Aramco and Sempra sign Heads of Agreement for Port Arthur LNG Phase 2
Aramco, one of the world’s leading integrated energy and chemicals companies, and Sempra one of North America’s leading energy infrastructure companies, yesterday announce that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year sale and purchase agreement (SPA) for liquefied natural gas (LNG) offtake of 5.0 million tonnes per annum (Mtpa) from the Port […]
Aramco & Rondo Energy partner on gigawatt-scale thermal storage
Aramco, one of the world’s leading global energy and chemicals company, entered into a Memorandum of Understanding (MoU) with Rondo Energy, the leading provider of lower-carbon industrial heat and power. The companies have started engineering studies for the first industrial-scale deployment of Rondo Heat Batteries that would contribute to the reduction of emissions from Aramco […]
Aramco Digital and LTIMindtree sign a shareholders’ agreement
Aramco Digital, the digital and technology subsidiary of Aramco, and LTIMindtree, a global technology consulting and digital solutions company, have signed a shareholders’ agreement to create an IT services company in the Kingdom of Saudi Arabia. The prospective company would showcase innovation in action, including disruptive digital services, and transformative industry 4.0 systems integration capabilities. […]
Dragos And Aramco Signs MoU For Protection Of KSA’s Industrial Infrastructure
Dragos Inc., the global leader in cybersecurity for operational technology (OT) environments, announced recently that it has signed a memorandum of understanding (MOU) with Aramco, one of the global leading integrated energy and chemicals companies. This partnership will review potential opportunities to help protect critical industrial assets and infrastructure for Aramco and its affiliates, and […]
Aramco built two Offshore Manufacturing Yards in cooperation with International Partners
The Saudi Arabian Oil Company (“Aramco” or “the Company”), in collaboration with international partners, is establishing two offshore fabrication yards that aim to deliver a more than 200 percent increase in the Kingdom of Saudi Arabia’s offshore fabrication capacity. The new yards are being constructed in Ras Al Khair in collaboration with National Petroleum Construction […]
Cognite launch the CNTXT for digital transformation services
Aramco and Cognite, a global leader in industrial software, have launched CNTXT, a joint venture based in the Kingdom of Saudi Arabia. Headquartered in Riyadh, CNTXT will support industrial digitalization in the Kingdom and the wider MENA region. CNTXT will provide digital transformation services enabled by advanced cloud solutions and leading industrial software. These solutions […]
Aramco collaborates with L&T for Manufacturing Sector Development
The Saudi Arabian Oil Company (“Aramco” or “the Company”) in collaboration with Indian conglomerate Larsen & Toubro (L&T) is developing manufacturing capabilities in the Kingdom of Saudi Arabia. The companies have signed a Memorandum of Understanding outlining collaboration on L&T’s efforts to establish the region’s first Heavy Wall Pressure Vessels facility at Saudi Arabia’s strategically […]