About Aramco Gulf Operations Company
Following termination of the Arabian Oil Company concession agreement with the Kingdom of Saudi Arabia on February 27,2000, Aramco Gulf Operations Company (AGOC) commenced its activities on February 28, 2000. AGOC took over the Saudi Government share of oil production and other hydrocarbon products in the divided zone, comprising four oil fields: Khafji, Hout, Lulu and Dorra.
Aramco Gulf Operations Company is incorporated as 100% subsidiary of the Kingdom’s national oil company Saudi Aramco and operates as an independent entity with its own Board of Directors, responsible to Saudi Aramco as shareholder.
Hence, it is with pride and a history of achievement,that AGOC acknowledges February 28 2010 as its tenth anniversary.President & CEO Message Our History
AGOC has been recently engaged in a major review of its company strategy and we are pleased to outline our Strategy Option, being those objectives, which form AGOC's strategic focus.
AGOC believe that the above Strategy Option will result in a strongly performing, standalone KJO organization, prepared to face future challenges with oil and gas exploration and production in Al Khafji. Outcomes from the strategic planning process will be incorporated into an annually updated, Operational Plan and Business Plan. The Business Plan is based upon a five-year forecast and incorporates partitioned Neutral Zone operational strategies.