Developer docs
API playgroundTry for free, no card

Search company profiles

SASREF

Full company profile

uuid000bax2

Namestring
SASREF
Legal namestring
Saudi Aramco Jubail Refinery Company
Websiteurl
http://www.sasref.com.sa
Company typeenum
Private
Founded yearint
1984
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersAl-jubail, Saudi Arabia
HQ citystring
Al-jubail
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
petroleum refining, crude oil processing, refined petroleum products, petrochemical feedstocks, oil refinery operations
Industry3 codes
1Distillation & Fractionation (Crude, Condensate & NGL Splitters)
CodeEUALAGADPrimaryYes
2Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives)
CodeEUALAGAJPrimaryNo
3Gas Processing & NGL Recovery (Dehydration, Sweetening, Cryogenic Recovery)
CodeEUALAGAGPrimaryNo
NAICS code1 code
  • Petroleum Refineries324110
SIC code1 code
  • Petroleum Refining2911
Product category
Petroleum Refining
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Petroleum Product Sales
TypeTransaction Fee
Description

SASREF generates revenue by refining crude oil into petroleum products including fuel oil, diesel, kerosene, naphtha, benzene, LPG, and gasoline components, which are sold to domestic and international markets. The refinery processes crude oil into high-value refined products for both local and international markets.

sasref.com.sa
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

SASREF operates one of Saudi Arabia's largest oil refineries in Jubail Industrial City with 305,000 barrels per day processing capacity. The company refines crude oil into a portfolio of petroleum products including fuel oil, diesel, kerosene, naphtha, benzene, LPG, and gasoline components for sale to domestic Saudi markets and international export customers. The refinery complex includes crude distillation units, a thermal gas-oil unit with combined gas turbines, a hydrocracker, an aromatics unit, a centralized control room, and a 24/7 on-site laboratory.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 305,000 barrels per day crude oil processing capacity
+2 more records
Product overview1 text field

SASREF operates one of Saudi Arabia's largest oil refineries with a processing capacity of 305,000 barrels per day. The refinery produces a portfolio of petroleum products including Fuel Oil, Gas Oil/Diesel, Kerosene, Naphtha (chemical feedstock and gasoline component), Benzene, and LPG. The refinery complex includes two crude distillation units, a Thermal Gas-Oil Unit with combined gas turbines, a large hydrocracker, an aromatics unit, a centralized control room, and a 24/7 on-site laboratory. SASREF also provides web-based services including a Supplier Portal for procurement management and a Careers Portal for recruitment.

Product and service10 records
1Fuel Oil
CategoryRefined Petroleum Products
2Gas Oil (Diesel)
CategoryRefined Petroleum Products
3Dual-purpose Kerosene
CategoryRefined Petroleum Products
4Chemical Feedstock Naphtha
CategoryRefined Petroleum Products
5Benzene
CategoryRefined Petroleum Products
6Liquid Petroleum Gas (LPG)
CategoryRefined Petroleum Products
7Gasoline Component Naphtha (MOGAS)
CategoryRefined Petroleum Products
8Sulphur
CategoryRefined Petroleum Products
9SASREF Supplier Portal
CategoryDigital Services
10SASREF Careers Portal
CategoryDigital Services
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Saudi Aramco
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Saudi Aramco is the parent company that wholly owns SASREF. In 2019, Saudi Aramco completed acquisition of Shell's 50% shares, making SASREF 100% owned by Saudi Aramco. The partnership involves joint development initiatives including the signing of a Development Framework Agreement with Aramco and Rongsheng Petrochemical for a major petrochemicals project.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1SK Energy
TypeBroad incumbent
Description

South Korea's largest refining operator with Ulsan and Incheon complexes totaling around 840,000 bpd. Comparable complex refining and aromatics configuration supplying refined products to domestic and export markets across Asia.

2BAPCO (Bahrain Petroleum Company)
TypeDirect peer
Description

Bahrain's national oil company operating the Sitra refinery with approximately 267,000 bpd capacity. Comparable regional state-aligned complex refinery producing diesel, jet fuel, naphtha, LPG, and asphalt for the Middle East and Asian markets.

