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Milestones

1930s | 1940s | 1950s | 1960s | 1970s | 1980s | 1990s | 2000s

2009

Saudi Aramco reaches 12 million bpd in maximum sustainable oil production capacity after the startups of the Khurais and Nuayyin increments, and Shaybah expansion project. Khurais alone adds 1.2 million bpd to production capacity and is the biggest integrated upstream project in the history of the company and the entire oil industry.

2008

Saudi Aramco celebrates its 75th Anniversary and, as a gift to the people of Saudi Arabia, launches a project to build the King Abdulaziz Center for World Culture in Dhahran.

2007

Saudi Aramco begins a program to build a world-class graduate research university, the King Abdullah University of Science and Technology, in Thuwal near Rabigh on the Red Sea coast.

2006

The Haradh III Crude Oil Increment comes on stream with a capacity of 300,000 bpd.

2005

Saudi Aramco and Sumitomo Chemical Co., Ltd. Of Japan sign a joint-venture agreement to develop a large, integrated refinery and petrochemical complex in Rabigh.

2004

Qatif Producing Plants begins operations with a crude oil production capacity of 800,000 bpd.

2003

Haradh Gas Plant, able to process up to 1.6 billion scfd of non-associated gas, is completed two and half months ahead of schedule.

2001

Hawiyah Gas Plant, capable of processing up to 1.6 billion standard cubic feet (scfd) of non-associated gas, comes on stream.

2000

Aramco Gulf Operations Company Limited (AGOC) is established to assume management of the government's oil interest in the offshore Neutral Zone between Saudi Arabia and Kuwait.

1998

Saudi Aramco, Texaco, and Shell establish Motiva Enterprises LLC., superseding Star Enterprise.

The Shaybah oil field in the Rub' al-Khali desert, one of the largest projects of its kind in the world, goes on stream. The Dhahran-Riyadh-Qasim multiproduct pipeline and the Ras Tanura Upgrade project are completed.

1996

Company assumes controlling interest in two Jiddah-based lubricants companies, now known as Saudi Aramco Lubricating Oil Refining Company (Luberef) and Saudi Arabian Lubricating Oil Company (Petrolube).

1995

Company completes program to build 15 very large crude carriers. Saudi Aramco president and CEO Ali I. Al-Naimi is named Kingdom's Minister of Petroleum and Mineral Resources.

1994

Maximum sustainable crude-oil production capacity is returned to 10 million bpd.

1993

Saudi Aramco takes charge of Kingdom's domestic refining, marketing, distribution and joint-venture refining interests.

1991

Company plays a major role in combating the Gulf oil spill.

1989

High-quality oil and gas are discovered south of Riyadh, the first find outside the company's original operating area. Saudi Aramco and Texaco launch the Star Enterprise refining and marketing joint venture in the United States.

1988

Saudi Arabian Oil Company, or Saudi Aramco, is established.

1987

East-West Crude Oil Pipeline expansion is completed, boosting capacity to 3.2 million bpd.

1984

Company acquires its first four supertankers.

1982

The Exploration and Petroleum Engineering Center (EXPEC) opens in Dhahran.

1981

The East-West NGL Pipeline links the Eastern Province with Yanbu', on the Red Sea.

1980

Saudi Arabian government acquires 100 percent participation interest in Aramco, purchasing almost all of the company's assets.

1975

Master Gas System project is launched.

1973

Saudi Arabian government acquires a 25 percent participation interest in Aramco.

1966

Tankers begin calling at "Sea Island," new offshore crude oil loading platform off Ras Tanura.

1961

Liquefied petroleum gas (LPG) – propane and butane – is first processed at Ras Tanura and then shipped to customers.

1956

Aramco confirms scale of Ghawar and Safaniya, world's largest oil field and largest offshore field, respectively.

1951

Safaniya field, the world's largest offshore oil field, is discovered.

1950

1,700-kilometer Trans-Arabian Pipe Line (TAPLINE) is completed, linking Eastern Province oil fields to Lebanon and the Mediterranean.

1948

Standard Oil of New Jersey and Socony-Vacuum Oil (both now ExxonMobil) join SOCAL and Texaco as owners of Aramco.

1945

Ras Tanura Refinery begins operations.

1944

CASOC changes its name to Arabian American Oil Company (Aramco).

1939

First tanker load of petroleum is exported.

1936

Texas Company (later Texaco) acquires 50 percent interest in SOCAL's concession.

1933

Saudi Arabia grants oil concession to Standard Oil of California (SOCAL, now Chevron). Oil prospecting begins on Kingdom's east coast. SOCAL creates a subsidiary, California Arabian Standard Oil Co. (CASOC), to manage the concession.

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