Tag Archive

Aramco unveils new ‘Fourth industrial revolution center’

Aramco unveils new ‘Fourth industrial revolution center’

March 21, 2019 No Comments

At Aramco’s premises in Dhahran, a remodeled and vastly expanded office wing has been converted into a 4IR Center, where technological and digital innovation is, in turn, transforming the way in which the company runs its operations. In a global economy that is increasingly leveraging the opportunities afforded by what is known as the ‘Fourth […]

Aramco shows innovation and technology leadership at  CERAWeek 2019

Aramco shows innovation and technology leadership at CERAWeek 2019

March 20, 2019 No Comments

Saudi Aramco’s leading role in energy innovation was on full display at CERAWeek 2019 in Houston as the company’s technology strategists and researchers discussed their latest solutions and spoke about the path forward for new technologies to drive sustainability in the industry. Saudi Aramco chief technology officer Ahmad O. Al-Khowaiter spoke on a panel called […]

Petro Environment 2019

Petro Environment 2019

March 13, 2019 No Comments

Held for the third time in Saudi Arabia, the 25-year-old “Symposium and Exhibition on Environmental Progress in the Petroleum & Petrochemical Industry” hosted by the Environmental Technology & Management Association, gathers the oil and gas, and petrochemicals sectors for an interactive symposium and commercial exhibition. The event’s patron, HRH Prince Saud ibn Nayef ibn ‘Abd […]

Saudi Aramco Energy Ventures invests in Earth Science Analytics

Saudi Aramco Energy Ventures invests in Earth Science Analytics

March 8, 2019 No Comments

Earth Science Analytics AS, a Norwegian provider of artificial intelligence-based petroleum geospatial software, has closed a financing round A with Saudi Aramco Energy Ventures (SAEV). Saudi Aramco Energy Ventures is the corporate venture arm of Saudi Aramco, a world-leading integrated energy and chemical company. Earth Science Analytics is at the forefront of developing the next […]

Saudi Aramco at Geneva International Motor Show

Saudi Aramco at Geneva International Motor Show

March 7, 2019 No Comments

Saudi Aramco is participating in the Geneva International Motor Show for the first time to showcase a number of transport technologies that have the potential to significantly enhance efficiency and reduce carbon dioxide (CO2) emissions. This participation is in line with the Company’s active efforts to improve the efficiency of energy use in the transport […]

Students get a lesson on renewables in visit to Saudi Aramco

February 27, 2019 No Comments

Saudi Aramco’s Renewables Department recently held an awareness meeting for students from five schools in the Eastern Province. The goal of the meeting was to introduce renewable energy to inspire the students who have a desire to work in this field. Approximately 100 students attended the meeting, which included a number of presentations to introduce […]

Tags: , , Renewables
McDermott Awarded EPCI Contract from Saudi Aramco

McDermott Awarded EPCI Contract from Saudi Aramco

February 26, 2019 No Comments

McDermott International, Inc. (NYSE: MDR) announced a large* contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi Arabia. The contract includes the full suite of EPCI services for the upgrade of two existing platforms related to the installation of associated equipment for electrical submersible pumps […]

Saudi Aramco acquires stake in Zhejiang Integrated Refining & Petrochemical Complex

Saudi Aramco acquires stake in Zhejiang Integrated Refining & Petrochemical Complex

February 25, 2019 No Comments

Saudi Aramco signed three Memoranda of Understanding (MoUs) aimed at expanding its downstream presence in the Zhejiang province, one of the most developed regions in China. The company aims to acquire a 9% stake in Zhejiang Petrochemical’s 800,000 barrels per day integrated refinery and petrochemical complex, located in the city of Zhoushan. The first agreement […]

Saudi Aramco signs agreement to form Joint Venture with NORINCO and Panjin Sincen

Saudi Aramco signs agreement to form Joint Venture with NORINCO and Panjin Sincen

February 25, 2019 No Comments

Saudi Aramco signed an agreement to form a joint venture with NORINCO Group and Panjin Sincen to develop a fully integrated refining and petrochemical complex, located in the city of Panjin in the Liaoning province of China. The partners will create a new company, Huajin Aramco Petrochemical Co. Ltd., as part of a project that […]

Arabian Rig Manufacturing

Arabian Rig Manufacturing

February 18, 2019 No Comments

Saudi Aramco and National Oilwell Varco Incorporated (NOV) recently held the first Arabian Rig Manufacturing (ARM) Board of Managers meeting. ARM is a newly formed company, a joint venture (JV) between NOV (owning 70% of the JV’s shares) and Saudi Aramco. Highlights of the meeting included the appointment of senior officials and the approval of […]

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