Showing posts with label Saudi Arabia. Show all posts
Showing posts with label Saudi Arabia. Show all posts

Tuesday, September 20, 2011

Carrefour

YOKOHAMA, JAPAN - SEPTEMBER 14: (L-R) Fashion ...Image by Getty Images via @daylife
arrefour S.A. (French pronunciation: [kaʁfuʁ]) is an international hypermarket chain headquartered in Levallois-Perret, France.[2] It is one of the largest hypermarket chains in the world (1395 hypermarkets at the end of 2009, the second largest retail group in the world in terms of revenue and third largest in profit after Wal-Mart and Tesco). Carrefour operates mainly in Europe, Argentina, Brazil, China, Taiwan, Colombia, Dominican Republic, and in Saudi Arabia, but also has shops in North Africa and other parts of Asia, with most stores being of smaller size than hypermarket or even supermarket. Carrefour means "crossroads" in French.
Contents [hide]
1 History
2 Slogans
3 French Slogan
4 French operations
5 International operations
5.1 Bahrain
5.2 China
5.3 Egypt
5.4 Morocco
5.5 India
5.6 Iraq
5.7 Jordan
5.8 Kuwait
5.9 Taiwan
5.10 Saudi Arabia
5.11 Oman
5.12 United Arab Emirates
5.13 United Kingdom
5.14 Previous Operations
5.15 Africa
5.16 Europe
5.17 Americas
6 Store brands
7 Criticism and controversies
8 Boycott of supplies in China
9 Former countries
10 See also
11 References
12 External links
[edit]History

The first Carrefour store opened on January 1rst, 1958, in suburban Annecy near a crossroads (carrefour in French). The group was created by Marcel Fournier, Denis Defforey and Jacques Defforey and grew into a chain from this first sales outlet. In 1999 it merged with Promodès, known as Continent, one of its major competitors in the French market.
Marcel Fournier, Denis Defforey and Jacques Defforey had attended several seminars in the United States led by "The Pope of modern distribution" Bernardo Trujillo, who influenced other famous French executives like Édouard Leclerc (E.Leclerc), Gérard Mulliez (Auchan), Paul Dubrule (Accor), and Gérard Pélisson (Accor). Their slogan was "No parking, no business."
The Carrefour group was the first in Europe to open a hypermarket, a large supermarket and a department store under the same roof. They opened their first hypermarket June 15, 1963 in Sainte-Geneviève-des-Bois, near Paris in France.[3]


Carrefour's trading logo
In April 1976, Carrefour launched a private label Produits libres (free products – libre meaning free in the sense of liberty as opposed to gratis) line of fifty foodstuffs, including oil, biscuits (crackers and cookies), milk, and pasta, sold in unbranded white packages at substantially lower prices.
In September 2009, Carrefour updated its logo.[4]
May 2011: Considering the stagnant growth and has faced increased competition in France from rivals including Casino Guichard-Perrachon SA, Carrefour will expense 1.5 billion-euro ($2.1 billion) to change the supermarket with new concept as Carrefour Planet in Western Europe.[5]
[edit]Slogans



Carrefour Batu Pahat, Malaysia, which is located in Taman Flora Utama
Hypermarkets: "Choice and quality for everyone"
Hypermarkets: "Está bueno para vos" and "Los precios más bajos, siempre" (Argentina), it means "It's good for you" and "Always the lowest prices" respectively.
Hypermarkets: "Bons momentos começam aqui." and "É lá que a gente vai encontrar!" (Brazil), it means "Good moments start here" and "That's where we will find!" respectively. "
Hypermarkets: "Life, the way I want it"(Singapore)
Hypermarkets: "Untuk hidup yang lebih baik" (Indonesia), it means "For a better life"
Hypermarkets: "Pentru o viaţă mai bună" (Romania), it means "For a better life"
Supermarkets: "The prices people want, close to home"
Hard Discount: "Grocery products at low, low prices"
Convenience Stores: "Just what you need, right next door"
Cash & Carry: "Proximity and accessibility for catering professionals"
Hypermarkets, Cash & Carry: "Καθε μέρα για σένα"(Cyprus) means "Every day, for you"
Hypermarkets: "Pozytywnie każdego dnia" (Poland), it means "Positively every day"
[edit]French Slogan

1988-2003 : "I am positive with Carrefour"
2003-2007 : "Energy Wise"
2007-2009 : "The quality for all"
2009-2010 : "The positive is back"
Since 2010 : "The positive every day"
February 2 , 1998 to July 23, 2004 , Carrefour was a partner in the program Le Bigdil presented by Lagaf' , he has the same age as the store ans the group's slogan "Carrefour partrner of the Bigdil" at the end the issue "Was the Bigdil on TF1 with Carrefour".
[edit]French operations

The chain's Carrefour Hypermarket division has its head office in Courcouronnes, Essonne, France, near Évry.[6]
[edit]International operations

[edit]Bahrain
Carrefour has also opened a franchise owned branch in the Bahrain City Centre in 2008.
[edit]China
In 2007, expansion accelerated outside France, particularly in Asia, with the building of 36 new hypermarkets, including 22 in China – where the Group broke its record for store openings in a one-year period.It was the leading foreign retailer, in terms of sales figures, until 2008 and has since lost its #1 position to RT-mart.


78th store of Carrefour China – ZhongShanPark, Shanghai, open June 6, 2006.
[edit]Egypt
Carrefour has seven outlets under franchise in Egypt, which are often situated in shopping malls and frequented by the Egyptian upper class. The location in Alexandria was severely looted during the Egyptian Revolution of 2011.
[edit]Morocco
Carrefour has 3 hypermarkets in Morocco. Carrefour maroc is a partner of Label'vie, a Moroccan supermarket chain. Carrefour is still expanding it's presents in Morocco by opening supermarkets. (Carrefour Market)
[edit]India
The new store, Carrefour Wholesale Cash&Carry in Seelampur area of New Delhi is spread across 5,200 square meter and will house over 10,000 stock-keeping units to cater to professional businesses, institutions, restaurants and local retailers. Since the FDI policy in India does not allow foreign companies to open multi-brand retail stores in the country, global retailers have opted for the cash-and-carry route to establish their presence here. India currently allows 51 per cent foreign direct investment (FDI) in single-brand retail and 100 per cent in the cash-and-carry segment, but none in multi-brand retail. currently indian government give nod for 100 percent FDI in multi brand retail.
[edit]Iraq
Carrefour is to open 5 stores in Iraq in the city of Erbil in 2011.
[edit]Jordan
Carrefour also operates in the United Arab Emirates and Jordan in a joint venture with Majid al Futtaim.[7]
[edit]Kuwait
In March 2007, Carrefour opened a store in Kuwait in the Avenues mall.
[edit]Taiwan
In 1989, Carrefour became the first international retailer to establish a presence in Asia when it entered Taiwan through a joint venture with Uni President Enterprises Corporation. It leveraged the experience it gathered in Taiwan to expand into other Asian markets.
[edit]Saudi Arabia
Carrefour also has 11 franchise operated hypermarkets in Saudi Arabia, with 5 of them being in the capital Riyadh itself.
[edit]Oman
In Oman, Carrefour opened a store in 2003 on the outskirts of the city of Muscat. And in 2008, another branch opened in Qurum. In May 2011 Carrefour opened a store in the Safeer Mall in Sohar.
[edit]United Arab Emirates
Carrefour also operates in the United Arab Emirates and Jordan in a joint venture with Majid al Futtaim.[7]
[edit]United Kingdom
Carrefour had several hypermarkets in the UK until the 1980s. They were located in Leyland[8], Caerphilly (South Wales), Merry Hill in Dudley, Sutton Coldfield (Birmingham), Glasshoughton (near Castleford), Eastleigh (near Southampton), MetroCentre in Gateshead, Telford Shopping Centre (Shropshire), Boroughbridge (North Yorkshire), Swindon and Cribbs Causeway in Bristol. All stores were later acquired by the Dee Corporation, but continued to trade as Carrefour for some time before being converted to Gateway Superstores. Today many of the old Carrefour stores in the UK are branches of Asda.[original research?]
As of July 14, 2011, a range of Carrefour's products are sold in the UK via Ocado.[9]
[edit]Previous Operations
In 2006, Carrefour decided to sell all 16 stores in Korea to E-Land and exited their business in Korea. In 2010, Carrefour decided to leave Malaysia, Singapore, and Thailand. However, in November 2010, Carrefour decided to sell its Thailand operations, but the Malaysian and Singaporean operation, will retain.[10]
Country First store Hypermarkets Supermarkets Hard Discounters Cash & Carry
India 2010 1 - - 1
China 1995 184 - -
Indonesia 1998 84 15 -
Bahrain 2008 1 - -
Japan 2000 7 - -
Jordan 2007 1 3 -
Kuwait 2007 2 - -
Malaysia 1994 22 5 -
Oman 2000 2 - -
Pakistan 2009 1 - -
Iran 2009 1 - -
Qatar 2000 3 - -
Saudi Arabia 2004 11 - -
Singapore 1997 2 - -
Syria 2009 1 - -
Taiwan 1989 64 - -
United Arab Emirates[11] 1995 11 2 -
[edit]Africa
Country First store Hypermarkets Supermarkets Hard Discounters
Egypt 2002 4 5
Morocco 2009 3 2
Tunisia 2001 1 2
Algeria 2005 Closed -
Carrefour has left Algeria in 2009, and opened in Morocco.
[edit]Europe
Country First store Hypermarkets Supermarkets Hard Discounters Convenience Stores Cash & Carry
Azerbaijan 2010 3 3 - -
Belgium 2000 56 280 - 257
Bulgaria 2009 5 1 - -
Cyprus 2006 7 8 - -
France 1960 218 1,021 897 3,245 134
Greece 1991 28 210 397 216
Italy 1993 59 485 - 1,015 20
Monaco - - 1 - -
Poland 1997 72 277 - 5
Portugal 1991 - - 365 -
Romania 2001 32 32 - -
Spain 1973 161 87 2,912 3
Slovakia 1998 4 - - -
Turkey 1993 19 99 519 -
United Kingdom/Ireland - - - - -


