When was Aramco founded?

Aramco was founded in 1993 and raised its 1st funding round 26 years after it was founded.

Where is Aramco located?

Aramco is headquartered in Dhahran, Saudi Arabia. It is registered at Scheveningseweg 62-66, NL-2517 KX The Hauge.

How many employees does Aramco have?

As of Jul 31, 2026, the latest employee count at Aramco is 167914.

Is Aramco a funded company?

Aramco is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jul 01, 2019.

When was the latest funding round of Aramco?

Aramco's latest funding was a $***** Post IPO round on Feb 13, 2022, with participation from 1 investor.

Where does Aramco rank among its competitors?

Aramco ranks 2nd amongst 1651 active competitors, of which 122 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was OMV Group, which secured an undisclosed amount in Feb, 2024.

Who are the top competitors of Aramco?

Aramco's top competitors include Chessapeake, Petrobras and OMV Group. Among them, OMV Group secured the most recent funding round in February, 2024.

Aramco - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of exploration and production services for oil and gas sector. It provides energy and chemicals, and it is involved in various global initiatives, partnerships, and technological developments. In 2022, the company recorded annual revenues of $589.47B and a net profit of $156.36B.

Website: aramco.com
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Registered Address: Scheveningseweg 62-66, NL-2517 KX The Hauge

Key Metrics

Founded Year

1993

Location

Dhahran, Saudi Arabia

Stage

Public

Latest Funding Round

Post IPO, Feb 13, 2022, $*****

Investors

Janse Capital & 6 more

Ranked

2^nd among 1651 active competitors

Employee Count

167,914 as on Jul 31, 2026

Investment & Acquisitions

Huadehydrogen & 21 more

Similar Companies

Chessapeake & 1590 more

Exit Details

Public

View Aramco's full profile

Aramco is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ARAMCO OVERSEAS COMPANY BV CIN: 915518362 , Norway, Active	Dec 17, 1989	-	-
SAUDI ARABIAN OIL COMPANY SAUDI ARAMCO CIN: 980105730 , United States, Active		-	2540 (As on Dec 31, 2018)	-

Aramco got listed on Dec 11, 2019.

Click here to take a look at Aramco's IPO in detail

Aramco has raised funding over 4 rounds. Its first funding round was on Jul 01, 2019. Its latest funding round was a Post IPO round on Feb 13, 2022 for $*****. 1 investor participated in its latest round. Aramco has 7 institutional investors.

Here is the list of recent funding rounds of Aramco:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 13, 2022	2355829	Post IPO	5093443	1238236	5467415	2152702
Apr 12, 2021	8022902	Post IPO	9825450	4831658	3624232	EIG Global Energy Partners
Mar 01, 2020	2124020	Grant (prize money)	4013184	8463588	3691615	Europa

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View details of Aramco's funding rounds and investors

The founders of Aramco is Hussain Bafayed. Amin H Nasser is the CEO of Aramco.

Here are the details of Aramco's key team members:

Hussain Bafayed: ex-Owner of Aramco.
Contact Info: 1 email address

View details of Aramco's Founder profiles and Board Members

Aramco's employee count trend

Aramco has 167,914 employees as of Jul 26. Here is Aramco's employee count trend over the years:

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Top competitors of Aramco include Chessapeake, Petrobras and OMV Group. Here is the list of Top 10 competitors of Aramco, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chessapeake 1989, Oklahoma City (United States), Public	Exploration and production of unconventional oil and gas	$460M	The Carlyle Group, Triangle Peak Partners ... & 4 others	72/100
2nd	Aramco 1993, Dhahran (Saudi Arabia), Public	Provider of exploration and production services for oil and gas sector	-	Janse Capital, Public Investment Fund & 5 others	69/100
3rd	Petrobras 1953, Rio de Janeiro (Brazil), Public	Provider of oil and gas exploration services	-	Helios, BNDES & 2 others	69/100
4th	OMV Group 1956, Vienna (Austria), Acquired	Provider of oil & gas exploration and production services	-	ADNOC, ADNOC & 2 others	68/100
5th	Devon Energy 1971, Oklahoma City (United States), Public	Exploration and Production company	$3.78B	Colt Ventures, Windcrest Partners & 2 others	68/100
6th	Gran Tierra Energy 2003, Calgary (Canada), Public	Provider of oil & gas exploration and production services	-	Montrose Capital Partners, IFC Asset Management Company ... Read more	68/100
7th	Antero Resources 2002, Denver (United States), Public	Independent oil and gas exploration and production company	$71.8M	Trilantic Capital Partners North America, Shah Capital ... & 3 others	67/100
8th	Hess 1919, New York City (United States), Acquired	Exploration and production of crude oil and natural gas	-	Chase, Omega Advisors & 3 others	67/100
9th	MEG Energy 1999, Calgary (Canada), Acquired	Exploration and Development Company Focused on Oil Sands in Alberta	$54.4M	Azimuth Capital Management, Denham Capital ... & 3 others	66/100
10th	PGNiG 1982, Warsaw (Poland), Acquired	State-controlled exploration of oil and gas company	-	YouNick	66/100

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Aramco has made 17 investments in companies including Huadehydrogen and Blue Hydrogen Industrial Gases Company. Aramco has also acquired 5 companies including Esmax and Motiva.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 24, 2026	Investments	Huadehydrogen		-
Mar 24, 2025	Investments	Blue Hydrogen Industrial Gases Company	2024	Jubail (Saudi Arabia)
Feb 19, 2025	Investments	Unioil	1966	Pasig (Philippines)