BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
Opportunities in Oil & Gas
1. US / Saudi Business Opportunities Forum
Opportunities in Oil & Gas
Munir M. Rafie
2. Objective
$100 Billion expenditure program
Share business opportunities information
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. Business Environment: Infrastructure
Technologies & Transportation &
Education & Health Utilities
Communications Logistics
Airports Electricity New Technologies Roads
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. 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
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. 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
11. Closing Remarks
What
Invest in Saudi Arabia
When
Now
Why
$100 Billion opportunity
Strong GDP growth
Young educated population
Modern infrastructure
How
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