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Executive Summary

This report provides a strategic and international management analysis of Saudi Aramco, the world’s largest integrated energy and chemicals company. The study begins by reviewing Aramco’s current Vision and Mission statements, recommending minor adjustments to reflect its growing emphasis on sustainability and global diversification. An internal analysis reveals Aramco’s key strengths, including its unrivalled oil reserves, strong financial performance, and advanced technological capabilities, while identifying weaknesses such as overdependence on crude oil revenues and exposure to geopolitical risks.

A market map is created to illustrate Aramco’s diverse customer segments and geographic markets, followed by an external analysis of the Asian market, a region critical to Aramco’s growth. Using PESTEL and Porter’s Five Forces, the report identifies trends such as energy transition pressures and regional competition.

Furthermore, key recommendations are proposed based on the key findings of the report;

• Accelerate investment in renewable energy projects, particularly in solar and hydrogen, to reduce overdependence on crude oil revenues and align with global energy transition trends.
• Expand joint ventures and strategic alliances with Asian refineries, petrochemical firms, and technology companies to secure long-term market access and enhance downstream integration.
• Develop more robust geopolitical risk frameworks and supply chain contingency plans, particularly in politically sensitive regions, to safeguard operational continuity.
• Invest in advanced digital technologies such as AI-driven supply chain management and predictive maintenance across its Asian facilities to improve operational efficiency, lower costs, and enhance the company’s ability to respond swiftly to market disruptions.

Contents

1.0 Introduction. 3

2.0 Vision and Mission Statement of Saudi Aramco. 5

3.0 Saudi Aramco’s Internal Analysis 5

4.0 Saudi Aramco’s Current Market Map. 10

4.1 Geographic Markets. 11

4.2 Customer Segments 11

4.3 Product and Service Categories. 12

5.0 External Analysis. 12

5.1 Porter’s Five Forces Analysis. 12

5.2 PESTEL Analysis. 14

6.0 Strategic Priority for Aramco’s Asian Market 15

6.1 SWOT Analysis for Aramco’s Asian Market 16

7.0 Recommendations. 17

8.0 Conclusion. 18

References 20

Figure 1: Core Business Areas of Saudi Aramco. 4

Figure 2: An illustration of Saudi Aramco as the world’s biggest oil producer 7

Figure 3: Aramco’s net income (FY 2019-2022) 8

Figure 4: Aramco’s Sources of Revenue. 9

Figure 5: Saudi Aramco Current Market map. 10

Figure 6: Porter’s Five Forces Analysis. 13

Figure 7: A SWOT Analysis for the Aramco’s Asian Market 16

Table 1: Saudi Aramco’s Internal Analysis. 6

Table 2: PESTLE Analysis for Aramco’s Asian Market 15

1.0 Introduction

This report presents a strategic and international management analysis of Saudi Aramco, the world’s largest integrated energy and chemicals company. Headquartered in Dhahran, Saudi Arabia, Aramco operates across a wide range of markets and industries, with a core business in the exploration, production, refining, and distribution of petroleum and petrochemical products summarised in Figure 1.

Figure 1: Core Business Areas of Saudi Aramco

Source: Aramco (2025)

In recent years, the company has increasingly focused on energy transition and diversifying its portfolio beyond hydrocarbons to remain competitive in a rapidly changing global market (Aramco, 2025).

The scope of this report includes a review of Aramco’s current Vision and Mission statements, offering recommendations where necessary to reflect the organisation’s evolving priorities. An internal analysis is conducted to identify key strengths and weaknesses that shape Aramco’s strategic position. Additionally, a comprehensive market map outlines the various customer segments and geographic markets served by Aramco’s existing products and services.

Focusing on the Asian market, one of Aramco’s largest and most strategically important regions, the report performs an external analysis using PESTEL and Porter’s Five Forces frameworks to identify key trends, opportunities, and threats. Finally, based on these findings, strategic priorities and actionable recommendations are proposed to enhance Aramco’s competitive position and long-term resilience in the global energy sector.

2.0 Vision and Mission Statement of Saudi Aramco

Saudi Aramco’s corporate purpose and long-term strategy are guided by its Vision and Mission statements, which outline the company’s ambitions and operational values. The current Vision statement reads: “To be the world’s leading integrated energy and chemicals company, operating in a safe, sustainable, and reliable manner.” Meanwhile, its Mission statement states: “Delivering reliable energy and chemical products that drive global commerce and enhance the lives of people around the world.” Both statements clearly reflect Aramco’s position as a global energy leader, with a focus on operational excellence, reliability, and contributing to economic progress through energy supply (Saudi Aramco, 2025). They emphasise safety and sustainability, although these are presented in a relatively broad context, primarily connected to existing hydrocarbon operations.

However, considering the global shift toward renewable energy,……….

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