Once registered, your company and products/services will be subjected to a thorough evaluation, which includes:
The entire process from initial registration to final qualification can be lengthy, often lasting from , depending on the complexity of your product and your company's readiness.
Many enterprises fail to secure approval due to preventable procedural oversights. aramco approved 2021
The designation is more than a historical footnote; it is a testament to a company’s ability to meet world-class oil and gas standards. If you hold this status, you have a proven track record with the world’s largest energy exporter.
While the full list is proprietary, public records from the Saudi Stock Exchange (Tadawul) and Aramco’s annual review revealed several new entrants and upgrades in 2021: Once registered, your company and products/services will be
Vendors must provide detailed financial statements showing they can deliver on projects on time and within budget.
Prior to 2021, the approval process was fragmented. However, in 2021, Aramco consolidated its requirements under the . To achieve Aramco Approved 2021 status, vendors had to meet these non-negotiable pillars: If you hold this status, you have a
The biggest hurdle in 2021 was the . Aramco required a minimum Local Content score of 35% for service contracts and 45% for manufactured products. Companies without a physical Saudi workshop or local partner were largely excluded from the 2021 list.
As of the 2021 fiscal year, Aramco revised its procurement standards, safety requirements, and technical qualification matrices. This article provides a deep dive into what “Aramco Approved 2021” means, who made the list, how the approval process changed, and why 2021 remains a benchmark year for contractors today.