Carrefour has 161 hypermarkets in Spain, is the second most important country of the Carrefour's group, also they have arround 2000 supermarkets
On October 15, 2009, Carrefour announced plans to sell its Russian business, citing "absence of sufficient organic growth and acquisition opportunities".[12]
[edit]Americas
Carrefour has a presence in 4 countries in the Americas: Brazil, Argentina, Colombia, and the Dominican Republic. Carrefour is active in 3 types of retail distribution: hypermarkets, supermarkets and hard discounters, and entered the Cash & Carry market in Brazil, after the purchase of Atacadão.[13] Carrefour was also active in Mexico between 1995 and 2005, when the 29 hypermarkets opened at the moment were sold to Chedraui.
Country First store Hypermarkets Supermarkets Hard Discounters Convenience Stores Cash & Carry
Argentina 1982 59 103 395 - -
Brazil 1975 150 38 300 5 34
Colombia 1998 74 - - 8 3
Dominican Republic 2000 5 10 - 20 85
[edit]Store brands



8 à Huit store in Étretat
Hypermarkets
Carrefour, Atacadão, Hyperstar.
Supermarkets
Carrefour Bairro, Carrefour Express, Carrefour Market (Formerly Champion as of 2008), Champion Mapinomovaoe, Globi, GB, GS, Carrefour mini, Gima.
Hard discount stores
Dia, Ed, Minipreço.
Convenience stores
Carrefour City, 5 minutes, 8 à Huit, Marche Plus, Proxi (supermarket), Sherpa, Dìperdì, Smile Market, Ok!, Express, Shopi (supermarket).
Cash & Carry
Carrefour Contact, Promocash, Docks Market, Gross IPer.


Carrefour City, Paris
[edit]Criticism and controversies



The Carrefour supermarket at Faa'a, Tahiti, French Polynesia
On May 1, 2007, more than 30 employees of the now closed Carrefour Ratu Plaza, Jakarta, Indonesia, were taken to the Central Pertamina Hospital (Rumah Sakit Pusat Pertamina), after being poisoned by CO2. The hypermarket was located on the mall's basement, which offered insufficient ventilation.[14]
On June 26, 2007 the company was convicted in a French court for false advertising. The suit alleged that Carrefour regularly stocked insufficient quantities of advertised products for sale. In addition, the company was convicted of selling products below cost and accepting kickbacks from wholesalers. Carrefour was ordered to pay a fine of €2 million and to prominently and legibly display a notice in all of its French stores disclosing the false advertising.[15]
In Carrefour Mangga Dua Square, Jakarta, Indonesia, a 5-metre high metal rack fell on top of a 3-year old boy, killing him almost instantly due to internal bleeding.[16] Afterwards, the victim's family claimed that Carrefour has refused to meet with them to settle the case.[17] However, Carrefour Corporate Affairs Officer denied this allegation[18]
Carrefour has also received criticism for engaging in sweatshop practices.[19]
On May 7, 2009, the French government asked a tribunal to fine Carrefour some €220,000 for more than 2,500 violations. Meat products lacked proper tracking information (more than 25% of inventory at some locations), and some products had incorrect labels – such as meat products that "shrank" in weight by 15% after receiving labels. The chain sold products that had long since passed their expiration dates, including, in one case, packs of baby formula that had expired six months earlier. Some 1,625 frozen and refrigerated products were found that had been stored in warehouses at ambient temperature.[20]
[edit]Boycott of supplies in China



A Carrefour outlet in Beijing, China, promotes the use of canvas bags as opposed to plastic bags prior to the 2008 Summer Olympics.
In April 2008, after the 2008 Olympic torch relay was disrupted by Tibetan independence advocates in London and especially Paris, where some protesters attempted to wrest control of the torch from torch bearers, Chinese activists have promoted boycotting Carrefour because of its French roots.[21] The boycott of Carrefour in particular was further fueled by unsubstantiated rumours that a major shareholder, Moët Hennessy – Louis Vuitton, had donated to the Dalai Lama. In its response, Carrefour China stated that it does support the Beijing Olympics; and that they will never do anything to harm the feelings of Chinese people.[22] Protests occurred in and around a number of Carrefour outlets throughout China, and anti-Carrefour advocates campaigned for a one-day boycott of Carrefour on May Day, a public holiday in China.
As a result of the boycott, Chinese search engines Baidu.com.cn and sina.com blocked access to Carrefour's website in China for a short time. Users searching Carrefour in China, it was given an error page indicating "The search result may contain illegal content, so we can not display the result." in Chinese.[23]
[edit]Former countries



Former Carrefour store in Minoh City, Osaka Prefecture, Japan


Former Carrefour store in Bangkok, Thailand


Carrefour Munro, Buenos Aires, Argentina


Carrefour in Niterói, Brazil
Chile ― In 2004, Carrefour sold its 8 hypermarkets in Chile to D&S;
Czech Republic – In September 2005, Carrefour sold to Tesco (the biggest UK retailer) 11 stores in the Czech Republic. Tesco paid €57.4 million as well as its stores in Taiwan. Carrefour had opened its first store in 1998 in the Czech Republic. The stores use the Tesco name and brand now;
Hong Kong – On September 18, 2000,[24][25] Carrefour closed its stores in Hong Kong after complaints from manufacturers about selling products (especially electronics) at prices far below those of its competitors.[26][citation needed] A company spokesman said at that time that the closures were due to "difficulties in finding sites suitable for developing its hypermarket concept and quickly acquiring a significant market share". Carrefour had entered the Hong Kong market in December 1996 with a store in Heng Fa Chuen and had later added stores in Tsuen Wan, Tuen Mun and Yuen Long. Plans to open additional stores in Ma On Shan and Tseung Kwan O had been cancelled.[25]
Japan – In 2005, Carrefour sold its 8 hypermarkets to AEON Group;
Mexico – In March 2005, Carrefour sold its 29 hypermarkets in Mexico to Chedraui. Carrefour had opened its first store in 1995 in Mexico, However, there were rumors he returned Mexico trough Comercial Mexicana stores;
Portugal – Carrefour entered Portugal by buying its first stores in 1991 – two Euromaché hypermarkets, in Telheiras (a Lisbon neighbourhood) and Vila Nova de Gaia (suburbs of Porto); This chain was known to have very good quality products, mainly from French origin, when in July 2007 Carrefour sold all of its 12 hypermarkets and 9 fuel stations to Sonae for €662 million. Also included were 11 licenses for opening new commercial spaces. Nowadays only the 365 hard-discount supermarkets (Minipreço) are supported by Carrefour in this country, not included in the takeover.
Russia – Carrefour entered Russian market in Summer of 2009. In October 2009, only a month after it opened its second hypermarket in the country, Carrefour announced it was exiting Russia.
South Korea – In 2006, Carrefour sold its 32 hypermarkets to E-Land. The stores have been re-branded as Homever.
Switzerland – In August 2007 Carrefour sold its 12 hypermarkets in Switzerland to Swiss retailer Coop for $390 million;[27]
Thailand - Carrefour's business in Thailand was sold to Big C Supercenter Public Company Limited, the owner of Big C hypermarket stores in Thailand. The transaction is completed in March 2011, with the Suwintawong branch being the first changed brand store from Carrefour to Big C.[28] Carrefour entered the Thai market in 1996.
United Kingdom – Carrefour had several hypermarkets in the UK until the end of the 1980s. The first of these was opened in the early 1970s in Caerphilly, South Wales. Subsequent outlets were opened at Merry Hill, Dudley; Sutton Coldfield, Birmingham; Glasshoughton (near Castleford); Eastleigh, Hampshire; MetroCentre (Gateshead); Telford Shopping Centre, Shropshire; Boroughbridge, North Yorkshire; Swindon and Cribbs Causeway in Bristol. All stores were later acquired by the Dee Corporation, but continued to trade as Carrefour for some time before being converted to Gateway Superstores. Today many of the old Carrefour stores in the UK are branches of Asda, notably the branch at the Merry Hill store in the West Midlands; it had opened in July 1986 as one of the complex's first tenants, only to become a Gateway when Carrefour pulled out of Britain in 1988; it became an Asda in 1990 when Gateway withdrew from Merry Hill. In 2011, they returned to the UK market via a supply deal with Ocado.[29]
United States – Carrefour opened hypermarkets in Philadelphia and Voorhees Township, New Jersey, in 1988 and 1992 respectively. Both stores closed in 1994. Some associates wore roller skates to facilitate moving about the large building. The Voorhees location now houses a Kohl's department store, a Raymour & Flanigan furniture store, and a Marshalls discount clothing store. The Philadelphia location (within the Franklin Mills Mall complex) houses a few stores, including a Walmart, which will close and move to the main Franklin Mills complex later in 2011, and Dick's Sporting Goods.


