ASMO, a joint venture between Aramco and DHL, has commenced construction of its first purpose built logistics hub at King Salman Energy Park (SPARK), marking a significant milestone in the development of long term logistics infrastructure supporting Saudi Arabia’s energy and industrial sectors.
Aramco and solutions by stc are collaborating to deploy a next-generation supercomputer to enhance upstream operations. The $372.5 million system will boost seismic imaging and reservoir modelling, delivering sevenfold compute capacity, accelerating hydrocarbon discovery.
Aramco and IBM announced their intended collaboration on opportunities to advance AI, agentic AI, automation, material science and other mutually agreed domains in the industrial sector.
Emerson deployed an AI optimisation solution for Aramco by integrating Aspen Hybrid Models into refinery planning, creating a large-scale optimisation system and achieving up to 98.5 per cent accuracy in yield and quality predictions.
Arabian Pipes Company (APC) has announced the signing of a contract with Saudi Aramco for the manufacturing and supply of steel pipes, with a total value of around SR48 million ($12.83 million).
Aramco and Petronas signed an agreement for Petronas to acquire Aramco’s equity stakes in Pengerang Refining Company and Pengerang Petrochemical Company (PRefChem), located within the Pengerang Integrated Complex in Johor, Malaysia.
Aramco, one of the world's leading energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, on Monday officially inaugurated Saudi Arabia’s first quantum computer.
Amin Nasser, President and CEO of Aramco, warned that ongoing disruptions to oil exports through the Strait of Hormuz could postpone the global oil market’s recovery until 2027, according to a report by Reuters.
Oil giant Saudi Aramco reported a sharp rise in first-quarter profit on Sunday, citing strong operational resilience and the ability to maintain exports despite disruptions to shipping through the Strait of Hormuz.
Petro Rabigh, a leading petrochemical company jointly owned by oil giant Aramco and Japan's Sumitomo Chemical, has announced that it has cut its accumulated losses to 14.77% of share capital, dropping below a key regulatory threshold after a capital reduction and a return to profit.
