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    Porter's Diamond Model Group-5

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    Athikho Athikho
    Saudi Arabia has a strong petroleum industry due to its large proven oil and gas reserves, government control over major oil companies, and high global demand for oil. The government heavily regulates the industry and relies on oil revenues, which support related industries like refining and fertilizers as well as the overall economy. While there is little competition between oil companies within Saudi Arabia, the industry faces global competition to supply oil.

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    Porter's Diamond Model Group-5

    Uploaded by

    Athikho Athikho
    102 views2 pages
    Saudi Arabia has a strong petroleum industry due to its large proven oil and gas reserves, government control over major oil companies, and high global demand for oil. The government heavily regulates the industry and relies on oil revenues, which support related industries like refining and fertilizers as well as the overall economy. While there is little competition between oil companies within Saudi Arabia, the industry faces global competition to supply oil.

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    Saudi Arabia has a strong petroleum industry due to its large proven oil and gas reserves, government control over major oil companies, and high global demand for oil. The government heavily regulates the industry and relies on oil revenues, which support related industries like refining and fertilizers as well as the overall economy. While there is little competition between oil companies within Saudi Arabia, the industry faces global competition to supply oil.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    102 views2 pages

    Porter's Diamond Model Group-5

    Uploaded by

    Athikho Athikho
    Saudi Arabia has a strong petroleum industry due to its large proven oil and gas reserves, government control over major oil companies, and high global demand for oil. The government heavily regulates the industry and relies on oil revenues, which support related industries like refining and fertilizers as well as the overall economy. While there is little competition between oil companies within Saudi Arabia, the industry faces global competition to supply oil.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
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    PORTER’S DIAMOND MODEL

    Submitted by
    GROUP-5
    SAUDI ARABIA PETROLEUM INDUSTRY
    Factor Conditions
    • Possess about 16% of world’s proven petroleum reserves.
    • Possess 5th largest natural gas reserves in the world.
    Firm Strategy, Structure, and Rivalry
    • The Saudi Aramco Mobile Refinery Co. Ltd., The Saudi Aramco Shell Refinery Co., Petro Rabiigh,
    Yanbu Aramco Sinopec Refinery etc are the major oil drilling companies in Saudi Arabia
    • The government of Saudi Arabia has significant stakes in the oil companies in the country and
    controls the total oil production of the industry.
    • In this regard, there is very little rivalry between the oil drilling companies and oilfield service
    companies in the country.
     Demand Conditions
    • High demand world-wide.
    • Saudi is the largest exporter of petroleum in the world.
     Related and Supporting Industries
    • Related Industries: crude oil production, petroleum refining, commercial ship repair, fertilizers etc
    • Supporting Industries: Agriculture (wheat, tomatoes, melons, dates), Tourism
    Government
    •  The petroleum sector accounts for roughly 87% of budget revenue.

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