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Carrefour

YOKOHAMA, JAPAN - SEPTEMBER 14: (L-R) Fashion ...Image by Getty Images via @daylife
arrefour S.A. (French pronunciation: [kaʁfuʁ]) is an international hypermarket chain headquartered in Levallois-Perret, France.[2] It is one of the largest hypermarket chains in the world (1395 hypermarkets at the end of 2009, the second largest retail group in the world in terms of revenue and third largest in profit after Wal-Mart and Tesco). Carrefour operates mainly in Europe, Argentina, Brazil, China, Taiwan, Colombia, Dominican Republic, and in Saudi Arabia, but also has shops in North Africa and other parts of Asia, with most stores being of smaller size than hypermarket or even supermarket. Carrefour means "crossroads" in French.
Contents [hide]
1 History
2 Slogans
3 French Slogan
4 French operations
5 International operations
5.1 Bahrain
5.2 China
5.3 Egypt
5.4 Morocco
5.5 India
5.6 Iraq
5.7 Jordan
5.8 Kuwait
5.9 Taiwan
5.10 Saudi Arabia
5.11 Oman
5.12 United Arab Emirates
5.13 United Kingdom
5.14 Previous Operations
5.15 Africa
5.16 Europe
5.17 Americas
6 Store brands
7 Criticism and controversies
8 Boycott of supplies in China
9 Former countries
10 See also
11 References
12 External links
[edit]History

The first Carrefour store opened on January 1rst, 1958, in suburban Annecy near a crossroads (carrefour in French). The group was created by Marcel Fournier, Denis Defforey and Jacques Defforey and grew into a chain from this first sales outlet. In 1999 it merged with Promodès, known as Continent, one of its major competitors in the French market.
Marcel Fournier, Denis Defforey and Jacques Defforey had attended several seminars in the United States led by "The Pope of modern distribution" Bernardo Trujillo, who influenced other famous French executives like Édouard Leclerc (E.Leclerc), Gérard Mulliez (Auchan), Paul Dubrule (Accor), and Gérard Pélisson (Accor). Their slogan was "No parking, no business."
The Carrefour group was the first in Europe to open a hypermarket, a large supermarket and a department store under the same roof. They opened their first hypermarket June 15, 1963 in Sainte-Geneviève-des-Bois, near Paris in France.[3]


Carrefour's trading logo
In April 1976, Carrefour launched a private label Produits libres (free products – libre meaning free in the sense of liberty as opposed to gratis) line of fifty foodstuffs, including oil, biscuits (crackers and cookies), milk, and pasta, sold in unbranded white packages at substantially lower prices.
In September 2009, Carrefour updated its logo.[4]
May 2011: Considering the stagnant growth and has faced increased competition in France from rivals including Casino Guichard-Perrachon SA, Carrefour will expense 1.5 billion-euro ($2.1 billion) to change the supermarket with new concept as Carrefour Planet in Western Europe.[5]
[edit]Slogans



Carrefour Batu Pahat, Malaysia, which is located in Taman Flora Utama
Hypermarkets: "Choice and quality for everyone"
Hypermarkets: "Está bueno para vos" and "Los precios más bajos, siempre" (Argentina), it means "It's good for you" and "Always the lowest prices" respectively.
Hypermarkets: "Bons momentos começam aqui." and "É lá que a gente vai encontrar!" (Brazil), it means "Good moments start here" and "That's where we will find!" respectively. "
Hypermarkets: "Life, the way I want it"(Singapore)
Hypermarkets: "Untuk hidup yang lebih baik" (Indonesia), it means "For a better life"
Hypermarkets: "Pentru o viaţă mai bună" (Romania), it means "For a better life"
Supermarkets: "The prices people want, close to home"
Hard Discount: "Grocery products at low, low prices"
Convenience Stores: "Just what you need, right next door"
Cash & Carry: "Proximity and accessibility for catering professionals"
Hypermarkets, Cash & Carry: "Καθε μέρα για σένα"(Cyprus) means "Every day, for you"
Hypermarkets: "Pozytywnie każdego dnia" (Poland), it means "Positively every day"
[edit]French Slogan

1988-2003 : "I am positive with Carrefour"
2003-2007 : "Energy Wise"
2007-2009 : "The quality for all"
2009-2010 : "The positive is back"
Since 2010 : "The positive every day"
February 2 , 1998 to July 23, 2004 , Carrefour was a partner in the program Le Bigdil presented by Lagaf' , he has the same age as the store ans the group's slogan "Carrefour partrner of the Bigdil" at the end the issue "Was the Bigdil on TF1 with Carrefour".
[edit]French operations

The chain's Carrefour Hypermarket division has its head office in Courcouronnes, Essonne, France, near Évry.[6]
[edit]International operations

[edit]Bahrain
Carrefour has also opened a franchise owned branch in the Bahrain City Centre in 2008.
[edit]China
In 2007, expansion accelerated outside France, particularly in Asia, with the building of 36 new hypermarkets, including 22 in China – where the Group broke its record for store openings in a one-year period.It was the leading foreign retailer, in terms of sales figures, until 2008 and has since lost its #1 position to RT-mart.