3YASREF (Yanbu Aramco Sinopec Refining Company)
TypeDirect peer
Description

Saudi Aramco–Sinopec joint venture operating a 400,000 bpd full-conversion refinery in Yanbu. Same parent (Aramco), same complex hydrocracker-based configuration, and a similar product slate including gasoline, diesel, jet fuel, and petrochemical feedstocks.

4SAMREF (Saudi Aramco Mobil Refinery Company)
TypeDirect peer
Description

Former Aramco–ExxonMobil joint venture in Yanbu, now wholly Aramco-owned like SASREF. Operates a complex refinery producing gasoline, diesel, kerosene, LPG, and petrochemical feedstocks with comparable configuration and product portfolio.

5OQ (formerly ORPIC)
TypeRegional player
Description

Oman's integrated energy company operating the Sohar and Mina Al-Fahal refineries with combined capacity around 400,000 bpd. Comparable regional complex refining and aromatics production for domestic and export markets in the Middle East and Asia.

6ADNOC Refining
TypeDirect peer
Description

UAE's national refining arm operating the Ruwais complex with over 900,000 bpd capacity after recent expansions. Directly comparable Middle East state-aligned complex refinery with similar crude-to-products configuration and export-oriented marketing.

7Petro Rabigh
TypeDirect peer
Description

Saudi Aramco–Sumitomo Chemical integrated refining and petrochemicals complex in Rabigh with 400,000 bpd capacity. Closely comparable as an Aramco-affiliated integrated site producing both refined fuels and petrochemical products for domestic and export markets.

8KNPC (Kuwait National Petroleum Corporation)
TypeDirect peer
Description

Kuwait's national refining operator with Mina Al-Ahmadi and Mina Abdullah refineries totaling over 800,000 bpd of complex refining capacity. Directly comparable as a regional Middle East state-aligned refinery producing a similar refined product slate for domestic and export markets.

9Reliance Jamnagar Refinery
TypeDirect peer
Description

World's largest refinery complex at Jamnagar, India, with over 1.4 million bpd of capacity and integrated petrochemicals. Comparable complex configuration with crude distillation, hydrocracking, and aromatics units producing a similar product slate including LPG, naphtha, and gasoline.

10SATORP (Saudi Aramco Total Refining and Petrochemical Company)
TypeDirect peer
Description

Joint venture between Saudi Aramco and TotalEnergies operating a 460,000 bpd full-conversion refinery in Jubail Industrial City. Direct peer with shared Aramco ownership, identical product slate (diesel, jet, naphtha, LPG, benzene, gasoline), and parallel digital transformation and petrochemical integration strategies.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration5 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance11 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

SASREF

Petroleum Refiningsasref.com.sa

SASREF firmographics

Firmographics
Name
SASREF
Legal name
Saudi Aramco Jubail Refinery Company
Website
http://www.sasref.com.sa
Company type
Private
Founded year
1984
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

SASREF industry classification

Industry
Product category
Petroleum Refining
NAICS
Petroleum Refineries (324110)
SIC
Petroleum Refining (2911)
akta.pro primary industry
Distillation & Fractionation (Crude, Condensate & NGL Splitters) (EUALAGAD)
akta.pro secondary industries
Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives) (EUALAGAJ), Gas Processing & NGL Recovery (Dehydration, Sweetening, Cryogenic Recovery) (EUALAGAG)

Keywords

  • Petroleum refining
  • Crude oil processing
  • Refined petroleum products
  • Petrochemical feedstocks
  • Oil refinery operations

Where SASREF is headquartered

Location

Headquarters

HQ city
Al-jubail
HQ country
Saudi Arabia
HQ region
Middle East

Offices1 record

Markets served

SASREF business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

  1. Petroleum Product Sales: SASREF generates revenue by refining crude oil into petroleum products including fuel oil, diesel, kerosene, naphtha, benzene, LPG, and gasoline components, which are sold to domestic and international markets. The refinery processes crude oil into high-value refined products for both local and international markets.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

SASREF product offering

Product offering

Core offering

SASREF operates one of Saudi Arabia's largest oil refineries in Jubail Industrial City with 305,000 barrels per day processing capacity. The company refines crude oil into a portfolio of petroleum products including fuel oil, diesel, kerosene, naphtha, benzene, LPG, and gasoline components for sale to domestic Saudi markets and international export customers. The refinery complex includes crude distillation units, a thermal gas-oil unit with combined gas turbines, a hydrocracker, an aromatics unit, a centralized control room, and a 24/7 on-site laboratory.

