At SASREF, we are embarking upon a very exciting journey into the future, with aspiring vision to outperform our past best performance in order to meet the challenges that lie ahead. We built our work culture on a firm foundation of the four important and significantly-relevant corporate Values in which we strongly believe: SAFETY, CARE, OWNERSHIP and EXCELLENCE.
On SAFETY, our process safety has reached a significant level of compliance, causing SASREF to rank among one of the top leading refineries in Process Safety.
On CARE, we believe that our people are truly our most important asset. They are the source of our strength and inspiration.
When it comes to OWNERSHIP, we are totally committed to a strict code of conduct, fairness, and equality as foundational to our very sustainability. We have zero tolerance for unethical practices and behaviors.
As to EXCELLENCE, our refinery operations take the lead as one of best world refineries. Our products are produced with highest levels of compliance to international specifications.
As we succeeded in the past, we can succeed in the future. What is important to remember is that the future is never like the past; but the past offers many valuable lessons for all of us to learn from and to become even better than we ever were!
WHO WE ARE
Saudi Aramco Jubail Refinery Company (SASREF) is a leading refining company committed to excellence in the refining industry. SASREF is a Saudi company wholly-owned by Saudi Aramco.
Established in 1981, SASREF operates one of the largest refineries in the Kingdom of Saudi Arabia located in Jubail Industrial City. The refinery processes crude oil into petroleum products for both local and international markets.
CORE VALUES
Safety
We are committed to efficient refinery operations keeping Safety at the forefront.
Care
We value our people, community and environment which is reflected in the way we conduct our business.
Ownership
We empower our people to be responsible and accountable in delivering results to the highest standards.
Excellence
We take ownership to continuously improve our refinery operations to be the best in class performer.
STRATEGIC OBJECTIVES
HSSE
Embrace a Culture of Safety, Well-being and Environmental Responsibility to Create a Safe, Healthy and Secure Work Environment.
Value Creation & Transformation
To Pursue Long Term Growth Opportunities and Embed Continuous Improvement in our Organization.
People
To Consistently Attract, Retain and Develop Competent Workforce.
Asset Management
Achieve and Sustain Top Percentile Operational Performance.
Decarbonization
To Reduce CO2 Emissions by Pursuing Energy Efficiency and Providing Sustainable Energy Source.
OUR HISTORY
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1981
FOUNDATION OF THE COMPANY
Petromin and Shell signed a joint agreement to establish a refinery complex.
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Construction of the refinery started.
1982
CONSTRUCTION
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1984
FIRST UNIT
Completion of the refinery and start-up of the first unit.
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Inaugurated on the 23rd of December 1986 by the Custodian of the Two Holy Mosques, King Fahad Bin Abdulaziz. SASREF was envisioned as one of the most modern refineries in the world.
1986
INAUGURATED
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1988
305,000 BARRELS
Debottlenecking from 250,000 to 305,000 barrels per day.
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In February 1989, Saudi Arabian Marketing and Refining Company (SAMAREC) took over Petromin's share.
1989
SAMAREC
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1993
SAUDI ARAMCO
In July 1993, Saudi Aramco took over SAMAREC's share.
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On 18th of September, Saudi Aramco completed the aquisition of Shell's 50% shares of SASREF. SASREF is now 100% owned by Saudi Aramco.
2019
100% OWNED BY SAUDI ARAMCO
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