78th store of Carrefour China – ZhongShanPark, Shanghai, open June 6, 2006.
[edit]Egypt
Carrefour has seven outlets under franchise in Egypt, which are often situated in shopping malls and frequented by the Egyptian upper class. The location in Alexandria was severely looted during the Egyptian Revolution of 2011.
[edit]Morocco
Carrefour has 3 hypermarkets in Morocco. Carrefour maroc is a partner of Label'vie, a Moroccan supermarket chain. Carrefour is still expanding it's presents in Morocco by opening supermarkets. (Carrefour Market)
[edit]India
The new store, Carrefour Wholesale Cash&Carry in Seelampur area of New Delhi is spread across 5,200 square meter and will house over 10,000 stock-keeping units to cater to professional businesses, institutions, restaurants and local retailers. Since the FDI policy in India does not allow foreign companies to open multi-brand retail stores in the country, global retailers have opted for the cash-and-carry route to establish their presence here. India currently allows 51 per cent foreign direct investment (FDI) in single-brand retail and 100 per cent in the cash-and-carry segment, but none in multi-brand retail. currently indian government give nod for 100 percent FDI in multi brand retail.
[edit]Iraq
Carrefour is to open 5 stores in Iraq in the city of Erbil in 2011.
[edit]Jordan
Carrefour also operates in the United Arab Emirates and Jordan in a joint venture with Majid al Futtaim.[7]
[edit]Kuwait
In March 2007, Carrefour opened a store in Kuwait in the Avenues mall.
[edit]Taiwan
In 1989, Carrefour became the first international retailer to establish a presence in Asia when it entered Taiwan through a joint venture with Uni President Enterprises Corporation. It leveraged the experience it gathered in Taiwan to expand into other Asian markets.
[edit]Saudi Arabia
Carrefour also has 11 franchise operated hypermarkets in Saudi Arabia, with 5 of them being in the capital Riyadh itself.
[edit]Oman
In Oman, Carrefour opened a store in 2003 on the outskirts of the city of Muscat. And in 2008, another branch opened in Qurum. In May 2011 Carrefour opened a store in the Safeer Mall in Sohar.
[edit]United Arab Emirates
Carrefour also operates in the United Arab Emirates and Jordan in a joint venture with Majid al Futtaim.[7]
[edit]United Kingdom
Carrefour had several hypermarkets in the UK until the 1980s. They were located in Leyland[8], Caerphilly (South Wales), Merry Hill in Dudley, Sutton Coldfield (Birmingham), Glasshoughton (near Castleford), Eastleigh (near Southampton), MetroCentre in Gateshead, Telford Shopping Centre (Shropshire), Boroughbridge (North Yorkshire), Swindon and Cribbs Causeway in Bristol. All stores were later acquired by the Dee Corporation, but continued to trade as Carrefour for some time before being converted to Gateway Superstores. Today many of the old Carrefour stores in the UK are branches of Asda.[original research?]
As of July 14, 2011, a range of Carrefour's products are sold in the UK via Ocado.[9]
[edit]Previous Operations
In 2006, Carrefour decided to sell all 16 stores in Korea to E-Land and exited their business in Korea. In 2010, Carrefour decided to leave Malaysia, Singapore, and Thailand. However, in November 2010, Carrefour decided to sell its Thailand operations, but the Malaysian and Singaporean operation, will retain.[10]
Country First store Hypermarkets Supermarkets Hard Discounters Cash & Carry
India 2010 1 - - 1
China 1995 184 - -
Indonesia 1998 84 15 -
Bahrain 2008 1 - -
Japan 2000 7 - -
Jordan 2007 1 3 -
Kuwait 2007 2 - -
Malaysia 1994 22 5 -
Oman 2000 2 - -
Pakistan 2009 1 - -
Iran 2009 1 - -
Qatar 2000 3 - -
Saudi Arabia 2004 11 - -
Singapore 1997 2 - -
Syria 2009 1 - -
Taiwan 1989 64 - -
United Arab Emirates[11] 1995 11 2 -
[edit]Africa
Country First store Hypermarkets Supermarkets Hard Discounters
Egypt 2002 4 5
Morocco 2009 3 2
Tunisia 2001 1 2
Algeria 2005 Closed -
Carrefour has left Algeria in 2009, and opened in Morocco.
[edit]Europe
Country First store Hypermarkets Supermarkets Hard Discounters Convenience Stores Cash & Carry
Azerbaijan 2010 3 3 - -
Belgium 2000 56 280 - 257
Bulgaria 2009 5 1 - -
Cyprus 2006 7 8 - -
France 1960 218 1,021 897 3,245 134
Greece 1991 28 210 397 216
Italy 1993 59 485 - 1,015 20
Monaco - - 1 - -
Poland 1997 72 277 - 5
Portugal 1991 - - 365 -
Romania 2001 32 32 - -
Spain 1973 161 87 2,912 3
Slovakia 1998 4 - - -
Turkey 1993 19 99 519 -
United Kingdom/Ireland - - - - -


Carrefour has 161 hypermarkets in Spain, is the second most important country of the Carrefour's group, also they have arround 2000 supermarkets
On October 15, 2009, Carrefour announced plans to sell its Russian business, citing "absence of sufficient organic growth and acquisition opportunities".[12]
[edit]Americas
Carrefour has a presence in 4 countries in the Americas: Brazil, Argentina, Colombia, and the Dominican Republic. Carrefour is active in 3 types of retail distribution: hypermarkets, supermarkets and hard discounters, and entered the Cash & Carry market in Brazil, after the purchase of Atacadão.[13] Carrefour was also active in Mexico between 1995 and 2005, when the 29 hypermarkets opened at the moment were sold to Chedraui.
Country First store Hypermarkets Supermarkets Hard Discounters Convenience Stores Cash & Carry
Argentina 1982 59 103 395 - -
Brazil 1975 150 38 300 5 34
Colombia 1998 74 - - 8 3
Dominican Republic 2000 5 10 - 20 85
[edit]Store brands



8 à Huit store in Étretat
Hypermarkets
Carrefour, Atacadão, Hyperstar.
Supermarkets
Carrefour Bairro, Carrefour Express, Carrefour Market (Formerly Champion as of 2008), Champion Mapinomovaoe, Globi, GB, GS, Carrefour mini, Gima.
Hard discount stores
Dia, Ed, Minipreço.
Convenience stores
Carrefour City, 5 minutes, 8 à Huit, Marche Plus, Proxi (supermarket), Sherpa, Dìperdì, Smile Market, Ok!, Express, Shopi (supermarket).
Cash & Carry
Carrefour Contact, Promocash, Docks Market, Gross IPer.


Carrefour City, Paris
[edit]Criticism and controversies



The Carrefour supermarket at Faa'a, Tahiti, French Polynesia
On May 1, 2007, more than 30 employees of the now closed Carrefour Ratu Plaza, Jakarta, Indonesia, were taken to the Central Pertamina Hospital (Rumah Sakit Pusat Pertamina), after being poisoned by CO2. The hypermarket was located on the mall's basement, which offered insufficient ventilation.[14]
On June 26, 2007 the company was convicted in a French court for false advertising. The suit alleged that Carrefour regularly stocked insufficient quantities of advertised products for sale. In addition, the company was convicted of selling products below cost and accepting kickbacks from wholesalers. Carrefour was ordered to pay a fine of €2 million and to prominently and legibly display a notice in all of its French stores disclosing the false advertising.[15]
In Carrefour Mangga Dua Square, Jakarta, Indonesia, a 5-metre high metal rack fell on top of a 3-year old boy, killing him almost instantly due to internal bleeding.[16] Afterwards, the victim's family claimed that Carrefour has refused to meet with them to settle the case.[17] However, Carrefour Corporate Affairs Officer denied this allegation[18]
Carrefour has also received criticism for engaging in sweatshop practices.[19]
On May 7, 2009, the French government asked a tribunal to fine Carrefour some €220,000 for more than 2,500 violations. Meat products lacked proper tracking information (more than 25% of inventory at some locations), and some products had incorrect labels – such as meat products that "shrank" in weight by 15% after receiving labels. The chain sold products that had long since passed their expiration dates, including, in one case, packs of baby formula that had expired six months earlier. Some 1,625 frozen and refrigerated products were found that had been stored in warehouses at ambient temperature.[20]
[edit]Boycott of supplies in China



A Carrefour outlet in Beijing, China, promotes the use of canvas bags as opposed to plastic bags prior to the 2008 Summer Olympics.
In April 2008, after the 2008 Olympic torch relay was disrupted by Tibetan independence advocates in London and especially Paris, where some protesters attempted to wrest control of the torch from torch bearers, Chinese activists have promoted boycotting Carrefour because of its French roots.[21] The boycott of Carrefour in particular was further fueled by unsubstantiated rumours that a major shareholder, Moët Hennessy – Louis Vuitton, had donated to the Dalai Lama. In its response, Carrefour China stated that it does support the Beijing Olympics; and that they will never do anything to harm the feelings of Chinese people.[22] Protests occurred in and around a number of Carrefour outlets throughout China, and anti-Carrefour advocates campaigned for a one-day boycott of Carrefour on May Day, a public holiday in China.
As a result of the boycott, Chinese search engines Baidu.com.cn and sina.com blocked access to Carrefour's website in China for a short time. Users searching Carrefour in China, it was given an error page indicating "The search result may contain illegal content, so we can not display the result." in Chinese.[23]
[edit]Former countries



