Opportunities in Oil & Gas

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Munir Rafie, Vice President of Materials Supply, Saudi Aramco's presentation at the 2010 U.S.-Saudi Business Opportunities Forum in Chicago, IL.

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Opportunities in Oil & Gas

  1. 1. US / Saudi Business Opportunities Forum Opportunities in Oil & Gas Munir M. Rafie
  2. 2. Objective  $100 Billion expenditure program  Share business opportunities information
  3. 3. Saudi Arabia Energy to the World  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
  4. 4. Business Environment: Infrastructure Technologies & Transportation & Education & Health Utilities Communications Logistics Airports Electricity New Technologies Roads
  5. 5. Business Environment: Demographics Population (Millions) 40 35 30 25 20 15 10 5 0 1980 2000 2005 2010 2015 2020 Young, educated current & future workforce
  6. 6. Saudi Aramco  Daily Capacity:  Oil: 12 million barrels  Gas: 11 billion cubic feet  Domestic Refining Capacity:  1.9 million bbd refined product World’s Largest Integrated Oil & Gas Company
  7. 7. Planned Expenditures  Upstream Maintain Potential  Downstream Refining & Petrochemicals Materials: $50 Billion+ Services: $50 Billion+
  8. 8. 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
  9. 9. Business Opportunities: Materials Commodities Success Stories Chemicals ABB Electrical Switchgears, Dist Transformers Drilling FLOWSERVE Centrifugal Pumps Electrical Instrumentation ITT Saudi Co Centrifugal Pumps Compressors Erne Fittings Pipe Fittings Pumps Baker Petrolite Oil Field Chemicals Turbines Heat Transfer Equip Cameron Drilling (Wellhead) Vessels John Crane Mechanical Seals Pipe Cladding Pipe Fittings Valves
  10. 10. Business Opportunities: Services Pre-sales, installation, commissioning, servicing  Life Cycle Management Assembly, finishing & testing Equipment repair & overhaul Logistics & warehousing
  11. 11. Closing Remarks What  Invest in Saudi Arabia When  Now Why  $100 Billion opportunity  Strong GDP growth  Young educated population  Modern infrastructure How
  12. 12. 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
  13. 13. Thank youSAGIA www.sagia.gov.saNBD www.saudiaramco.com

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