Arabian American Oil Company

The Arabian American Oil Company (1933-1990; now Saudi Aramco) is a petroleum partnership between U.S. firms and Saudi Arabia, which traces its origins to 29 May 1933, when the Saudi Arabian government granted a concession to the Standard Oil Co. of California (Chevron) in preference to a rival bid from the Iraq Petroleum Co. The concession allowed the Standard Oil Co. to explore for oil in Saudi Arabia.

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