Saudi Arabia's Public Investment Fund (PIF) and Aramco have signed a non-binding term sheet outlining the key terms for Aramco to acquire a significant minority stake in HUMAIN, a PIF company, advancing a full range of AI capabilities globally.
Yokogawa Electric Corporation has deployed multiple autonomous control AI agents at Aramco’s Fadhili Gas Plant in Saudi Arabia, marking a milestone in industrial AI solutions and enhancing operational efficiency in process automation technology.
Saudi oil giant Aramco has announced the completion of an $11 billion lease and leaseback investment deal for its Jafurah gas processing facilities with a consortium of investors led by funds managed by Global Infrastructure Partners, a part of BlackRock.
Saudi Arabia and Singapore plan to store Saudi crude oil at Singapore’s Jurong Rock Caverns on Jurong Island, with operations expected to begin in the second half of 2027. The initiative aims to strengthen bilateral energy cooperation and regional supply resilience.
Baker Hughes has announced that it has secured a major contract from oil giant Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The order was booked in the third quarter.
Saudi Arabia and state oil giant Aramco are seeking partnerships with foreign governments to expand overseas strategic oil storage capacity, as the company anticipates a significant increase in demand following the Middle East conflict.
Kent has announced that it has secured the Front-End Engineering Design (FEED) contract from Al-Khafji Joint Operations, a joint venture between Aramco and Kuwait Gulf Oil, for the upgrade services at its desalter and water treatment plant in Saudi Arabia.
A Saudi Aramco administrative building in Dhahran, in the Eastern Region of Saudi Arabia, was targeted by Yemen's Houthi militia on Tuesday evening, triggering a limited fire, according to an official source at the Saudi Ministry of Energy.
King Abdullah University of Science and Technology (KAUST) and Aramco have signed an IP license agreement for commercialisation of the Hybrid Unmanned Aerial Vehicle Crawler Technology (HUCT).
Saudi Steel Pipe Company (SSP), a leading manufacturer and supplier of electrically resistance welded (ERW) steel pipes, has announced that it has secured a key contract to deliver steel pipes to Saudi oil giant Aramco. The entire supply work will be completed within a one-year period.
