ENERGY TRANSITION
PROGRESS
Agreement signed to develop a carbon capture and storage hub in Jubail, Saudi Arabia
Purchased a 50 % stake in a blue hydrogen company
Using AI-driven analytics to monitor and reduce greenhouse gas emissions, while most of Aramco’ s critical equipment is AI-monitored, with predictive algorithms helping to improve facility reliability and efficiency
Invested US $ 107m in seven new companies to develop sustainable technologies
Procured 1.1 million tons of carbon credits
HEADQUARTERS: DHAHRAN, SAUDI ARABIA NUMBER OF EMPLOYEES: 73,000 MARKET CAP: US $ 1.6TN NUMBER OF COUNTRIES: 50 +
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