Middle East / Africa

Saudi Arabia flag
Summary | Profile

Country profile: Saudi Arabia

Location: Middle East, bordering the Persian Gulf and the Red Sea, north of Yemen
Climate: harsh, dry desert with great temperature extremes
Terrain: mostly uninhabited, sandy desert
Size: 2149690 sq. km total (Land area: 2149690 sq. km  Water area: sq.km)
Population: 28,146,656
Languages: Arabic
Government: monarchy
Capital city: Riyadh
Legal system: Arabic
Currency: Saudi riyal (SAR)

Country profile

Energy production and consumption

Oil Gas
Production: 11 million NaN 
Consumption: NaN  NaN 
Exports: NaN  NaN 
Imports: NaN  NaN 
Reserves: NaN  NaN 
Major fields:

Saudi Arabia - recent news

21 Apr 21
Welltec signs Long-Form Contract with Saudi Aramco
Welltec has announced the agreement of a Long-Form Contract (LFC) with Saudi Aramco. Following an extensive approval process, the deal will see Welltec deliver Completion products and services across the Saudi Aramco portfolio in any environment.
12 Apr 21
Saudi Arabia: Public Investment Fund (PIF) reaches major milestone in landmark Solar PV project
Sudair Solar PV project is set to become one of the world’s largest Solar PV plants by capacity and Saudi Arabia’s largest. The project is considered a key achievement towards PIF’s commitment to develop 70% of Saudi Arabia’s renewable energy by 2030.
12 Apr 21
Saudi Arabia: ACWA Power inaugurates KSA’s first utility scale renewable energy project
ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants,has announced the official inauguration of the 300 MW Sakaka PV IPP, KSA’s first utility scale renewable energy project, at an investment value of 1.2 billion Saudi riyals.
12 Apr 21
Saudi Arabia: Aramco signs $12.4 billion infrastructure investment deal with EIG-led consortium
Aramco has signed a deal with a consortium led by EIG Global Energy Partners, one of the world’s leading energy infrastructure investors, to optimize its assets through a lease-and-lease-back agreement involving its stabilized crude oil pipeline network.
22 Mar 21
Aramco announces full-year 2020 results
The Saudi Arabian Oil Company ('Aramco') has announced its full-year 2020 results. 2021 capex expected to be around $35 billion.

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