How Saudi Aramco Got Its Name A Journey from CASOC to Saudi Aramco saudiarabia

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The name Saudi Aramco has its roots in the company’s early history and transformation. It began in 1933 when Saudi Arabia's founder, King Abdulaziz Al Saud, granted a concession to Standard Oil of California (SoCal) to explore for oil. Initially named the California-Arabian Standard Oil Company (CASOC), it was later renamed Aramco in 1944, short for the Arabian American Oil Company. By 1980, the Saudi government fully owned the company, and in 1988, it was officially renamed Saudi Aramco, reflecting its status as a state-owned enterprise and national oil giant. • ‪@StartupStoryBooks‬

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