opportunities in oil & gas
DESCRIPTION
Munir Rafie, Vice President of Materials Supply, Saudi Aramco's presentation at the 2010 U.S.-Saudi Business Opportunities Forum in Chicago, IL.TRANSCRIPT
US / Saudi Business Opportunities Forum
Opportunities in Oil & Gas
Munir M. Rafie
Objective
$100 Billion expenditure program
Share business opportunities information
260 Billion barrels of oil reserves (25% of global total)
263 trillion cubic feet of gas reserves
Best country for doing business: 13th of 181
Energy to the World
Saudi Arabia
Business Environment: Infrastructure
Technologies & Communications
Transportation & Logistics
Education & Health Utilities
Airports Electricity New Technologies Roads
Business Environment: Demographics
1980 2000 2005 2010 2015 20200
5
10
15
20
25
30
35
40
Population (Millions)
Young, educated current & future workforce
Saudi Aramco
World’s Largest Integrated Oil & Gas
Company
Daily Capacity:
Oil: 12 million barrels
Gas: 11 billion cubic feet
Domestic Refining Capacity:
1.9 million bbd refined product
Planned ExpendituresUpstream Maintain
Potential
Downstream Refining & Petrochemicals
Materials: $50 Billion+
Services: $50 Billion+
Business Opportunities: Materials
Manufacturing
Local manpower
Short supply chain
Local support
Stocker Distributor Programs (commonly used Items)
Supplier Managed Inventory (unique Items)
Services to Saudi Aramco, the Kingdom, and beyond
Business Opportunities: Materials
Success Stories
ABB Electrical Switchgears, Dist Transformers
FLOWSERVE Centrifugal Pumps
ITT Saudi Co Centrifugal Pumps
Erne Fittings Pipe Fittings
Baker Petrolite Oil Field Chemicals
Cameron Drilling (Wellhead)
John Crane Mechanical Seals
Commodities
Chemicals
Drilling
Electrical
Instrumentation
Compressors
Pumps
Turbines
Heat Transfer Equip
Vessels
Pipe Cladding
Pipe Fittings
Valves
Business Opportunities: Services
Pre-sales, installation, commissioning, servicing
Life Cycle Management
Assembly, finishing & testing
Equipment repair & overhaul
Logistics & warehousing
Closing Remarks
What
Invest in Saudi Arabia
When
Now
Why
$100 Billion opportunity
Strong GDP growth
Young educated population
Modern infrastructure
How
Investment Support
Saudi Arabian Government Investment Authority
(SAGIA) www.sagia.gov.sa
Saudi Aramco New Business Development
(NBD) http://www.saudiaramco.com
Doing Business With Saudi Aramco
Thank you
SAGIA www.sagia.gov.sa
NBD www.saudiaramco.com