(Mt) – MIS 201 SEU Methods Aramco Uses to Manage and Process

Attached.1Saudi Aramco CompanyName:University Name:Course:Professor:Date:2Table of ContentsExecutive Summary ………………………………………………………………………………………………………… 3Organizational Profile ……………………………………………………………………………………………………… 3Strategies ……………………………………………………………………………………………………………………….. 4most appropriate strategies to improve the performance of the organization ……………………….. 6Technology Involved ………………………………………………………………………………………………………. 7Hardware ……………………………………………………………………………………………………………………. 7Software …………………………………………………………………………………………………………………….. 7Telecommunication ……………………………………………………………………………………………………… 7Information security …………………………………………………………………………………………………….. 8Networks ……………………………………………………………………………………………………………………. 8Methods Aramco uses to manage and process data ……………………………………………………………… 8Stakeholders …………………………………………………………………………………………………………………… 9References ……………………………………………………………………………………………………………………. 113Executive SummaryAramco is one of the biggest diversified chemical and energy corporations in the globe,and the economic benefit we create throughout the chain of hydrocarbons has a positive impact onpeople’s lives and economies all around the world. We are dedicated to being an industry leaderduring this time of energy transformation. Aramco, headquartered in Dhahran, Saudi Arabia, is astate-owned natural gas and petroleum enterprise. As of the year 2022, it ranks as one of the world’stop-10 corporations in terms of revenue and has consistently posted the highest annual profits inthe annals of global business. In addition to producing the most oil per day, Saudi Aramco alsoowns the second-largest proven reserve of crude oil in the entire globe, at over 270 billion pounds.The Master Petroleum System, which is operated by Saudi Aramco, is the largesthydrocarbon network in the world. It oversees operations at more than a hundred unconventionalenergy sites in Saudi Arabia and controls 288.4 trillion metric cubic meters of natural gasresources; in 2013, total petroleum productivity was 3.4 billion barrels. The Ghawar Field, as wellas the Safaniya Field, are two of Saudi Aramco’s largest operations in the Eastern Province.Oil refinery, as well as transportation, are two of Saudi Aramco’s main areas of expertise.Dhahran, Saudi Arabia is home to the company’s headquarters. The Saudi Arabian Oil Company,or Saudi Aramco, is a state-owned enterprise (Al-Dhubaib 2008). The Saudi Arabian OilCorporation is the biggest publicly traded firm in the globe and one of the biggest in the energysector. Europe, India, China, South Korea, and the United States are just a few of the places it hasa presence. Through its affiliates, Saudi Aramco is a major oil supplier. It operates branches in avariety of international locations. Ras Tanura serves as one of these outposts, and it’s located notfar from the Saudi Arabian commercial port city of Jubail. Petroleum from the Persian Gulf shoreis refined and distributed by the company. In this article, we’ll take a look at the main refinerycomponents and the roles they play. The organization makes use of a variety of distinct and oneof-a-kind plants. The plants have a certain function that helps the business as a whole run smoothly.Organizational ProfileMajor Managers and senior vice presidents make up Saudi Aramco’s executivemanagement team, which reports to the Board of Directors. According to Saudi Aramco’s webpage, all eight members of the team have extensive experience in their respective fields. Essential4business units within Saudi Aramco are managed by different members of the business leadershipteam. Previously referred to as the Arab American Oil business, the Saudi Arabian Oil Company(Saudi Aramco) is a public oil and gas from the ground company headquartered in Dhahran, SaudiArabia. Over 65,000 individuals around the world are employed by the company, all of whom areemployees of the Saudi Arabian government.Over the course of its 90-year existence, Saudi Aramco has undergone multiple major structuralshifts in response to shifting market conditions and other external factors. In recent years, in 2020,the organization launched an entirely novel system for its below company purpose, which consistsof four commercial enterprise units: chemical substances, fuel power, as well as pipelines,payments, and terminals. The restructuring, as stated by Saudi Aramco, was implemented to betteruse the company’s downstream assets. Nevertheless, Saudi Aramco has stayed essentially anadministrative body where the business’s worldwide operations eventually come into play fromthe highest point, despite undergoing several restructurings over the years. The corporation ishighly centralized, which means that several managerial levels are responsible for overseeing thesame set of business processes.The company’s highest-ranking executives have C-suite