Former Carrefour store in Minoh City, Osaka Prefecture, Japan


Former Carrefour store in Bangkok, Thailand


Carrefour Munro, Buenos Aires, Argentina


Carrefour in Niterói, Brazil
Chile ― In 2004, Carrefour sold its 8 hypermarkets in Chile to D&S;
Czech Republic – In September 2005, Carrefour sold to Tesco (the biggest UK retailer) 11 stores in the Czech Republic. Tesco paid €57.4 million as well as its stores in Taiwan. Carrefour had opened its first store in 1998 in the Czech Republic. The stores use the Tesco name and brand now;
Hong Kong – On September 18, 2000,[24][25] Carrefour closed its stores in Hong Kong after complaints from manufacturers about selling products (especially electronics) at prices far below those of its competitors.[26][citation needed] A company spokesman said at that time that the closures were due to "difficulties in finding sites suitable for developing its hypermarket concept and quickly acquiring a significant market share". Carrefour had entered the Hong Kong market in December 1996 with a store in Heng Fa Chuen and had later added stores in Tsuen Wan, Tuen Mun and Yuen Long. Plans to open additional stores in Ma On Shan and Tseung Kwan O had been cancelled.[25]
Japan – In 2005, Carrefour sold its 8 hypermarkets to AEON Group;
Mexico – In March 2005, Carrefour sold its 29 hypermarkets in Mexico to Chedraui. Carrefour had opened its first store in 1995 in Mexico, However, there were rumors he returned Mexico trough Comercial Mexicana stores;
Portugal – Carrefour entered Portugal by buying its first stores in 1991 – two Euromaché hypermarkets, in Telheiras (a Lisbon neighbourhood) and Vila Nova de Gaia (suburbs of Porto); This chain was known to have very good quality products, mainly from French origin, when in July 2007 Carrefour sold all of its 12 hypermarkets and 9 fuel stations to Sonae for €662 million. Also included were 11 licenses for opening new commercial spaces. Nowadays only the 365 hard-discount supermarkets (Minipreço) are supported by Carrefour in this country, not included in the takeover.
Russia – Carrefour entered Russian market in Summer of 2009. In October 2009, only a month after it opened its second hypermarket in the country, Carrefour announced it was exiting Russia.
South Korea – In 2006, Carrefour sold its 32 hypermarkets to E-Land. The stores have been re-branded as Homever.
Switzerland – In August 2007 Carrefour sold its 12 hypermarkets in Switzerland to Swiss retailer Coop for $390 million;[27]
Thailand - Carrefour's business in Thailand was sold to Big C Supercenter Public Company Limited, the owner of Big C hypermarket stores in Thailand. The transaction is completed in March 2011, with the Suwintawong branch being the first changed brand store from Carrefour to Big C.[28] Carrefour entered the Thai market in 1996.
United Kingdom – Carrefour had several hypermarkets in the UK until the end of the 1980s. The first of these was opened in the early 1970s in Caerphilly, South Wales. Subsequent outlets were opened at Merry Hill, Dudley; Sutton Coldfield, Birmingham; Glasshoughton (near Castleford); Eastleigh, Hampshire; MetroCentre (Gateshead); Telford Shopping Centre, Shropshire; Boroughbridge, North Yorkshire; Swindon and Cribbs Causeway in Bristol. All stores were later acquired by the Dee Corporation, but continued to trade as Carrefour for some time before being converted to Gateway Superstores. Today many of the old Carrefour stores in the UK are branches of Asda, notably the branch at the Merry Hill store in the West Midlands; it had opened in July 1986 as one of the complex's first tenants, only to become a Gateway when Carrefour pulled out of Britain in 1988; it became an Asda in 1990 when Gateway withdrew from Merry Hill. In 2011, they returned to the UK market via a supply deal with Ocado.[29]
United States – Carrefour opened hypermarkets in Philadelphia and Voorhees Township, New Jersey, in 1988 and 1992 respectively. Both stores closed in 1994. Some associates wore roller skates to facilitate moving about the large building. The Voorhees location now houses a Kohl's department store, a Raymour & Flanigan furniture store, and a Marshalls discount clothing store. The Philadelphia location (within the Franklin Mills Mall complex) houses a few stores, including a Walmart, which will close and move to the main Franklin Mills complex later in 2011, and Dick's Sporting Goods.


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Saudi Aramco

A Chevron Station with a White Spot inside of ...Image via Wikipedia
Saudi Aramco (Arabic: ارامكو السعودية ), officially the Saudi Arabian Oil Company, is the state-owned national oil company of Saudi Arabia. Saudi Aramco is likely the world's most valuable privately-held company, with estimates of its value in 2010 ranging from 2.2 trillion USD[2] to 7 trillion USD.[3][4]
Saudi Aramco has both the largest proven crude oil reserves, at more than 260 billion barrels, and largest daily oil production.[5] Headquartered in Dhahran, Saudi Arabia,[6] Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. Its yearly production is 7.9 billion barrels,[1] and it managed over 100 oil and gas fields in Saudi Arabia, including 279 trillion scf of natural gas reserves.[1]
Saudi Aramco owns the Ghawar Field, the world's largest oil field, and the Shaybah Field, one of the world's largest of its kind.
Contents [hide]
1 History
1.1 Timeline
2 Operation
2.1 Exploration
2.2 Drilling
2.3 Refining and Chemicals
2.3.1 List of refineries
2.4 Shipping
2.5 Research and development
2.5.1 Saudi Aramco patents
2.6 Other services
2.7 Associated companies/subsidiaries
3 Environmental record
4 Financial data
5 See also
6 References
7 Bibliography
8 External links
[edit]History

The origins of Saudi Aramco can be traced back to May 29, 1933, when the Saudi government granted a concession to Standard Oil of California (Socal) which allowed the company to explore for oil in Saudi Arabia. Socal assigned this concession to a wholly owned subsidiary called California-Arabian Standard Oil Co. (Casoc). In 1936, with the company having no success at locating oil, the Texas Oil Company (Texaco) purchased a 50% stake of the concession.[7]
After four years of fruitless exploration, the first success came with the seventh drill site in Dammam, a few miles north of Dhahran in 1938, a well referred to as Dammam No. 7. This well immediately produced over 1,500 barrels per day (240 m3/d), giving the company confidence to continue. The company name was changed in 1944 from California-Arabian Standard Oil Company to Arabian American Oil Company (or Aramco). In 1948, Socal and Texaco were joined as investors by Standard Oil of New Jersey (Esso) which purchased 30% of the company, and Socony Vacuum (later Mobil) which purchased 10% of the company, leaving Socal and Texaco with 30% each.
In 1950, King Abdul Aziz Ibn Saud threatened to nationalize his country's oil facilities, thus pressuring Aramco to agree to share profits 50/50. A similar process had taken place with American oil companies in Venezuela a few years earlier. The American government granted US Aramco member companies a tax break known as the golden gimmick equivalent to the profits given to Ibn Saud. In the wake of the new arrangement, the company's headquarters were moved from New York to Dhahran.
In 1973, following US support for Israel during the Yom Kippur War, the Saudi Arabian government acquired a 25% share of Aramco, increased the share to 60% by 1974, and finally acquired full control of Aramco by 1980. In November 1988, the company changed its name from Arabian American Oil Company to Saudi Arabian Oil Company (or Saudi Aramco).
[edit]Timeline
1932 Oil is discovered in Bahrain. Socal begins a year-long series of negotiations with the Saudi government.
1933 Saudi Arabia grants oil concession to California Arabian Standard Oil Company (Casoc), affiliate of Standard Oil of California (Socal, today's Chevron). Oil prospecting begins on Kingdom's east coast.
1936 Texas Oil Company (which became Texaco, and now Chevron) acquires 50% interest in Socal's concession. The joint venture became known as the California Texas Oil Company, or Caltex.
1938 Kingdom's first commercial oil field discovered at Dhahran. Crude is exported by barge to Bahrain.
1939 First tanker load of petroleum is exported. (Socal’s D.G. Scofield)
1944 Casoc changes its name to Arabian American Oil Company (Aramco).
1945 Ras Tanura Refinery begins operations (eventually becomes the largest oil-refinery in the world).
1948 Standard Oil of New Jersey (which became Exxon and now ExxonMobil) and Socony-Vacuum Oil (which became Mobil and now ExxonMobil) join Socal (now Chevron) and Texaco (now Chevron) as owners of Aramco.
1950 1,700 km Trans-Arabian Pipe Line (Tapline) is completed, linking Eastern Province oil fields to Lebanon and the Mediterranean.
1950 The US government bestows upon the US member companies a tax break equivalent to 50% of oil profits, a deal known as the Golden gimmick.
1956 Aramco confirms scale of Ghawar and Safaniya, the largest onshore and the largest offshore field in the world, respectively.
1961 Liquefied petroleum gas (LPG) - propane and butane — is first processed at Ras Tanura and shipped to customers.
1966 Tankers begin calling at "Sea Island", new offshore crude oil loading platform off Ras Tanura.
1973 Saudi Government acquires 25 percent interest in Aramco.
1975 Master Gas System project is launched.
1980 Saudi Government acquires 100 percent participation interest in Aramco, purchasing almost all of the company's assets.
1981 East-West Pipelines, built for Aramco natural gas liquids and crude oil, link Eastern Province fields with Yanbu on the Red Sea.
1982 King Fahd visits Saudi Aramco, Dhahran, on Aramco's 50th Anniversary to inaugurate the Exploration and Petroleum Engineering Center (EXPEC), a milestone in the Saudization of the company's operations.
1984 Company acquires its first four supertankers.
1987 East-West Crude Oil Pipeline expansion project is completed, boosting capacity to 3.2 million barrels (510,000 m³) per day.
1988 Saudi Arabian Oil Company, or Saudi Aramco, is established.
1989 High-quality oil and gas are discovered south of Riyadh — the first find outside original operating area.
1991 Company plays major role combating Gulf War oil spill, the world's largest.
1992 East-West Crude Oil Pipeline capacity is boosted to 5 million barrels (800,000 m³) per day. Saudi Aramco affiliate purchases 35% interest in SsangYong Oil Refining Company (S-Oil) in the Republic of Korea.
1993 Saudi Aramco takes charge of Kingdom's domestic refining, marketing, distribution and joint-venture refining interests by buying Jeddah-based Saudi Arabian Marketing and Refining Company (SAMAREC). The company also assumed the Saudi Arabian government's 50% share of the Jubail export refining company, which becomes the Saudi Aramco Shell Refining Company (SASREF).
1994 Maximum sustained crude-oil production capacity is returned to 10 million barrels (1,600,000 m³) per day. Company acquires a 40% equity interest in Petron, largest refiner in the Philippines.
1995 Company completes a program to build 15 very large crude carriers. Saudi Aramco President and CEO Ali I. Al-Naimi is named the Kingdom's Minister of Petroleum and Mineral Resources, and Chairman of Saudi Aramco. Abdallah S. Jum'ah is named the CEO, President, and Director of Saudi Aramco.
1996 Saudi Aramco acquires 50 percent of Motor Oil (Hellas) Corinth Refineries and Avinoil from the Vardinoyannis family. Company also assumes controlling interest in two Jeddah-based lubricants companies, now known as Saudi Aramco Lubricating Oil Refining Company (Luberef) and Saudi Arabian Lubricating Oil Company (Petrolube).
1998 Saudi Aramco, Texaco and Shell establish Motiva Enterprises LLC, a major refining and marketing joint venture in the southern and eastern United States.
1999 HRH Crown Prince 'Abd Allah inaugurates the Shaybah field in the Rub' al-Khali desert, one of the largest projects of its kind in the world goes on stream. The Dhahran-Riyadh-Qasim multi-product pipeline and the Ras Tanura Upgrade project are completed. The second Saudi Aramco-Mobil lubricating oil refinery (Luberef II) in Yanbu' commences operations.
2000 Petroleum Intelligence Weekly ranks the company the first in the world for the 11th straight year, for the country's crude oil reserves and production. Aramco Gulf Operations Limited is established to administer the government's petroleum interest in the Offshore Neutral Zone between Saudi Arabia and Kuwait. New facilities are under construction in the Haradh and Hawiyah gas plant projects to process gas for delivery to the Master Gas System and to domestic markets.
2001 Hawiyah Gas Plant, capable of processing up to 1.6 billion standard cubic feet per day of non-associated gas, comes on stream.
2003 Haradh Gas Plant completed two and a half months ahead of schedule.
2004 HRH Crown Prince 'Abd Allah ibn 'Abd Al-'Aziz Al Saud, First Deputy Prime Minister and Head of the National Guard, inaugurates the 800,000-barrel-per-day (127,000 m3/d) Qatif-Abu Sa'fah Producing Plants mega project. In addition to the crude, the plants provide 370 million standard cubic feet of associated gas daily.
2005 Saudi Aramco and Sumitomo Chemical Co., Ltd. sign a joint venture agreement for the development of a large, integrated refining and petrochemical complex in the Red Sea town of Rabigh, on Saudi Arabia's west coast. This becomes known as Petro Rabigh.
2006 Saudi Aramco and Sumitomo Chemical break ground on Media:PETRORabigh, an integrated refining/petrochemical project. Haradh III completed, yielding 300,000 bbl/d (48,000 m3/d) of oil. Accords signed for two export refineries—Jubail (with Total) and in Yanbu' (with Conoco-Phillips).
2007 Saudi Aramco subsidiary Saudi Aramco Sino Co. Ltd. signs agreements with ExxonMobil, Sinopec Corp and the Fujian Provincial Government of China to form two joint ventures: Fujian Refining and Petrochemical Co. Ltd., a refining and petrochemicals venture, and Sinopec SenMei (Fujian) Petroleum Co. Ltd. (SSPC), a marketing venture.
2008 Saudi Aramco celebrates the 75th anniversary of the May 29, 1933, signing of the oil concession between the Kingdom of Saudi Arabia and Standard Oil of California (Socal). King Abdullah visits Dhahran to celebrate the 75th anniversary.
2009 Saudi Aramco reaches 12 million bpd capacity after completing an expansion program. Also, Petro Rabigh, the company's first petrochemical plant (a partnership with Sumitomo Chemicals Co., Ltd., begins production.
2010 Saudi Aramco unveils GigaPOWERS™ and runs a first field test of Resbots™. [8]
2011 Saudi Aramco starts production from Karan Gas Field, with an output of more than 400 standard cubic feet per day. [9]
2011 Aramco raised selling prices for all crude grades for customers in Asia and Northwest Europe for April shipments and cut prices for customers in the U.S.[10]
[edit]Operation



