As part of its plan to achieve its long-term strategy across its global portfolio and value chain, Saudi Aramco announced the creation of two new positions:
Both of them, along with the executive vice presidents, are administratively linked to the company’s president and chief executive officer. Nasser bin Khalid Al-Nuaimi was appointed as President of Exploration and Production, and Mohammed bin Yahya Al-Qahtani as President of Refining, Chemicals and Marketing. Chief Executive Officer, Refining, Chemicals and Marketing).
On this occasion, the President and Chief Executive Officer of Saudi Aramco, Eng. Amin bin Hassan Al-Nasser, said: “I am pleased to announce these positions, which confirm our focus on our business system in both the exploration and production, refining, chemicals and marketing sectors, as Saudi Aramco continues its efforts to transform to meet the requirements of energy in the world. We expect this decision to help enhance operational and financial performance, and support the growth of our capabilities in the exploration and production sector and our expansion in the refining, chemicals and marketing sector, in addition to our ambition to reach zero neutrality for Domains (1 and 2) and reduce greenhouse gas emissions in the facilities owned and operated by the company. fully by 2050. We also continue our efforts in innovations and identifying ways to improve performance within the Saudi Aramco group, and I am confident that these positions that have been created will help us achieve our goals.”
It is noteworthy that Nasser Al-Naimi has held the position of Executive Vice President for Exploration and Production since April 1, 2021, while Muhammad Al-Qahtani has held the position of Executive Vice President for Refining, Chemicals and Marketing since September 13, 2020.