With the spotlight on developing young talent, the Saudi Aramco EXPEC Advanced Research Center (EXPEC ARC) recently conducted a competition designed to give young researchers an opportunity to hone their presentation skills, develop ties between individuals and recognize exceptional talent while also stimulating creativity. For the ‘Grand Challenge’ competition, EXPEC ARC invited young researchers who
Saudi Aramco presented its In-Kingdom Total Value Add (IKTVA) program to more than 300 local and international suppliers attending General Electric’s Global Supplier Forum in Riyadh last week. Launched in December 2015, the IKTVA program looks to double the value of locally manufactured materials and services purchased to 70% by 2021, which will fuel an
Tanajib port is a hive of activity. Forklifts come and go and spin around the dock with precision in what looks like a well-rehearsed waltz. Ships wait in line to be restocked with supplies, from drilling equipment to mud tanks for the critical drilling operations taking place deep in Gulf waters offshore. Some of the
The year 2015 was a particularly challenging one for our industry. Strategic decisions taken the past few years, including a corporate transformation founded on capital efficiency, innovation, operational excellence, and downstream integration, have placed the company in a position of strength to face these challenges. The positive results of these strategic decisions are reflected in
Saudi Aramco today signed a Joint Development Agreement (JDA) with its potential partners – the National Shipping Company of Saudi Arabia (Bahri), Lamprell, and Hyundai Heavy Industries for developing a Maritime Yard that will provide engineering, manufacturing and repair services for offshore rigs, commercial vessels and offshore support vessels in the Kingdom of Saudi Arabia.
Saudi Aramco Annual Review 2015 – key highlights: Saudi Aramco released its latest Annual Review, titled Energy is Opportunity, highlighting the company’s key results and accomplishments in 2015 which have helped to both strengthen its integrated strategy and expansion downstream, and consolidate its position as the world’s most reliable supplier of energy. HE Khalid A.
A hulking gas turbine – an example of high precision engineering – stands at Siemen’s Dammam Energy Hub complete and ready for delivery to Saudi Aramco’s vast economic city mega-project in Jazan. This turbine represents much more than just another piece of Saudi Aramco’s power generation apparatus. It is the first such turbine assembled in
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