Headquarters of Aramco Services Company in Houston
Saudi Aramco operations span the globe, despite being headquartered in Dhahran. Company operations include exploration, producing, refining, chemicals, distribution and marketing.
[edit]Exploration
A significant portion of the Saudi Aramco workforce consists of geophysicists and geologists. Saudi Aramco has been exploring for oil and gas reservoirs since 1982. Most of this process takes place at the Exploration and Petroleum Engineering Center (EXPEC). Originally, Saudi Aramco used Cray Supercomputers (CRAY-1M)[11] to assist in processing the colossal quantity of data obtained during exploration. In 2001, Saudi Aramco decided to use Linux clusters as a replacement for the decommissioned Cray systems.
[edit]Drilling
This is the most crucial process and as such accounts for the largest segment of the Saudi Aramco workforce. Drilling new wells efficiently and then maintaining them requires the company to employ a large number of engineers. With the increasing global demand for oil, Saudi Aramco seeks to expand its oil production. To do this the company seeks to expand the number of engineers and geo-scientists it employs.
[edit]Refining and Chemicals
While the company did not originally plan on refining oil, the Saudi government wished to have only one company dealing with oil production. Therefore, on July 1, 1993, the government issued a royal decree merging Saudi Aramco with Samarec, the country's oil refining company. The following year, a Saudi Aramco subsidiary acquired a 40% equity interest in Petron Corporation, the largest crude oil refiner and marketer int he Philippines.[11] Since then, Saudi Aramco has taken on the responsibility of refining oil and distributing it in the country.
Currently, Saudi Aramco's refining capacity is more than 4 million barrels per day (International joint and equity ventures: 2,060 mbpd, domestic joint ventures: 1,108 mpbd, and wholly owned domestic operations: 995 mbpd.) This figure is set to increase as more projects go online.[1]
Additionally, Saudi Aramco's downstream operations are shifting its emphasis to integrate refineries with petrochemical facilities. Their first venture into it is with Petro Rabigh, which is a joint venture with Sumitomo Chemical Co. that began in 2005 on the coast of the Red Sea.
[edit]List of refineries
List of domestic refineries[1]:
Jeddah Refinery (60,000 bpd nominal capacity)
Ras Tanura Refinery (includes a Crude Distillation Unit, a Gas Condensate Unit, a hydrocracker, and catalytic reforming.
Riyadh Refinery
Yanbu Refinery
List of domestic refining ventures[1]:
The Saudi Aramco Mobil Refinery Company Ltd. (SAMREF), Yanbu
The Saudi Aramco Shell Refinery Company (SASREF), Jubail
Petro Rabigh, Rabigh
Saudi Aramco Lubricating Oil Refining Co. (Luberef)
List of international refining ventures[1]:
Fujian Refining and Petrochemical Company (FRPC), People's Republic of China
Sinopec SenMei (Fujian) Petroleum Co. Ltd. (SSPC), People's Republic of China
Motiva Enterprises LLC, United States
Showa Shell, Japan
S-Oil, Republic of Korea
[edit]Shipping
Saudi Aramco has employed several tankers to ship crude oil, refined oil and gas to various countries. It has created a wholly owned subsidiary company, Vela International Marine Limited, to handle shipping to North America, Europe and Asia.[12]
[edit]Research and development
Saudi Aramco has taken a keen interest in optimizing its processes over the last decade. To this end, it has employed about 500 engineers and scientists specializing in different aspects of the hydrocarbon industry.
There are two R&D entities in Saudi Aramco: 1) Exploration and Petroleum Engineering Center Advanced Research Center (EXPEC ARC) which is solely managed by Exploration & Producing and focuses on upstream research, and 2) The Research and Development Center (R&DC), which focuses on downstream research and includes bio-research. Leading research undertaken at these two major facilities provides Saudi Aramco with competitive technology solutions throughout the vast range of its petroleum-related activities.
[edit]Saudi Aramco patents
Saudi Aramco patents:
In 2010, Saudi Aramco was granted its 100th patent.[13]
Notable patents that Saudi Aramco holds are:
1. GigaPOWERS™
The EXPEC ARC debuted GigaPOWERS™ on Jan. 23, 2010 to a live audience at their auditorium. GigaPOWERS™ is a second generation innovation of POWERS (Parallel Oil, Water and Gas Enhanced Reservoir Simulator) that was created in 1997 and is a high-resolution reservoir simulator to model and predict the performance of super-giant reservoirs. (See reservoir simulation for more information).GigaPOWERS™ did that job with giga-cell reservoir simulation technology, which meant that the models could hold more information and produce better reservoir simulations.[14]
GigaPOWERS™ set a new industry record for being able to simulate reservoirs at seismic or near-seismic resolution. Previously, scientists simulated this by averaging the simulation model cells in order to reduce their number, thus reducing the amount of information in the model. However, with the innovation of GigaPOWERS™, models of more than one-billion cells were simulated. This makes it easier to study the performance and predict the behavior of oil fields, so that engineers and scientists can create better strategies when producing those fields.
2. Resbots™
[edit]Other services
Saudi Aramco also provides several services to its employees. It maintains a large hospital and provides health insurance for its employees. It also maintains several fire stations, both industrial and residential. Saudi Aramco introduced its Industrial Security over two decades ago. This security force primarily ensures the safety of the company's industrial and residential areas.
Saudi Aramco has operations all over the kingdom and therefore, it often needs to transport employees between operations. It currently maintains and operates a fleet of 39 aircraft (18 fixed wing and 21 rotor-wing) to provide this support function.
Also, Saudi Aramco has intensive career development programs under the Career Development Department. These includes PDP (Professional Development Program) for fresh graduates and ADP (Advanced Degree Program) for Master and PHDs studies

