Aramco Approved 2021 May 2026

Being Aramco approved is an official qualification granted to workers, contractors, and suppliers who meet Saudi Aramco's rigorous standards. It is not a single certification but rather a category-based recognition:

Approved Vendors & Contractors: Companies listed in the Aramco Approved Vendor List (AVL) that have passed prequalification for specific goods or services.

Approved Materials: Products that comply with Aramco Material System Specifications (SAMSS).

Project-Specific Role Approvals: Individual professionals (such as QA/QC inspectors, welders, and engineers) who are approved to work on specific projects via their employers. Major Approvals and Milestones in 2021

The year 2021 was a transformative period for Aramco’s project approvals and corporate strategy. Key developments included:

The Jafurah Field Development: In November 2021, Aramco awarded contracts worth $10 billion for the development of the Jafurah field, the largest non-associated gas field in Saudi Arabia.

Namaat Expansion: Aramco announced a major expansion of its industrial investment program, Namaat, signing 22 new Memoranda of Understanding (MoUs) in areas such as modular construction, digital solutions, and carbon capture.

Sustainability Commitment: In October 2021, the company announced its ambition to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across wholly-owned operated assets by 2050.

Financial Growth: Following the global economic reopening, Aramco's net profit more than doubled in 2021, driven by higher oil prices and a robust recovery in demand. Why Aramco Approval is Crucial

For any business or worker, obtaining this status is a career-defining achievement or a critical business requirement. For Companies Why 'Aramco Approved' is Valued & Chosen for Workers?

Saudi Arabia and beyond, obtaining this approval in 2021 opened doors to some of the world's most lucrative energy and infrastructure projects. The Impact of 2021 Approvals

The year 2021 was a pivotal period for Saudi Aramco as it navigated a post-pandemic recovery, reporting a massive 124% increase in net profit to reach $110 billion for the full year. This financial surge translated into a significant push for new project approvals and contract awards, particularly in segments like the King Salman International Complex for Maritime Industries.

Being listed on the Aramco Approved Vendor List (AVL) in 2021 meant a company had successfully passed one of the industry's most rigorous prequalification processes. 2021 Approved Vendor Highlights

Several prominent companies maintained or secured their approved status in 2021 across various specialized categories:

Scaffolding & Construction: Companies such as Arabian Fal Holdings (Vendor #10005717) and Nasser S. Al-Hajri (Vendor #10006602) were key approved entities for specialized services. aramco approved 2021

Manufacturing: Arabian Pipes Company (APC) and international players like Vyksa Steel Works (Russia) appeared on major material manufacturer lists.

Service Providers: Firms like Sendan International and Mohammed Salem Al-Suwaidi Company had their statuses updated or revised as recently as December 2021. Core Requirements for Aramco Approval Become a supplier | Aramco

The year 2021 was a landmark period for Saudi Aramco , marked by a historic financial recovery and a strategic pivot toward long-term sustainability. Coming off the back of the global COVID-19 pandemic, the company’s "approved" financial results and strategic initiatives for 2021 demonstrated its resilience and its central role in the global energy transition. www.aramco.com Financial Recovery and Growth

Aramco’s 2021 financial performance was characterized by a massive surge in profitability. Net income skyrocketed by $110 billion

, compared to $49 billion in 2020. This growth was driven by: www.aramco.com Crude Oil Prices : A sharp rise in global demand as economies reopened. Downstream Integration

: Stronger refining and chemicals margins, further bolstered by the consolidation of full-year results. Capital Discipline : Free cash flow reached $107.5 billion , allowing the company to declare $75 billion

in cash dividends while reducing its gearing ratio from 23% to 14.2%. www.aramco.com Strategic "Aramco Approval" and Operations In the context of Saudi Arabia's industrial sector, Aramco approval

is a critical credential that certifies a company has met the energy giant's rigorous standards for technical capability, safety, and quality. In 2021, Aramco leveraged its network of approved contractors and vendors to advance major projects: alhosnarabia.com Production Expansion

