News

Aramco signs letter of intent with Geely and Renault Group

  • March 2, 2023
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Aramco has signed a letter of intent to become a potential minority stakeholder in a new powertrain technology company (PWT), to be established by Geely Holding Group (Geely Holding), Geely Automobile Holdings Limited (Geely Auto HK.0175) — collectively referred to as “Geely” — and Renault Group. The new company will be dedicated to internal combustion […]

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Aramco and Zoom to build Zoom’s first global data center in Saudi Arabia

  • February 7, 2023
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Saudi Arabia’s Aramco has announced a strategic partnership with Zoom and an increase in funding for Wa’ed Ventures. The announcements were made at the second edition of LEAP, a major international technology conference held annually in the Kingdom of Saudi Arabia. The strategic partnership with Aramco aims to build Zoom’s first global data center in […]

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Aramco and Aspen Partner for carbon emissions reduction

  • December 15, 2022
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Aspen Technology has announced a partnership with Aramco to introduce a unique, integrated modelling and optimization solution that will enable capital intensive industries to achieve practical and economic solutions for Carbon Capture and Utilization (CCU). The new solution is based on technology developed by Aramco collaboratively with the Korea Advanced Institute of Science & Technology […]

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Honeywell and Aramco announce JV to accelerate sustainable digital transformation

  • November 3, 2022
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Honeywell and Aramco have announced the signing of a joint venture (JV) agreement to provide a set of end-to-end business process automation solutions, under the Aramco Namaat Industrial Investments Program. The new JV offerings will leverage Aramco’s Plant.Digital platform (formerly Integrated Manufacturing Operations Management System – iMOMS) as well as Honeywell Connected Enterprise’s technology development […]