Product overview

SASREF operates one of Saudi Arabia's largest oil refineries with a processing capacity of 305,000 barrels per day. The refinery produces a portfolio of petroleum products including Fuel Oil, Gas Oil/Diesel, Kerosene, Naphtha (chemical feedstock and gasoline component), Benzene, and LPG. The refinery complex includes two crude distillation units, a Thermal Gas-Oil Unit with combined gas turbines, a large hydrocracker, an aromatics unit, a centralized control room, and a 24/7 on-site laboratory. SASREF also provides web-based services including a Supplier Portal for procurement management and a Careers Portal for recruitment.

Differentiator

Problem solved

Functional benefit

Products and services

  • Fuel Oil
  • Gas Oil (Diesel)
  • Dual-purpose Kerosene
  • Chemical Feedstock Naphtha
  • Benzene
  • Liquid Petroleum Gas (LPG)
  • Gasoline Component Naphtha (MOGAS)
  • Sulphur
  • SASREF Supplier Portal
  • SASREF Careers Portal

Quantifiable outcome

  • 305,000 barrels per day crude oil processing capacity
  • +2 more outcomes

Companies that use SASREF

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

SASREF technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

Feature2 records

SASREF partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Saudi AramcocoreStrategic or Co-development Partner · 1 January 2024Saudi Aramco is the parent company that wholly owns SASREF. In 2019, Saudi Aramco completed acquisition of Shell's 50% shares, making SASREF 100% owned by Saudi Aramco. The partnership involves joint development initiatives including the signing of a Development Framework Agreement with Aramco and Rongsheng Petrochemical for a major petrochemicals project.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

SASREF competitors and assessment

Company assessment

Broad incumbents

  • SK Energy: South Korea's largest refining operator with Ulsan and Incheon complexes totaling around 840,000 bpd. Comparable complex refining and aromatics configuration supplying refined products to domestic and export markets across Asia.

Direct peers

  • BAPCO (Bahrain Petroleum Company): Bahrain's national oil company operating the Sitra refinery with approximately 267,000 bpd capacity. Comparable regional state-aligned complex refinery producing diesel, jet fuel, naphtha, LPG, and asphalt for the Middle East and Asian markets.
  • YASREF (Yanbu Aramco Sinopec Refining Company): Saudi Aramco–Sinopec joint venture operating a 400,000 bpd full-conversion refinery in Yanbu. Same parent (Aramco), same complex hydrocracker-based configuration, and a similar product slate including gasoline, diesel, jet fuel, and petrochemical feedstocks.
  • SAMREF (Saudi Aramco Mobil Refinery Company): Former Aramco–ExxonMobil joint venture in Yanbu, now wholly Aramco-owned like SASREF. Operates a complex refinery producing gasoline, diesel, kerosene, LPG, and petrochemical feedstocks with comparable configuration and product portfolio.
  • ADNOC Refining: UAE's national refining arm operating the Ruwais complex with over 900,000 bpd capacity after recent expansions. Directly comparable Middle East state-aligned complex refinery with similar crude-to-products configuration and export-oriented marketing.
  • Petro Rabigh: Saudi Aramco–Sumitomo Chemical integrated refining and petrochemicals complex in Rabigh with 400,000 bpd capacity. Closely comparable as an Aramco-affiliated integrated site producing both refined fuels and petrochemical products for domestic and export markets.
  • KNPC (Kuwait National Petroleum Corporation): Kuwait's national refining operator with Mina Al-Ahmadi and Mina Abdullah refineries totaling over 800,000 bpd of complex refining capacity. Directly comparable as a regional Middle East state-aligned refinery producing a similar refined product slate for domestic and export markets.
  • Reliance Jamnagar Refinery: World's largest refinery complex at Jamnagar, India, with over 1.4 million bpd of capacity and integrated petrochemicals. Comparable complex configuration with crude distillation, hydrocracking, and aromatics units producing a similar product slate including LPG, naphtha, and gasoline.
  • SATORP (Saudi Aramco Total Refining and Petrochemical Company): Joint venture between Saudi Aramco and TotalEnergies operating a 460,000 bpd full-conversion refinery in Jubail Industrial City. Direct peer with shared Aramco ownership, identical product slate (diesel, jet, naphtha, LPG, benzene, gasoline), and parallel digital transformation and petrochemical integration strategies.

