
Indirect, downstream opportunities
Rewarding investment opportunities
70%
Local content by 2020
130Billion
Oil, Gas, Petrochemicals
Business Opportunities
Saudi Aramco’s Strategic Direction:
Opportunity
Incentives
Up to 10% premium for local manufacturers
Exclusivity to local manufacturers in bidding
Long term (5-10 year) agreements
Manufacturing Opportunities
$12Billion
Pipe and Structural Steel35% locally manufactured
$6Billion
Columns, Vessels,
Exchangers, Valves 25% locally manufactured
$4Billion
Compressors, Pumps, Turbines15% locally manufactured
$5Billion
Chemicals, Drilling Fluids, Inhibitors 45% locally manufactured
Manufacturing Opportunities
$4Billion
Instrumentation and Electrical30% locally manufactured
$5Billion
Drilling and Producing Equipment20% locally manufactured
$3Billion
Health, Safety, Security & Fire Equipment 20% locally manufactured
$2Billion
Construction, General Supply25% locally manufactured
$29 BillionOpportunity$29 BillionOpportunity
Services Opportunities
EquipmentInstallation, Commissioning & Servicing
Life CycleManagement
Assembly
Finishing Testing
Services Opportunities
DrillingDrilling ServicesOil Field Services
IndustrialEquipment ServicesCoating Services
ConstructionConstruction ServicesMaintenance ServicesInstallation Services
TechnicalInformation TechnologyEngineering
LogisticsTransportationWarehousingMarine
HSEEnvironmentalMedicalSafety and Security
GeneralCommunity ServicesOffices ServicesHuman Resources
Investment Support
Saudi Arabian Government Investment Authority
(SAGIA) www.sagia.gov.sa
Saudi Aramco / New Business Development
http://www.saudiaramco.com
Doing Business With Saudi Aramco
An invitation……
What?When ? Why? How?
Invest in Saudi Arabia Now $ Multi-billion Opportunity Strong GDP Growth Young Educated Population Modern infrastructure Targeted incentives
Thank you
