How Aramco became synonymous with the time-tested Saudi-US partnershipDHAHRAN: Saudi Aramco has become synonymous with the longstanding partnership between the Kingdom and the US, and is arguably one of the world’s most successful financial collaborations. A subsidiary company, the California Arabian Standard Oil Company, was created to manage that agreement. With the advent of computational power from IBM and Cray in the 1990s and early 2000s, Aramco was able to deploy 3D seismic technology. In 1988, the Saudi Arabian Oil Company, or Aramco, was born and Ali Al-Naimi famously became the first Saudi president and CEO. The magazine rebranded as Saudi Aramco World in 2000 and renamed AramcoWorld in 2015.
