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THE HUMANRESOURCES CHALLENGEAchieving our commitment to meet the world’s energy needsis possible only through the dedicated efforts of our people.We continue to build on our legacy of success by investing inour people and sharing our expertise with local companies,educational institutions and other domestic stakeholders.As our industry grows more complex, as Saudi Aramcobranches out into new areas, and as the technologieswe employ become more sophisticated, the needincreases for well-trained, highly skilled professionalswho can develop, deploy, adapt and improve on thattechnology. Furthermore, the long-term vitality of theSaudi economy depends on cultivation of a highly skilledworkforce.Our approach to the long-term challenge of talentdevelopment has a new dimension. In July, King ‘AbdAllah entrusted Saudi Aramco with spearheading creationof a new, world-class, research-oriented science andtechnology university in the Kingdom. This institution,the King ‘Abd Allah University of Science andTechnology, will not only produce future leaders inscientific and technological fields, but also strengthenthe country’s research and technology capabilities.Environmental studies have been completed and thepreliminary campus design defined. The university'scharter and an interim organizational structure havebeen created. The university will be built on the Red SeaCoast, near Rabigh, and is scheduled to convene its firstclasses in the fall semester of 2009.In today’s business environment, we need not only goodengineers and skilled technicians, we also need peoplewith highly developed “soft” skills, who can build andlead cross-cultural teams, manage complex initiatives,identify new business opportunities and emergingeconomic trends, and who are equally at home workingin Yokohama or Yanbu‘.As an enterprise whose operations impact the livesof billions of people around the world, it is imperativethat we identify and groom a new generation ofleadership. Each year, managers and division headsapply a rigorous assessment procedure to identify highpotentialindividuals. This process complements ourCorporate, Management and Supervisor AssessmentCenters, run by independent experts, where the leadershippotential of candidates is tested through a series ofdemanding simulations. More than 2,250 participantshave undergone assessment through these centers.We also conduct a number of leadership developmentprograms, including the Saudi Aramco ManagementDevelopment Seminar. In addition, promising individualsare sent to high-level executive programs offered byleading universities around the world.38 SAUDI ARAMCO
OUR WORKFORCE, NEARLY 52,000 STRONG, IS 87 PERCENT SAUDI WITH ROUGHLY 50 NATIONALITIESREPRESENTED IN THE REMAINDER. WE HAVE A RICH LEGACY OF TRAINING AND EDUCATION, ANDTODAY, ALL EMPLOYEES BENEFIT FROM A WIDE ARRAY OF LEARNING OPPORTUNITIES.ANNUAL REVIEW 2006 39
Page 1 and 2: ANNUAL REVIEW 2006taking the initia
Page 3 and 4: 4 Key Figures6 Chairman’s Message
Page 5 and 6: His Royal Highness Amir Sultan Ibn
Page 7 and 8: BOARD OF DIRECTORSFront Row (left t
Page 9: PRESIDENT’S FOREWORDjobs, whateve
Page 12 and 13: TAKING THE INITIATIVEThe challenges
Page 15: World demand for oil is projectedto
Page 18 and 19: THE RESERVES CHALLENGEMAJOR GAS DIS
Page 20 and 21: THE RESERVES CHALLENGEBlock A: LUKO
Page 22 and 23: POWERING THE PLANET, EMPOWERING LIV
Page 24 and 25: THE PRODUCTIONCAPACITY CHALLENGEIn
Page 26 and 27: THE PRODUCTION CAPACITY CHALLENGEAv
Page 28 and 29: THE PRODUCTION CAPACITY CHALLENGETO
Page 32 and 33: THE DOWNSTREAMCHALLENGEThe petroleu
Page 34 and 35: THE DOWNSTREAM CHALLENGEA proposed
Page 36 and 37: THE DOWNSTREAM CHALLENGEHawiyah Gas
Page 42 and 43: THE HUMAN RESOURCES CHALLENGEOTHER
Page 46 and 47: THE COMMUNITYCHALLENGEAll efforts t
Page 48 and 49: THE COMMUNITY CHALLENGEWe also work
Page 52 and 53: SAUDI ARAMCO BY THE NUMBERSRECOVERA
Page 54 and 55: SAUDI ARAMCO BY THE NUMBERSDOMESTIC
Page 56 and 57: CRUDE OIL, NATURAL GAS & REFINED PR
Page 58 and 59: SAUDI ARAMCO BY THE NUMBERSWORKFORC
Page 60 and 61: INTERNATIONAL OPERATIONS5NORTH7 6AM
Page 62 and 63: FROM OUR HEADQUARTERS IN DHAHRAN, A
Page 64: www.saudiaramco.com

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