: The company progressed toward increasing its Maximum Sustainable Capacity (MSC) to 13 million barrels per day (mmbpd) Gas Development : 2021 saw the commencement of the

project, the Kingdom's largest unconventional gas field, aimed at replacing oil for domestic power generation. Portfolio Optimization

: Two major lease-and-leaseback deals for its oil and gas pipeline networks raised over $27 billion , attracting global investment from firms like www.aramco.com The Pivot to Sustainability

October 2021 marked a significant turning point as Aramco announced its ambition to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions

across its wholly-owned assets by 2050. Key pillars of this strategy included: www.aramco.com Blue Hydrogen and Ammonia

: Investing in low-carbon fuels to sustain demand in a carbon-constrained future. Renewables : Acquiring a 30% stake in the Sudair Solar PV project , one of the world's largest solar plants. Circular Carbon Economy Being Aramco approved is an official qualification granted

: Utilizing technologies like Carbon Capture and Storage (CCS) to minimize the carbon footprint of traditional hydrocarbons. www.aramco.com Conclusion

By the end of 2021, Aramco had not only repaired the financial damage of the pandemic but had also laid the groundwork for a dual-track future. It remains the world's most reliable supplier of affordable energy while simultaneously transforming into a leader in the global energy transition through technological innovation and rigorous operational standards. www.aramco.com for obtaining Aramco approval as a vendor? Aramco announces third quarter 2021 results

Saudi Aramco 2021 Performance Report In 2021, Saudi Aramco experienced a major financial recovery, driven by higher crude oil prices and improved refining margins. The company reported a net income of $110.0 billion, a 124% increase from $49.0 billion in 2020. Financial Highlights Revenue: Surged 75% year-on-year to SR 1.35 trillion.

Free Cash Flow: Reached $107.5 billion, more than doubling from $49.1 billion in 2020.

Dividends: Declared a total cash dividend of $75 billion for the year.

Capital Expenditure: Increased by 18% to $31.9 billion to support growth projects.

Gearing Ratio: Improved significantly to 14.2% by year-end, down from 23.0% in 2020. Saudi Arabian Oil Co (2222) SAR 28.80 2.74% since Jan 3, 2021 As of Apr 26, 15:19 GMT+3 • Disclaimer Dec 30, 2021 Strategic & Operational Milestones

Sustainability Ambition: In October 2021, Aramco announced its goal to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across wholly-owned operated assets by 2050.

Jafurah Gas Field: Commenced development of the largest non-associated gas field in Saudi Arabia, targeting 2 billion standard cubic feet per day by 2030.

Industrial Investment: Expanded the Namaat program with 22 new MoUs to drive economic diversification and localization.

Infrastructure Optimization: Signed a $15.5 billion lease and leaseback deal for its gas pipeline network.

Energy Capacity: Focused on increasing Maximum Sustainable Capacity (MSC) to 13.0 million barrels per day by 2027. Aramco announces full-year 2021 results

In 2021, Saudi Aramco experienced a massive financial rebound, doubling its net income as global energy markets recovered

. The year was marked by high-stakes infrastructure deals and a new long-term commitment to sustainability. Financial Powerhouse Results Step 1: Reconstruct your 2021-Ready Portfolio

Aramco's performance in 2021 was defined by "financial discipline" and a significant rise in crude oil prices. Net Income : Surged to $110.0 billion , a 124% increase from $49.0 billion in 2020. Free Cash Flow $107.5 billion , up from $49.1 billion the previous year. : Declared a total cash dividend of $75 billion for the year. Gearing Ratio : Improved significantly, dropping to by year-end from 23.0% in 2020. Strategic Moves & Infrastructure Deals

Aramco optimized its portfolio through massive "lease and leaseback" agreements to unlock value from its infrastructure. Gas Pipeline Deal : Signed a $15.5 billion deal in December with a consortium led by BlackRock Real Assets Oil Pipeline Deal : Earlier in the year, closed a $12.4 billion deal for its oil pipeline network with a consortium led by EIG Global Energy Partners SABIC Integration

: Transferred marketing and sales responsibility for many petrochemical products to as part of its chemicals-led growth strategy. Aramco announces full-year 2021 results

Step 1: Reconstruct your 2021-Ready Portfolio

  • Audit your 2020-2021 financials. Can you show stability during the COVID dip? If not, use your 2022-2024 data to demonstrate growth.
  • Hire a local agent. You need a Saudi-based logistics and legal partner. Without one, your application will look like it belongs in 2010, not 2021.

