Year in Pictures: 2021 a year to be proud of
Despite the ongoing challenges posed by the COVID-19 pandemic, it was another year for Aramco to take pride in.
It was another year of achievements for Aramco as the company launched a number of initiatives and projects. As always, the safety and welfare of employees remains the company’s top priority, and in early 2021, employees and their eligible dependents were able to access JHAH vaccination centers to receive their COVID-19 vaccinations.
From impressive year-on-year financial results to multibillion dollar pipeline deals, the company continued to show resilience in the face of challenging market conditions with employees leading the way on all fronts. The company’s global brand was exposed to millions of sports fans through the Aramco Team Series Golf tournament, and the globally popular Formula 1 saw the company as one of several global partners, showcasing Aramco’s brand to new audiences.
Another year for Aramcons to be proud of.
Aramco’s new Mangrove Eco-Park opened in January near Ras Tanura. The park protects one of the last naturally occurring mangrove forests in the Eastern Province and stands at 63 km2.
Dammam-7 supercomputer is a game changer with a computing capability of 55.4 petaflops and is regarded as being among the top 10 supercomputers in the world.
In January, six Aramco departments received recognition for institutional excellence at the King Abdulaziz Quality Awards, they were East-West Pipelines; Hawiyah Gas Pant; Khurais Production; Yanbu’ Refinery; Mechanical Services Shops; and Computer Operations.
In February, Downstream launched its transformation with a focus on competitiveness, particularly in financial performance, ways of working, and capabilities.
In February, JHAH launched its COVID-19 Vaccination program for Aramco employees and eligible dependents, being the first company from the business sector to deliver an in-house vaccination program.
In April, Aramco agreed to a $12.4 billion pipelines deal with a consortium led by EIG Global Energy Partners (EIG).
In July, Aramco launched its Aramco Team Series golf tournament reinforcing female empowerment in sport. The series saw action in the U.K., Spain, the USA, and Saudi Arabia.
In August, Aramco’s second quarter and half year results show income rise by 288% and free cash flow is up by 270% year over year.
In September, Aramco launched its Namaat program — its industrial investment program focusing on world-class industrial partnerships in Sustainability, Technology, Industrials, and Advanced Materials.
In September, the company signed asset acquisition and project financing agreements for $12 billion for a joint venture in Jazan for an air separation unit.
In October, Aramco announced its ambition to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly owned operated assets by 2050.
In October, Aramco and TotalEnergies launch the first two service stations of a joint retails network in Riyadh and Saihat.
In November, the company announced its quarter three results, which saw the company’s net income rise 158% year over year.
In December, Aramco awarded contracts worth $10 billion to develop the vast Jafurah unconventional gas field.
History was made in Jiddah in December when the Kingdom hosted its first ever Formula 1 Grand Prix with Aramco as one of several global partners.
Aramco chose the day of the Kingdom’s historic Formula 1 Grand Prix in Jiddah to announce its entry into the lubricants market with a new line of lubricant products under the orizon brand.