Saudi Aramco has produced more oil than any other company on Planet, said its CEO Khalid A. Al-Falih at a recent presentation, which was part of a guest speaker series called View from the Top that is hosted by the Stanford Graduate School of Business. As many as 300 students and others attended the presentation at Stanford University to listen to Al-Falih's role in leading one of the world most successful energy companies. Drilling a little deeper was the mantra that Al-Falih used to further explore the theory and practice of leadership, and to describe Saudi Aramco today and its future aspirations. Saudi Aramco story is one of success by multiple measures, he explained. Al-Falih went on to talk about Saudi Aramco's expanding role in natural gas and chemicals, and its push into the downstream sector through significant investment in refining assets, both at home and abroad. He mentioned that he had recently visited Texas to inaugurate an expansion of the company joint venture Port Arthur Refinery. Al-Falih also touched on the company commitment to lead the industry in technology research and innovation, and its important role in serving as the engine of the Kingdom economy and source of energy. He said that even though Saudi Aramco is already one of the world largest, most successful enterprises, it is aiming even higher to unleash its full power and potential through a transformative change. Al-Falih talked about Saudi Aramco Accelerated Transformation Program (ATP) to help drive the company forward and remain a step ahead in a changing industry and a changing world, according to a latest report on the Company's web-site. He expounded on the ATP formula, addressing the program four main pillars that focus on: - Developing the company business portfolio. - Leveraging its global leadership position for the progress of the Kingdom. - Expanding its capabilities through staff education and training (especially for a new generation of young men and women). - Streamlining its business processes. Meanwhile, Al-Falih met with faculty members from the School of Earth Sciences during his Stanford visit, to talk about the latest initiatives involving a trilateral partnership initiated last year between Saudi Aramco, Stanford (University) and King Fahd University of Petroleum and Minerals to collaborate on research and education in subsurface science and engineering.