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Saudi Aramco

A Chevron Station with a White Spot inside of ...Image via Wikipedia
Saudi Aramco (Arabic: ارامكو السعودية ), officially the Saudi Arabian Oil Company, is the state-owned national oil company of Saudi Arabia. Saudi Aramco is likely the world's most valuable privately-held company, with estimates of its value in 2010 ranging from 2.2 trillion USD[2] to 7 trillion USD.[3][4]
Saudi Aramco has both the largest proven crude oil reserves, at more than 260 billion barrels, and largest daily oil production.[5] Headquartered in Dhahran, Saudi Arabia,[6] Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. Its yearly production is 7.9 billion barrels,[1] and it managed over 100 oil and gas fields in Saudi Arabia, including 279 trillion scf of natural gas reserves.[1]
Saudi Aramco owns the Ghawar Field, the world's largest oil field, and the Shaybah Field, one of the world's largest of its kind.
Contents [hide]
1 History
1.1 Timeline
2 Operation
2.1 Exploration
2.2 Drilling
2.3 Refining and Chemicals
2.3.1 List of refineries
2.4 Shipping
2.5 Research and development
2.5.1 Saudi Aramco patents
2.6 Other services
2.7 Associated companies/subsidiaries
3 Environmental record
4 Financial data
5 See also
6 References
7 Bibliography
8 External links
[edit]History

The origins of Saudi Aramco can be traced back to May 29, 1933, when the Saudi government granted a concession to Standard Oil of California (Socal) which allowed the company to explore for oil in Saudi Arabia. Socal assigned this concession to a wholly owned subsidiary called California-Arabian Standard Oil Co. (Casoc). In 1936, with the company having no success at locating oil, the Texas Oil Company (Texaco) purchased a 50% stake of the concession.[7]
After four years of fruitless exploration, the first success came with the seventh drill site in Dammam, a few miles north of Dhahran in 1938, a well referred to as Dammam No. 7. This well immediately produced over 1,500 barrels per day (240 m3/d), giving the company confidence to continue. The company name was changed in 1944 from California-Arabian Standard Oil Company to Arabian American Oil Company (or Aramco). In 1948, Socal and Texaco were joined as investors by Standard Oil of New Jersey (Esso) which purchased 30% of the company, and Socony Vacuum (later Mobil) which purchased 10% of the company, leaving Socal and Texaco with 30% each.
In 1950, King Abdul Aziz Ibn Saud threatened to nationalize his country's oil facilities, thus pressuring Aramco to agree to share profits 50/50. A similar process had taken place with American oil companies in Venezuela a few years earlier. The American government granted US Aramco member companies a tax break known as the golden gimmick equivalent to the profits given to Ibn Saud. In the wake of the new arrangement, the company's headquarters were moved from New York to Dhahran.
In 1973, following US support for Israel during the Yom Kippur War, the Saudi Arabian government acquired a 25% share of Aramco, increased the share to 60% by 1974, and finally acquired full control of Aramco by 1980. In November 1988, the company changed its name from Arabian American Oil Company to Saudi Arabian Oil Company (or Saudi Aramco).
[edit]Timeline
1932 Oil is discovered in Bahrain. Socal begins a year-long series of negotiations with the Saudi government.
1933 Saudi Arabia grants oil concession to California Arabian Standard Oil Company (Casoc), affiliate of Standard Oil of California (Socal, today's Chevron). Oil prospecting begins on Kingdom's east coast.
1936 Texas Oil Company (which became Texaco, and now Chevron) acquires 50% interest in Socal's concession. The joint venture became known as the California Texas Oil Company, or Caltex.
1938 Kingdom's first commercial oil field discovered at Dhahran. Crude is exported by barge to Bahrain.
1939 First tanker load of petroleum is exported. (Socal’s D.G. Scofield)
1944 Casoc changes its name to Arabian American Oil Company (Aramco).
1945 Ras Tanura Refinery begins operations (eventually becomes the largest oil-refinery in the world).
1948 Standard Oil of New Jersey (which became Exxon and now ExxonMobil) and Socony-Vacuum Oil (which became Mobil and now ExxonMobil) join Socal (now Chevron) and Texaco (now Chevron) as owners of Aramco.
1950 1,700 km Trans-Arabian Pipe Line (Tapline) is completed, linking Eastern Province oil fields to Lebanon and the Mediterranean.
1950 The US government bestows upon the US member companies a tax break equivalent to 50% of oil profits, a deal known as the Golden gimmick.
1956 Aramco confirms scale of Ghawar and Safaniya, the largest onshore and the largest offshore field in the world, respectively.
1961 Liquefied petroleum gas (LPG) - propane and butane — is first processed at Ras Tanura and shipped to customers.
1966 Tankers begin calling at "Sea Island", new offshore crude oil loading platform off Ras Tanura.
1973 Saudi Government acquires 25 percent interest in Aramco.
1975 Master Gas System project is launched.
1980 Saudi Government acquires 100 percent participation interest in Aramco, purchasing almost all of the company's assets.
1981 East-West Pipelines, built for Aramco natural gas liquids and crude oil, link Eastern Province fields with Yanbu on the Red Sea.
1982 King Fahd visits Saudi Aramco, Dhahran, on Aramco's 50th Anniversary to inaugurate the Exploration and Petroleum Engineering Center (EXPEC), a milestone in the Saudization of the company's operations.
1984 Company acquires its first four supertankers.
1987 East-West Crude Oil Pipeline expansion project is completed, boosting capacity to 3.2 million barrels (510,000 m³) per day.
1988 Saudi Arabian Oil Company, or Saudi Aramco, is established.
1989 High-quality oil and gas are discovered south of Riyadh — the first find outside original operating area.
1991 Company plays major role combating Gulf War oil spill, the world's largest.
1992 East-West Crude Oil Pipeline capacity is boosted to 5 million barrels (800,000 m³) per day. Saudi Aramco affiliate purchases 35% interest in SsangYong Oil Refining Company (S-Oil) in the Republic of Korea.
1993 Saudi Aramco takes charge of Kingdom's domestic refining, marketing, distribution and joint-venture refining interests by buying Jeddah-based Saudi Arabian Marketing and Refining Company (SAMAREC). The company also assumed the Saudi Arabian government's 50% share of the Jubail export refining company, which becomes the Saudi Aramco Shell Refining Company (SASREF).
1994 Maximum sustained crude-oil production capacity is returned to 10 million barrels (1,600,000 m³) per day. Company acquires a 40% equity interest in Petron, largest refiner in the Philippines.
1995 Company completes a program to build 15 very large crude carriers. Saudi Aramco President and CEO Ali I. Al-Naimi is named the Kingdom's Minister of Petroleum and Mineral Resources, and Chairman of Saudi Aramco. Abdallah S. Jum'ah is named the CEO, President, and Director of Saudi Aramco.
1996 Saudi Aramco acquires 50 percent of Motor Oil (Hellas) Corinth Refineries and Avinoil from the Vardinoyannis family. Company also assumes controlling interest in two Jeddah-based lubricants companies, now known as Saudi Aramco Lubricating Oil Refining Company (Luberef) and Saudi Arabian Lubricating Oil Company (Petrolube).
1998 Saudi Aramco, Texaco and Shell establish Motiva Enterprises LLC, a major refining and marketing joint venture in the southern and eastern United States.
1999 HRH Crown Prince 'Abd Allah inaugurates the Shaybah field in the Rub' al-Khali desert, one of the largest projects of its kind in the world goes on stream. The Dhahran-Riyadh-Qasim multi-product pipeline and the Ras Tanura Upgrade project are completed. The second Saudi Aramco-Mobil lubricating oil refinery (Luberef II) in Yanbu' commences operations.
2000 Petroleum Intelligence Weekly ranks the company the first in the world for the 11th straight year, for the country's crude oil reserves and production. Aramco Gulf Operations Limited is established to administer the government's petroleum interest in the Offshore Neutral Zone between Saudi Arabia and Kuwait. New facilities are under construction in the Haradh and Hawiyah gas plant projects to process gas for delivery to the Master Gas System and to domestic markets.
2001 Hawiyah Gas Plant, capable of processing up to 1.6 billion standard cubic feet per day of non-associated gas, comes on stream.
2003 Haradh Gas Plant completed two and a half months ahead of schedule.
2004 HRH Crown Prince 'Abd Allah ibn 'Abd Al-'Aziz Al Saud, First Deputy Prime Minister and Head of the National Guard, inaugurates the 800,000-barrel-per-day (127,000 m3/d) Qatif-Abu Sa'fah Producing Plants mega project. In addition to the crude, the plants provide 370 million standard cubic feet of associated gas daily.
2005 Saudi Aramco and Sumitomo Chemical Co., Ltd. sign a joint venture agreement for the development of a large, integrated refining and petrochemical complex in the Red Sea town of Rabigh, on Saudi Arabia's west coast. This becomes known as Petro Rabigh.
2006 Saudi Aramco and Sumitomo Chemical break ground on Media:PETRORabigh, an integrated refining/petrochemical project. Haradh III completed, yielding 300,000 bbl/d (48,000 m3/d) of oil. Accords signed for two export refineries—Jubail (with Total) and in Yanbu' (with Conoco-Phillips).
2007 Saudi Aramco subsidiary Saudi Aramco Sino Co. Ltd. signs agreements with ExxonMobil, Sinopec Corp and the Fujian Provincial Government of China to form two joint ventures: Fujian Refining and Petrochemical Co. Ltd., a refining and petrochemicals venture, and Sinopec SenMei (Fujian) Petroleum Co. Ltd. (SSPC), a marketing venture.
2008 Saudi Aramco celebrates the 75th anniversary of the May 29, 1933, signing of the oil concession between the Kingdom of Saudi Arabia and Standard Oil of California (Socal). King Abdullah visits Dhahran to celebrate the 75th anniversary.
2009 Saudi Aramco reaches 12 million bpd capacity after completing an expansion program. Also, Petro Rabigh, the company's first petrochemical plant (a partnership with Sumitomo Chemicals Co., Ltd., begins production.
2010 Saudi Aramco unveils GigaPOWERS™ and runs a first field test of Resbots™. [8]
2011 Saudi Aramco starts production from Karan Gas Field, with an output of more than 400 standard cubic feet per day. [9]
2011 Aramco raised selling prices for all crude grades for customers in Asia and Northwest Europe for April shipments and cut prices for customers in the U.S.[10]
[edit]Operation



