Saudi Aramco (previously Arabian-American Oil Business) is a publicly traded petroleum and natural gas company headquartered in Dhahran, Saudi Arabia, know its IPL 2022 deal and net worth
It is expected to be one of the world’s most profitable corporations by 2022. Saudi Aramco has the world’s second-biggest proven crude oil reserves, with about 270 billion barrels (43 billion cubic metres), as well as the world’s greatest daily oil production of any oil-producing company.
Saudi Aramco Purple And Orange Cap Sponsorship IPL 2022 Details, Valuation, Revenue, Net Worth
| Type | State-owned enterprise |
| Industry | Oil and gas |
| Founded | 29 May 1933; 88 years ago |
| Headquarters | Dhahran, Saudi Arabia |
| Area served | Worldwide |
| Key people | Amin H. Nasser (President & CEO) |
| Yasir Al-Rumayyan, (Chairman) | |
| Products | Petroleum |
| Natural gas | |
| Petrochemical derivatives | |
| Revenue | US$229.9 billion |
| Operating income | US$102.3 billion |
| Net income | US$49.0 billion |
| Total assets | US$510.4 billion |
| Total equity and net worth | US$264.2 billion |
| Owner | Government of Saudi Arabia (98.5%) |
For IPL 2022, The BCCI Has Changed The Names Of The Orange And Purple Caps
In IPL 2022, the prizes for top run-scorer and leading wicket-taker of the season will be renamed.
The 2018 season of the Indian Premier League is expected to be a big one, with 10 clubs and 74 matches. It is being dubbed the largest season in IPL history, and it appears to be having the same effect on the league’s finances. According to sources, the BCCI has sold all of its sponsorship spots for the very first time since the event began in 2008.
Many sponsors have partnered with the league throughout the years and earned significant rewards. The IPL has steadily improved, as seen by the types of deals and sums of money spent by businesses to join the league. This time, though, things have reached a whole new level.
As a result of sponsorship, the IPL earns close to INR 1000 crore
TATA replaced VIVO as the league’s official title sponsor for a rumoured sum of INR 335 crore each season. Since then, numerous companies have joined as official partners, including Rupay (INR 75 crore per year) and Swiggy (INR 65 crore per year).
For the first time ever, a sponsor has obtained the rights to the orange cap (given to the season’s top run-scorer) and purple cap (issued to the season’s leading run-scorer) (awarded to the leading wicket-taker of season). According to journalist K Shriniwas Rao, Saudi oil major Aramco has been awarded the contract of INR 65 crore per year.
IPL 2022 Sponsors List
Title Sponsor: TATA Official Broadcaster:
Star Sports Official Digital
Streaming Partner: Hotstar
Official Partners: Dream 11, Upstox, Unacademy, Swiggy Instamart, Cred, Rupay
Umpire Partner: Paytm
Official Strategic Timeout Partner: CEAT
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