Saudi Aramco as a national development agent: recent shifts

Hertog, Steffen ORCID: 0000-0002-6758-9564 (2013) Saudi Aramco as a national development agent: recent shifts. Policy brief: August 2013. Norwegian Peacebuilding Resource Centre (NOREF), Oslo, Norway.

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Abstract

Saudi Arabia’s national oil company, Saudi Aramco, has been a critical agent for the social, economic and infrastructural development of Saudi Arabia; its managerial capacities are unrivalled in the Kingdom – and, indeed, the Gulf region. After it played a rather limited role outside the hydrocarbons sector in the 1980s and 1990s, its range of tasks and ambitions has recently again expanded drastically into a number of new policy sectors, including heavy industry, renewable energy, educational reform, infrastructure-building and general industrial development. This presents both opportunities and risks for Aramco, which has started to operate far outside its traditional politically insulated “turf” of running the upstream oil and gas infrastructure in the Kingdom. It is now involved in activities that are more political and more closely scrutinised by the Saudi public, and will have to build up new institutional and political capacities to maintain its reputation for clean and efficient management.

Item Type:	Monograph (Report)
Official URL:	http://www.peacebuilding.no/
Additional Information:	© 2013 The Author
Divisions:	Government
Subjects:	J Political Science > JA Political science (General)
Date Deposited:	18 Nov 2013 11:39
Last Modified:	12 Dec 2024 06:00
URI:	http://eprints.lse.ac.uk/id/eprint/54394

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