Regional players

  • OQ (formerly ORPIC): Oman's integrated energy company operating the Sohar and Mina Al-Fahal refineries with combined capacity around 400,000 bpd. Comparable regional complex refining and aromatics production for domestic and export markets in the Middle East and Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

SASREF social profiles

Digital presence

SASREF compliance and trust

Trust signal

Compliance11 records

SASREF financial estimates

Financial estimate

Revenue estimate

Valuation estimate

SASREF leadership team

Management profile

Number of profiles

Profiles13 records

SASREF funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

SASREF M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SASREF

What does SASREF do?

SASREF operates one of Saudi Arabia's largest oil refineries in Jubail Industrial City with 305,000 barrels per day processing capacity. The company refines crude oil into a portfolio of petroleum products including fuel oil, diesel, kerosene, naphtha, benzene, LPG, and gasoline components for sale to domestic Saudi markets and international export customers. The refinery complex includes crude distillation units, a thermal gas-oil unit with combined gas turbines, a hydrocracker, an aromatics unit, a centralized control room, and a 24/7 on-site laboratory.

Is SASREF a public or private company?

SASREF is a private company. It is classified as corporate owned and is currently operating.

When was SASREF founded?

SASREF was founded in 1984. It employs 501 to 1,000 people.

Where is SASREF based?

SASREF is headquartered in Al-jubail, Saudi Arabia, in the Middle East region.

How does SASREF make money?

One revenue line is on record: petroleum Product Sales.

Who are SASREF's main competitors?

SK Energy is listed as a broad incumbent. Direct peers are BAPCO (Bahrain Petroleum Company), YASREF (Yanbu Aramco Sinopec Refining Company), SAMREF (Saudi Aramco Mobil Refinery Company), ADNOC Refining, Petro Rabigh, KNPC (Kuwait National Petroleum Corporation), Reliance Jamnagar Refinery and SATORP (Saudi Aramco Total Refining and Petrochemical Company). OQ (formerly ORPIC) is listed as a regional player.

Does SASREF have an API?

No public API is recorded for SASREF.

What industry is SASREF in?

SASREF's product category is Petroleum Refining. Its primary akta.pro industry code is EUALAGAD, Distillation & Fractionation (Crude, Condensate & NGL Splitters), with a secondary code of EUALAGAJ, Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives). Its NAICS code is 324110 and its SIC code is 2911.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
FarmonautOil Refinery in Saudi Arabia: 2026 Trends & Powerful GrowthSaudi Arabia's oil refining capacity is projected to surpass 6.6 million barrels per day by 2026, with over $20 billion invested in advanced refining technologies and sustainability initiatives including carbon capture, AI-driven optimization, and digital twins. The sector, led by Saudi Aramco and its joint ventures (SASREF, YASREF, SAMREF, SATORP), is characterized by integration of petrochemical operations and adoption of advanced automation technologies, with an expected 75% technology adoption rate by 2026. Export volumes are forecast to grow from 1,400 to 1,650+ million barrels annually, underpinned by new pipelines, storage assets, and expanded port facilities.LinkedInTop 10 Global Refinery Projects by Capacity 2025-2030Kuwait's oil production capacity has reached a decade-high of 3.2 million barrels per day, supported by increased demand from China and emerging markets, as part of the OPEC+ strategy to boost supply while maintaining price stability. Pakistan Petroleum Limited has reported a gas discovery in Sindh with a flow rate of 5.5 MMscfd. The SASREF+ project in Saudi Arabia aims to achieve net-zero emissions by 2050 through its expansion of the ethane cracker, aligning with Saudi Vision 2030.PR NewswireCB&I Announces EPC Award for Saudi Aramco Shell Refinery in Saudi ArabiaCB&I (NYSE:CBI) was awarded a contract worth more than $95 million by Saudi Aramco Shell Refinery (SASREF) for engineering, procurement, and construction management services. The work involves modernizing and expanding SASREF's existing refinery in Al-Jubail, Saudi Arabia, enabling sustainable fuels production that meets Euro V emissions standards. The contract extends a relationship between CB&I and SASREF that spans more than a decade.