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US / Saudi Business Opportunities Forum Opportunities in Oil & Gas Munir M. Rafie

Opportunities in Oil & Gas

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Munir Rafie, Vice President of Materials Supply, Saudi Aramco's presentation at the 2010 U.S.-Saudi Business Opportunities Forum in Chicago, IL.

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Page 1: Opportunities in Oil & Gas

US / Saudi Business Opportunities Forum

Opportunities in Oil & Gas

Munir M. Rafie

Page 2: Opportunities in Oil & Gas

Objective

$100 Billion expenditure program

Share business opportunities information

Page 3: Opportunities in Oil & Gas

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

Energy to the World

Saudi Arabia

Page 4: Opportunities in Oil & Gas

Business Environment: Infrastructure

Technologies & Communications

Transportation & Logistics

Education & Health Utilities

Airports Electricity New Technologies Roads

Page 5: Opportunities in Oil & Gas

Business Environment: Demographics

1980 2000 2005 2010 2015 20200

5

10

15

20

25

30

35

40

Population (Millions)

Young, educated current & future workforce

Page 6: Opportunities in Oil & Gas

Saudi Aramco

World’s Largest Integrated Oil & Gas

Company

Daily Capacity:

Oil: 12 million barrels

Gas: 11 billion cubic feet

Domestic Refining Capacity:

1.9 million bbd refined product

Page 7: Opportunities in Oil & Gas

Planned ExpendituresUpstream Maintain

Potential

Downstream Refining & Petrochemicals

Materials: $50 Billion+

Services: $50 Billion+

Page 8: Opportunities in Oil & Gas

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

Page 9: Opportunities in Oil & Gas

Business Opportunities: Materials

Success Stories

ABB Electrical Switchgears, Dist Transformers

FLOWSERVE Centrifugal Pumps

ITT Saudi Co Centrifugal Pumps

Erne Fittings Pipe Fittings

Baker Petrolite Oil Field Chemicals

Cameron Drilling (Wellhead)

John Crane Mechanical Seals

Commodities

Chemicals

Drilling

Electrical

Instrumentation

Compressors

Pumps

Turbines

Heat Transfer Equip

Vessels

Pipe Cladding

Pipe Fittings

Valves

Page 10: Opportunities in Oil & Gas

Business Opportunities: Services

Pre-sales, installation, commissioning, servicing

Life Cycle Management

Assembly, finishing & testing

Equipment repair & overhaul

Logistics & warehousing

Page 11: Opportunities in Oil & Gas

Closing Remarks

What

Invest in Saudi Arabia

When

Now

Why

$100 Billion opportunity

Strong GDP growth

Young educated population

Modern infrastructure

How

Page 12: Opportunities in Oil & Gas

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

Page 13: Opportunities in Oil & Gas

Thank you

SAGIA www.sagia.gov.sa

NBD www.saudiaramco.com