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Definition | : | Arabian American Oil Company |
Category | : | Governmental » Firms & Organizations |
Country/ Region |
: | Worldwide
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Popularity | : |
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Arabian American Oil Company (Aramco), now officially Saudi Aramco, is the state-owned national oil company of Saudi Arabia.
Aramco was founded by the Standard Oil Co. of California when the government of Saudi Arabia granted it a concession. Later the Saudi Arabian government took over Aramco and renamed it Saudi Aramco.
The full form of Aramco is Arabian American Oil Company