Saudi Aramco, China North Industries Corporation (NORINCO), and Panjin Xincheng Industrial Group, Co., Ltd. signed the joint development agreement and held a groundbreaking ceremony for the Saudi Aramco – NORINCO Refining, Petrochemical and Retail Project in Panjin, in northeast China’s Liaoning province. The idea for this project received a major boost during the visit by The Custodian
Nearly 40 Korean companies and 100 participants recently attended the “Downstream Manufacturing Opportunities in Saudi Arabia” forum in Seoul, South Korea, as a way to promote investment opportunities in Saudi Arabia. Organized by Aramco Asia-Korea (AAK) in collaboration with Sadara Chemical Company, the Royal Commission for Jubail and Yanbu’ (RCJY), and the Saudi Arabian Industrial
Roads of Arabia: Archeological Treasures of Saudi Arabia’ exhibition, a joint initiative of Saudi Aramco’s King Abdulaziz Center for World Culture and the Saudi Commission for Tourism and National Heritage (SCTH), was inaugurated yesterday at the National Museum of Korea in Seoul. The exhibition was inaugurated by HRH Prince Sultan bin Salman Al Saud, President
Saudi Aramco President and Chief Executive Officer Amin H. Nasser said today as the global oil market rebalances, the industry needs to avoid letting short term factors overshadow the need for long term investments. Oil will play a key role in meeting future global energy demand despite scenarios of peak demand and stranded resources, which
A program offered by Saudi Aramco that promotes knowledge and entices female students to pursue career paths in Science, Technology, Engineering, and Math (STEM) is earning rave reviews from participants. “My daughter had a life-changing experience by attending Saudi Aramco’s recent STEMania Program,” said the mother of a first-grade student from the last cohort of
Investing in state-of-the-art geographical information systems (GIS) to capture, store, check, and display deep layers of highly detailed geographical data will be critical to advancing the ambitions of Saudi Aramco and the Kingdom, the 11th GIS Symposium in Saudi Arabia heard recently. The annual conference, drawing experts from government bodies, geospatial scientists, and representatives of
Developing and managing reservoirs is a complex and challenging process. A new tool, named Reservoir Engineering Integrated Environment (REOnline), helps engineers to better plan, develop and manage the company’s fields and reservoirs. “Saudi Aramco has always been at the forefront of development and deployment of state-of-the-art technologies,” said Sami A. Al-Neaim, manager of the company’s
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