The Ultimate Guide to "Aramco Approved 2021": How to Secure Your IKTVA Certification

In the oil and gas industry, few credentials carry as much weight as the Saudi Aramco Vendor Approval. For contractors, manufacturers, and service providers worldwide, the phrase "Aramco Approved 2021" represents more than just a stamp of approval—it is a golden ticket to the world’s most lucrative energy market.

While we have moved past 2021, understanding the specific requirements, procedural changes, and strategic nuances of the 2021 approval cycle remains critical. Why? Because the standards set in 2021—driven by the IKTVA (In-Kingdom Total Value Add) program—continue to shape Aramco’s procurement landscape today. If you missed the 2021 wave, this guide will explain how to retroactively align your business to meet those benchmarks and secure your spot for future tenders.

Got "Aramco Approved 2021"? Here is Your Next Move

If your company holds a valid approval from 2021, do not rest. The market has moved to 2025 standards. You need to:

  1. Renew Your IKTVA Score: Log into the IKTVA portal and submit your latest local content data. You need a score >45% to be competitive today.
  2. Update Cybersecurity Compliance: The 2021 standards are obsolete. You must now pass the NCA ECC audit.
  3. Check Your UNSPSC Codes: Aramco reclassifies commodity codes every two years. Ensure your approved codes match what you actually sell.

What Changed in 2021?

The year 2021 was a turning point for Aramco’s procurement strategy. Coming out of the 2020 oil price volatility and moving into Saudi Vision 2030, Aramco drastically overhauled its vendor criteria. The "2021" tag typically refers to three major shifts:

What Does "Aramco Approved 2021" Actually Mean?

"Aramco approved" refers to a supplier or contractor who has successfully completed Saudi Aramco's rigorous pre-qualification process, allowing them to bid on projects. The "2021" qualifier is significant for two reasons:

  1. Post-Pandemic Realignment: 2021 marked Aramco’s aggressive recovery strategy following the 2020 oil price crash and COVID-19 disruptions. The approval criteria tightened around financial liquidity and supply chain resilience.
  2. IKTVA 2.0: By 2021, the IKTVA program had matured. The local content requirement was no longer a "nice-to-have" but a mandatory scoring factor. To be Aramco approved in 2021, a company needed to demonstrate a concrete plan to manufacture, assemble, or service products within Saudi borders.

Key Takeaway: Being "Aramco approved 2021" means your company survived a stress test of financial solvency, technical capability, and local value contribution at a time when Aramco was pivoting toward Vision 2030.

1. Financial Stability (The "Acumen" Phase)

In 2021, Aramco partnered with Acumen (now part of Dow Jones) to handle financial pre-qualification. Suppliers were required to submit:

  • Audited financial statements for the last 3 years.
  • Proof of minimum annual revenue (varies by vendor category, typically $1M+ for service providers).
  • A positive net worth and liquidity ratio to weather market volatility.

How to Verify Your "Aramco Approved 2021" Status

If you believe your company was approved in 2021, or you are looking back to benchmark against that cycle, verification is critical. Scammers often claim "Aramco Approved 2021" status fraudulently.

Official verification steps:

  1. Log into the Saudi Aramco Supplier Portal.
  2. Navigate to "Vendor Master Data."
  3. Look for the "Approval Date" field. If it reads between Jan 1, 2021, and Dec 31, 2021, you hold that status.
  4. Check the "Approval Validity" – most 2021 approvals required renewal in 2024.

Note: Aramco does not issue "certificates" of approval. The only proof is the digital listing on the SMS.

4. Technical Qualifications

To be Aramco Approved 2021, a firm had to demonstrate that its quality management system was certified to ISO 9001:2015 and, for manufacturing, API or ASME standards. Aramco's inspection services division (PID) conducted random "Pre-Award Audits" more frequently in 2021 than ever before.