positions as well as are in charge of areasincluding finance, advertising, downstream, research, manufacturing, and gas activities.Executives, like those in any other organizational structure, have a chain of command that includesthem at the top and their direct reports lower down.The fundamental purpose of this initiative is to combat global warming and promote thevalue of energy efficiency (Al-Dhubaib 2008). As the world’s largest integrated oil and gasmanufacturing organization, they are confident in venturing into gas and petroleum solutions.Saudi Arabian consumers benefit from having access to the industry’s broadest range of fuelproducts, including gasoline, paraffin, and commercial gas. Saudi Aramco is a massive enterprisewith annual revenues in the billions.StrategiesBy the year 2020, Saudi Aramco hopes to have established itself as the world’s preeminentprovider of energy. Saudi Aramco’s strategic goal has been advanced significantly thanks to thefirm’s initiatives in the aforementioned areas of concentration. Even if renewable energy sourcesare becoming increasingly popular, the leadership team continues to put all of its attention on oil5and gas extraction. It makes a negligible contribution to the development of renewable energysources. For example, in 2016, it formed an investment fund to investigate renewable energyalongside other major oil firms BP, Eni, Royal Dutch, Shell, Total, and Statoil. The competitorsof Saudi Aramco have been making significant progress in the direction of pursuing energy fromrenewable sources (Al-Dhubaib 2008). For instance, Total paid $1.4 billion (Macalister) topurchase SunPower in 2011. Total, on the other hand, is working on developing low-carbontechnology through its New Energies department (Macalister). Shell’s Modern Energy groupreceives $200 million in funding per year.When compared to other leading corporations, I believe Saudi Aramco would fare better ifit made significant investments in energy from renewable sources. Saudi Aramco needs todiversify its offerings beyond oil and gas if it is to meet its strategic goal of being a global leaderin the provision of energy. Because of rising demand and rising costs, the transition to renewableenergy sources is unavoidable. Hydroelectric, wind, solar, biomass, geothermal energies, and tidegenerated electricity are only a few examples of fast-expanding other forms of energy. In the lastdecade, renewable energy sources have expanded rapidly. Consequently, Saudi Aramco ought tocapitalize on the chance and dominate the industry through the application of its technological andinnovative strategies.Adopting new technologies and approaches is crucial to the growth and longevity of anorganization. Saudi Aramco is dedicated to lowering carbon dioxide production and expandingaccess to clean power. The company is also developing materials that help reduce fuel usage andprovide high-quality goods for customers. When it comes to technological advancement andinnovation, the corporation has set some quite ambitious ambitions. As a result, it has implementeda cutting-edge, powerful innovation model that draws on the skills, knowledge, and perspectivesof scientists all across the world. The company’s dedication to research gives me confidence thatit will realize its vision of being a market leader in energy generation and distribution. SaudiAramco maintains labs in several countries. The corporation has been able to meet its innovationgoals through international partnerships and the establishment of research facilities around theworld. Research collaborations broaden the potential for discoveries and technological advances.The efforts of an organization’s staff are crucial to its success. Numerous jobs are availableat Saudi Aramco, and all workers are involved in projects with global significance (Al-Dhubaib2008). The company’s success in recruiting and retaining top talent can be attributed in large part6to its emphasis on employee autonomy and responsibility, teamwork, and recognition. Theorganization’s focus on career advancement and internal promotion is a major draw for brightyoung professionals.The current manufacturing and processing ability at Saudi Aramco is substantial and maybe expanded. The company can now advertise to a broader demographic.Saudi Aramco uses cutting-edge machinery and software to manufacture and organize itsmany offerings. Therefore, it has the potential to increase output and income. According to a 2009study by Gavin, Aramco has a few of the globe’s cheapest manufacturing expenses per barrel.Therefore, a secure but low-income neighborhood could be ideal for its growth. The corporateenvironment and operational requirements at Aramco Corporation must be closely monitored toensure compliance with all laws and regulations to which the company is subject. In the modernprivacy and security of data climate, a company’s