Energy, Oil & Gas

Aramco, Riyadh Air MoU to explore low-carbon fuel supply

Aramco, one of the world’s leading integrated energy and chemicals companies, and Riyadh Air, KSA's new premium international airline, have signed an MoU to collaborate in low-carbon fuel supply and sustainability.
 
 
The MoU was signed during the FII 8th Edition in Riyadh. 
 
Yasser M Mufti, Aramco Executive Vice President of Products & Customers, said: “We are delighted by the prospect of exploring a wide variety of opportunities for collaboration between Aramco and Riyadh Air. Both companies have expressed a desire to adopt latest technologies, elevate experiences and contribute to sustainability objectives. Aramco’s work to develop lower-carbon fuels, its strong focus on digitalisation, and its aviation experience, among other things, provide a strong platform for potential cooperation with Riyadh Air.”
 
Adam Boukadida, Riyadh Air Chief Financial officer, said: “Our partnership with Aramco aligns perfectly with our ambition to become a leading global airline committed to sustainability and low-carbon fuels. By leveraging Aramco’s expertise, we aim to improve our operational capabilities and provide outstanding experiences for our guests. Together, we can play a significant role in advancing the kingdom’s environmental and economic objectives.”--TradeArabia News Service