Saudi Aramco

About Saudi Aramco

The Saudi Arabian Oil Company (Saudi Aramco), the state-owned oil company of the Kingdom of Saudi Arabia, is a fully-integrated, global petroleum enterprise and a world leader in exploration, producing, refining, distribution, shipping and marketing. The company manages proven reserves of 260.1 billion barrels of crude oil and the fourth-largest gas reserves in the world, 275.2 trillion cubic feet. Saudi Aramco, headquartered in Dhahran, employs more than 56,000 people and its operations span the Kingdom, with production and product distribution facilities linking all market areas. Major export shipping terminals are located at ports on the Arabian Gulf and the Red Sea, while domestic demand for automotive and aviation products is met through a Kingdom-wide network of strategically situated refineries.

Project Scope

Saudi Aramco has chosen Quintiq’s Vessel Scheduling solution for its shipping operations. The Quintiq solution will support the daily scheduling of vessels and ensure the short-term operating plan is optimized to minimize costs. This is done while taking into account constraints such as vessel-berth compatibility, bulk plant limitations, monthly production targets and inventory levels. Additionally, the software will streamline the process of ship scheduling and ensure optimal fleet deployment.