success is tied to its ability to build fruitfulalliances with advocacy organizations and governmental networks. As a result of its massiverevenue and profit, Aramco may set its prices higher than those of its competitors. With an outputof twelve million barrels per day, Saudi Aramco easily takes the crown as the globe’s biggest oilcorporation. Effectiveness of the business’s attempts in the five pillars of its plan to become thepremier energy provider. But because sources of clean electricity have received so little funding,they fall short. Saudi Aramco needs to double down on its commitment to clean energy.Competitors like Total or Shell have invested enormous expenditures in green power and set upalternative energy research units. To stay competitive, Saudi Aramco must expand its spending onenergy from renewable sources and strengthen its ecological safeguards.Most appropriate strategies to improve the performance of the organizationThere are two tiers to a company’s information technology (IT) system. The underlyinglayer consists of physically separated, team-managed servers that are not connected to the Internet.The second layer is an interface for clients, vendors, and staff to communicate with the company’sbilling software. The web-based interface has been designed to be as simple as feasible so that anymember of staff can use it with no training or prior experience. The user interface is hostedelsewhere, rather than on the company’s servers.The company’s objectives include increasing sales as well as customer happiness whiledecreasing expenses. The IT team has set out to accomplish this by ensuring that all of the7company’s systems are kept at a specific degree of technical proficiency. Employee participationin the creation process is key to achieving this goal. Sustaining a high-quality digital front fromthe perspectives of both aesthetics and safety is one of the biggest difficulties facing Technologyat this company, along with retaining and motivating a highly pertinent workforce.Technology InvolvedHardwareThe hardware is a complex system that relies on a wide variety of parts to operate. A computer’shardware will typically consist of the computer’s motherboard (CPU), the central processor unit aswell as (RAM). The random-access memory the term “motherboard” refers to the board thattypically contains the CPU. The central processing unit is housed in an opening on the motherboardthat additionally houses other chips (also referred to ICs) for input, output, as well as control. RAMis the computer memory that stores the instructions for the central processing unit and is locatedin variously sized modules on the computer’s motherboard.SoftwareThe term “enterprise software” refers to any programs utilized within an organization.These tools can reliably deliver the functionality required by the business. Despite its manybenefits, enterprise software can have some drawbacks, especially when compared to simplersolutions. The typical user may have difficulty mastering all of the features of enterprise software.The initial investment in such software is not the only expense that you’ll face if you decide to useit. These factors matter while determining whether or not to implement enterprise software.TelecommunicationSignals can be transmitted from one location to another thanks to telecommunications. Thetelephone is an instance of this. Electric wires, microwave structures, and cables made of fiberoptics are all used in the field of telecommunications. There are many varieties of communicationavailable in the modern world, and more are being developed all the time. (Boychenko et al., 2019)8other types serve different functions and may be deployed for unique applications. This piece willtalk about the current telecommunications network and how it has changed our culture.Information securityConfidentiality, honesty and availability, and responsibility are the four pillars of thesecurity of information. The CIA trio can be seen in these guiding concepts. The first is secrecy,which means information should not be used in ways other than those intended by its originator.In addition, data integrity must be maintained by checking that information has not been altered inany way without authorization. The term “availability” is used to describe the requirement thatnetworks and personal computers operate without disruptions or periods of scheduled repairs.Accountability, or maintaining an open and honest flow of work throughout the procedure, is anassociated problem. As technology has progressed, so has the field of security of information.From card punches to paper tapes to magnetic cassettes to optical discs and portable solid-statedrives, CDs, floppy discs, DVDs, and various other small media for storing information, the datatypes utilized for storing and tr…

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