Well No.7 that established KSA on world oil map

Updated 01 August 2015

Well No.7 that established KSA on world oil map

DAMMAM: On April 30 1935, drilling started on test well No. 1 in Dammam. After seven months, only gas was found with traces of oil at a depth of 700 meters. So it had to be plugged. Drilling began on Dammam well No. 2 on Feb. 8, 1936, and started producing oil on June 1936 at a depth of 633 meters, with 3,840 barrels per day. This encouraged digging test wells 3, 4, 5 and 6 in Dammam.
In December 1936 geological engineer Max Steineke asked diggers to start digging the seventh deep-test well in Dammam even after getting disappointing results in the other six wells.
After 10 months, at a depth of 1,097 meters, 5.7 liters of oil was found in a flow of mud with gush of gas. At the end of 1937, after drilling to a depth of 1,382 meters, no oil was found.
During the first week of March, 1938, at a depth of 1,440 meters, Dammam No. 7 started producing commercial quantities, reaching more than 3,810 barrels per day by the end of the month.
King Abdul Aziz signed a concession agreement for oil exploration with Standard Oil Company of California (SoCal) then, and as a result, geologists flocked to the city of Dammam to start exploration.
In October 1938, the Kingdom officially announced the discovery of oil in commercial quantities from Dammam No. 7. Hence, a pipeline along the 69 km from the oilfield in Dammam was established to the Port of Ras Tanura in 1939.
The first shipment of crude oil was exported on the first of May 1939 in the presence of King Abdul Aziz.
Dammam No. 7 stands on a hill named Jabal Dhahran and continued producing oil until 1982 when, because of operational reasons, it was taken out of production after 45 years of continuous production. Neither could the first Saudi and American drillers have imagined, even after they struck oil, that Dammam No. 7 would be capable of producing not for months or years, but for several decades, or that this one well would pour out more than 32 million barrels of oil with a daily average of 1,600 barrels.
Saudi Aramco company now has more than 50,000 employees, about 550 wells in production, 20,500 km of flow-lines and pipelines and more than 60 gas-oil separator plants.


Misk Initiatives Center signs 12 deals to develop youth talent

Updated 15 November 2019

Misk Initiatives Center signs 12 deals to develop youth talent

  • MoUs with top firms such as Chinese tech giant Huawei, French oil major Total open new opportunities

RIYADH: The Prince Mohammed bin Salman’s Foundation Misk Initiatives Center has signed 12 memorandums of understanding (MoU) on the sidelines of the Misk Global Forum in Riyadh with local and international companies to support and develop youth talent.

Among the companies were the Chinese tech giant Huawei, the French oil firm Total, the Emirati Federal Youth Authority, and the Ministry of Economy and Planning.

The agreements stipulated joint work between the two parties in the fields of talent development in Saudi Arabia and information and communications technology, in accordance with the National Transformation Program 2020 and the Kingdom’s Vision 2030. 

This initiative aims to find ways of cooperation and employment opportunities between the two parties.

The MoU signed between the center and the Emirati Federal Youth Authority provides for the enhancement of joint cooperation in support of youth. 

The two parties will seek to discuss future cooperation, to build a strategic partnership between the two parties in exploring potential cooperative opportunities and setting a framework for such cooperation, in addition to organizing the exchange of technologies and innovations through the joint organization of courses, forums and workshops.

The MoU aims at creating a specialized scientific dialogue between the two parties, conducting joint research at the institutes in the field of entrepreneurship and the skills of the future, considering launching joint initiatives, and examining the possibilities of cooperative programs based on the extensive experience of Misk and the Federal Youth Authority.

Misk’s Initiatives Center agreement with Total will promote joint cooperation, find training opportunities for Saudi talent at the company’s headquarters and facilities, and cooperate on educational programs that support entrepreneurship and an ecosystem for startup companies, especially in the fields of energy and technology.

The Misk Global Forum also witnessed the signing of a MoU with “Hub71” to promote learning and leadership among Saudi youth, and enhance opportunities for joint collaboration, in addition to two MoUs with 500 startups and seed stars “to promote joint cooperation between the two parties, to develop and grow the business of startups and provide them with the necessary
environment.”

Misk also signed a MoU with the Public Institution for Education and Global Leadership to promote joint cooperation and achieve the objectives of both sides, to support innovation initiatives that instill the entrepreneurial mindset of young people, as well as the establishment and organization of entrepreneurship approaches. 

Both parties agreed to focus on exploring potential collaborative opportunities related to the Entrepreneurship World Cup, and establish a competition with competitors coming from 170 countries.

Both parties also agreed to support international competitions aimed at identifying the best solutions in various fields and sectors, as well as exchanging programs on entrepreneurship and innovation.

The center has signed a MoU with the Saudi Industrial Development Fund to discuss the possibility of providing training programs and courses for the center’s employees of the Fund and the relevant authorities. In addition to discussing available opportunities for cooperative training within the Fund, and providing opportunities for participation and contribution of the Fund’s staff in Misk’s programs.

The MoU aims to explore the benefits of existing agreements between the two parties with international financial and educational institutions, in order to find opportunities that provide programs, training and educational courses, and granting cooperative trainings for Saudi youth in those global institutions.

The center also signed a MoU with the Islamic Educational, Scientific and Cultural Organization (ISESCO), aiming to enhance joint cooperation on educational technology and its integration into the educational systems in the Islamic world.

An MoU with King Abdullah University of Science and Technology (KAUST) will enhance the cooperation between the two parties in several initiatives, including academic development, training, entrepreneurship and innovation programs.

An MoU with Endeavor Saudi Arabia will support the Kingdom’s youth, enhance their talents and potential, stimulate economic growth, and find ways of cooperation between the two parties that serve their common interests.

The center’s MoU with the Ministry of Economy and Planning aims to spread awareness, provide new information on the education and training of human resources in the administrative and economic fields, youth empowerment, and coordinate efforts to raise their abilities.

The MoU aims to create cooperative training opportunities in local and international institutions with the purpose of workforce growth in the Kingdom’s economic sector, contributing to the development of national competencies in the economy, policies and procedures, strategic planning, in addition to providing job opportunities for graduates from areas that serve the interests of both parties and support the achievement of the Kingdom’s Vision 2030.