Amin Naseer | Gulf Business
  • العربية

8. Amin Naseer

President and CEO, Aramco

Origin: Saudi Arabia

Residence: Saudi Arabia

Sector: Energy

2024 Rank: 6

In four decades, Nasser has driven significant expansion at Aramco, the world’s largest integrated oil and gas company. He has overseen strategic acquisitions, including Valvoline Global Operations. Aramco’s 2024 revenue was $436bn, compared to $440.88bn in 2023.

The decrease was primarily driven by lower revenue and other income related to sales, higher operating costs. Despite this, Aramco maintains a significant market value, placing it among the world’s most valuable companies. Its sukuk issuance

in 2024 raised $3bn, showcasing strong investor confidence. Aramco maintains 99.7 per cent reliability as a crude oil supplier, advancing upstream projects to increase production capacity. The company is expanding its downstream and petrochemical operations, targeting four million barrels per day by 2030.

 

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