US / Saudi Business Opportunities Forum Opportunities in Oil & Gas Munir M. Rafie Objective $100 Billion expenditure program Share business opportunities information Saudi Arabia Energy to the World 260 Billion barrels of oil reserves (25% of global total) 263 trillion cubic feet of gas reserves Best country for doing business: 13th of 181 Business Environment: Infrastructure Technologies & Communications Transportation & Logistics Education & Health Utilities Airports Electricity New Technologies Roads Business Environment: Demographics Young, educated current & future workforce Saudi Aramco Daily Capacity: Oil: 12 million barrels Gas: 11 billion cubic feet Domestic Refining Capacity: 1.9 million bbd refined product World’s Largest Integrated Oil & Gas Company Planned Expenditures Upstream Maintain Potential Downstream Refining & Petrochemicals Materials: $50 Billion+ Services: $50 Billion+ Business Opportunities: Materials Manufacturing Local manpower Short supply chain Local support Stocker Distributor Programs (commonly used Items) Supplier Managed Inventory (unique Items) Services to Saudi Aramco, the Kingdom, and beyond Business Opportunities: Materials Commodities Chemicals Success Stories ABB Electrical Switchgears, Dist Transformers Electrical FLOWSERVE Centrifugal Pumps Instrumentation ITT Saudi Co Centrifugal Pumps Erne Fittings Pipe Fittings Baker Petrolite Oil Field Chemicals Heat Transfer Equip Cameron Drilling (Wellhead) Vessels John Crane Mechanical Seals Drilling Compressors Pumps Turbines Pipe Cladding Pipe Fittings Valves Business Opportunities: Services Pre-sales, installation, commissioning, servicing Life Cycle Management Assembly, finishing & testing Equipment repair & overhaul Logistics & warehousing Closing Remarks What Invest in Saudi Arabia When Now Why $100 Billion opportunity Strong GDP growth Young educated population Modern infrastructure How Investment Support Saudi Arabian Government Investment Authority (SAGIA) www.sagia.gov.sa Saudi Aramco New Business Development (NBD) http://www.saudiaramco.com Doing Business With Saudi Aramco Thank you SAGIA www.sagia.gov.sa NBD www.saudiaramco.com