Saudi Aramco CEO outlines energy-exploration plans for al-Hasa region

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Saudi Aramco President and CEO Amin Nasser spoke about his company’s commitment to capitalizing on the potential of the al-Hasa region, which boasts a wealth of oil and is also poised to become a center for innovation-driven industries, at the recent al-Hasa Investment Forum.

“al-Hasa is among the richest areas for oil and gas in the world, and we are proud that it is the home of Al Ghawar, the jewel of the (Saudi) kingdom's oil fields and the largest conventional oil field in the world,” Nasser said. “The company’s plan for al-Hasa is by no means limited to this giant field, as we have ambitious plans to further develop oil and gas in the area.”

Nasser said al-Hasa is an ideal home for small and medium-size businesses, particularly in the hydrocarbon supply system and petrochemical-conversion industries, as well as an exciting region for agriculture, tourism and manufacturing.

“(The) al-Hasa region has ample opportunities to make a significant leap in its economy, based on its ever-expanding energy sector, advanced agriculture, world-class tourism, small factories and trade, and above all, taking advantage of the conducive business environment, as the area has been for centuries the center of trade routes in the region,” Nasser said. “The promising potential of al-Hasa is limitless.”

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