Headquarters of Aramco Services Company in Houston
Saudi Aramco operations span the globe, despite being headquartered in Dhahran. Company operations include exploration, producing, refining, chemicals, distribution and marketing.
[edit]Exploration
A significant portion of the Saudi Aramco workforce consists of geophysicists and geologists. Saudi Aramco has been exploring for oil and gas reservoirs since 1982. Most of this process takes place at the Exploration and Petroleum Engineering Center (EXPEC). Originally, Saudi Aramco used Cray Supercomputers (CRAY-1M)[11] to assist in processing the colossal quantity of data obtained during exploration. In 2001, Saudi Aramco decided to use Linux clusters as a replacement for the decommissioned Cray systems.
[edit]Drilling
This is the most crucial process and as such accounts for the largest segment of the Saudi Aramco workforce. Drilling new wells efficiently and then maintaining them requires the company to employ a large number of engineers. With the increasing global demand for oil, Saudi Aramco seeks to expand its oil production. To do this the company seeks to expand the number of engineers and geo-scientists it employs.
[edit]Refining and Chemicals
While the company did not originally plan on refining oil, the Saudi government wished to have only one company dealing with oil production. Therefore, on July 1, 1993, the government issued a royal decree merging Saudi Aramco with Samarec, the country's oil refining company. The following year, a Saudi Aramco subsidiary acquired a 40% equity interest in Petron Corporation, the largest crude oil refiner and marketer int he Philippines.[11] Since then, Saudi Aramco has taken on the responsibility of refining oil and distributing it in the country.
Currently, Saudi Aramco's refining capacity is more than 4 million barrels per day (International joint and equity ventures: 2,060 mbpd, domestic joint ventures: 1,108 mpbd, and wholly owned domestic operations: 995 mbpd.) This figure is set to increase as more projects go online.[1]
Additionally, Saudi Aramco's downstream operations are shifting its emphasis to integrate refineries with petrochemical facilities. Their first venture into it is with Petro Rabigh, which is a joint venture with Sumitomo Chemical Co. that began in 2005 on the coast of the Red Sea.
[edit]List of refineries
List of domestic refineries[1]:
Jeddah Refinery (60,000 bpd nominal capacity)
Ras Tanura Refinery (includes a Crude Distillation Unit, a Gas Condensate Unit, a hydrocracker, and catalytic reforming.
Riyadh Refinery
Yanbu Refinery
List of domestic refining ventures[1]:
The Saudi Aramco Mobil Refinery Company Ltd. (SAMREF), Yanbu
The Saudi Aramco Shell Refinery Company (SASREF), Jubail
Petro Rabigh, Rabigh
Saudi Aramco Lubricating Oil Refining Co. (Luberef)
List of international refining ventures[1]:
Fujian Refining and Petrochemical Company (FRPC), People's Republic of China
Sinopec SenMei (Fujian) Petroleum Co. Ltd. (SSPC), People's Republic of China
Motiva Enterprises LLC, United States
Showa Shell, Japan
S-Oil, Republic of Korea
[edit]Shipping
Saudi Aramco has employed several tankers to ship crude oil, refined oil and gas to various countries. It has created a wholly owned subsidiary company, Vela International Marine Limited, to handle shipping to North America, Europe and Asia.[12]
[edit]Research and development
Saudi Aramco has taken a keen interest in optimizing its processes over the last decade. To this end, it has employed about 500 engineers and scientists specializing in different aspects of the hydrocarbon industry.
There are two R&D entities in Saudi Aramco: 1) Exploration and Petroleum Engineering Center Advanced Research Center (EXPEC ARC) which is solely managed by Exploration & Producing and focuses on upstream research, and 2) The Research and Development Center (R&DC), which focuses on downstream research and includes bio-research. Leading research undertaken at these two major facilities provides Saudi Aramco with competitive technology solutions throughout the vast range of its petroleum-related activities.
[edit]Saudi Aramco patents
Saudi Aramco patents:
In 2010, Saudi Aramco was granted its 100th patent.[13]
Notable patents that Saudi Aramco holds are:
1. GigaPOWERS™
The EXPEC ARC debuted GigaPOWERS™ on Jan. 23, 2010 to a live audience at their auditorium. GigaPOWERS™ is a second generation innovation of POWERS (Parallel Oil, Water and Gas Enhanced Reservoir Simulator) that was created in 1997 and is a high-resolution reservoir simulator to model and predict the performance of super-giant reservoirs. (See reservoir simulation for more information).GigaPOWERS™ did that job with giga-cell reservoir simulation technology, which meant that the models could hold more information and produce better reservoir simulations.[14]
GigaPOWERS™ set a new industry record for being able to simulate reservoirs at seismic or near-seismic resolution. Previously, scientists simulated this by averaging the simulation model cells in order to reduce their number, thus reducing the amount of information in the model. However, with the innovation of GigaPOWERS™, models of more than one-billion cells were simulated. This makes it easier to study the performance and predict the behavior of oil fields, so that engineers and scientists can create better strategies when producing those fields.
2. Resbots™
[edit]Other services
Saudi Aramco also provides several services to its employees. It maintains a large hospital and provides health insurance for its employees. It also maintains several fire stations, both industrial and residential. Saudi Aramco introduced its Industrial Security over two decades ago. This security force primarily ensures the safety of the company's industrial and residential areas.
Saudi Aramco has operations all over the kingdom and therefore, it often needs to transport employees between operations. It currently maintains and operates a fleet of 39 aircraft (18 fixed wing and 21 rotor-wing) to provide this support function.
Also, Saudi Aramco has intensive career development programs under the Career Development Department. These includes PDP (Professional Development Program) for fresh graduates and ADP (Advanced Degree Program) for Master and PHDs studies

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