Saudi Aramco

Aramco, top F1 team kindle racing enthusiasm among middle school students in Shanghai

Retrieved on: 
금요일, 5월 3, 2024
Aston, Formula, Formula One, News, Siderian, Finance, Carbon footprint, Saudi Aramco, STEM, Engineering, Mathematics, Science, Go-kart, F1, Student

SHANGHAI, CHINA - Media OutReach Newswire - 23 April 2024 - Aramco and Aston Martin Aramco Formula One Team have jointly launched the "Make A Mark" initiative in Shanghai.

Key Points: 
  • SHANGHAI, CHINA - Media OutReach Newswire - 23 April 2024 - Aramco and Aston Martin Aramco Formula One Team have jointly launched the "Make A Mark" initiative in Shanghai.
  • The event invites local students to immerse themselves in the F1 race, aerodynamic design, material innovation and future-oriented low-carbon fuel technology innovation.
  • During the event, Jessica Hawkins, Aston Martin Aramco Formula One Team's Driver Ambassador and Pedro de la Rosa, Aston Martin Aramco Formula One Team Ambassador, shared their insights with students on the topics of science, technology, engineering, and mathematics (STEM) education.
  • They also expressed their hopes for more young people to become the next generation of technical experts, engineers, and drivers.

Aramco, Top F1 Team Kindle Racing Enthusiasm Among Middle School Students in Shanghai

Retrieved on: 
화요일, 4월 23, 2024
Aston, STEM, Formula One, Engineering, Formula, Siderian, Mathematics, F1, Science, Student, Go-kart, Carbon footprint, Saudi Aramco, Renewable energy

Shanghai, China--(Newsfile Corp. - April 23, 2024) - Aramco and Aston Martin Aramco Formula One Team have jointly launched the "Make A Mark" initiative in Shanghai.

Key Points: 
  • Shanghai, China--(Newsfile Corp. - April 23, 2024) - Aramco and Aston Martin Aramco Formula One Team have jointly launched the "Make A Mark" initiative in Shanghai.
  • The event invites local students to immerse themselves in the F1 race, aerodynamic design, material innovation and future-oriented low-carbon fuel technology innovation.
  • During the event, Jessica Hawkins, Aston Martin Aramco Formula One Team's Driver Ambassador and Pedro de la Rosa, Aston Martin Aramco Formula One Team Ambassador, shared their insights with students on the topics of science, technology, engineering, and mathematics (STEM) education.
  • They also expressed their hopes for more young people to become the next generation of technical experts, engineers, and drivers.

Baker Hughes Awarded Significant Gas Technology Scope for Phase 3 of Saudi Arabia’s Master Gas System

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화요일, 4월 23, 2024
MGS3, Natural gas, Partnership, Saudi Aramco, Carbon, NEOM, Project management, Workforce, Hughes, Arabian Peninsula, Oil

Award builds on Master Gas System Phase 1 & 2 agreement, which saw Baker Hughes deliver 18 centrifugal compressors driven by aeroderivative gas turbines

Key Points: 
  • Award builds on Master Gas System Phase 1 & 2 agreement, which saw Baker Hughes deliver 18 centrifugal compressors driven by aeroderivative gas turbines
    New pipeline aims to increase gas distribution across Saudi Arabia, supporting the Kingdom’s ambition to reduce carbon emissions
    HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project.
  • Baker Hughes will supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines for Aramco’s project.
  • The order follows the delivery of 18 of Baker Hughes centrifugal compressors driven by aeroderivative gas turbines for Phase 1 and 2 of the Master Gas System projects executed by Baker Hughes.
  • “Baker Hughes solutions are advancing the efficient use of natural gas, and we are proud to be delivering a reliable system to transport and distribute gas across Saudi Arabia.”
    Baker Hughes is also investing in expanding its manufacturing site in Modon, Saudi Arabia.

Aspen Technology Introduces New Strategic Planning for Sustainability Pathways Solution

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금요일, 4월 26, 2024
Environment, Technology, Oil, Gas, Sustainability, Green Technology, Energy, Software, Investment, Aspen Technology, Strategic planning, Carbon, Saudi Aramco, CAPEX, EPC, OPEX, Renewable energy

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced AspenTech Strategic Planning for Sustainability Pathways™ – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon capture utilization and storage decision making and sustainability strategy investments.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced AspenTech Strategic Planning for Sustainability Pathways™ – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon capture utilization and storage decision making and sustainability strategy investments.
  • The AspenTech Strategic Planning solution was developed through a licensing agreement with Aramco, one of the world’s leading integrated energy and chemicals companies.
  • As companies make significant investments in technologies to mitigate greenhouse gas emissions, AspenTech’s Strategic Planning solution aims for these large capital investments to drive value and impact sustainability goals.
  • This is the focus of our new strategic planning solution – helping to optimize CAPEX and OPEX investments across the entire carbon capture value chain.”
    Dr. Vikas Dhole, General Manager, Sustainability Solutions at Aspen Technology, said “Carbon capture is but one sustainability pathway.

Aramco and GCT Semiconductor Holding, Inc. Sign MOU to Accelerate the Development of the 4G and 5G Ecosystem in Saudi Arabia

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금요일, 4월 5, 2024
Technology, Mobile, Wireless, Semiconductor, 5G, Networks, Internet, Hardware, IOT (Internet of Things), Consumer Electronics, GCTS, LTE, Internet of things, NTN, MOU, Saudi Aramco, Mobile phone

Aramco has signed a Memorandum of Understanding (MOU) with GCT Semiconductor Holding Inc. (“GCT”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, setting the stage for a strategic collaboration that would further develop the 4G/5G ecosystem in Saudi Arabia for both mission-critical and public safety networks.

Key Points: 
  • Aramco has signed a Memorandum of Understanding (MOU) with GCT Semiconductor Holding Inc. (“GCT”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, setting the stage for a strategic collaboration that would further develop the 4G/5G ecosystem in Saudi Arabia for both mission-critical and public safety networks.
  • The collaboration aims to design and co-develop chipsets and modules tailored for LTE, 5G and the NTN spectrum in order to support the localization of wireless end-user devices and IoT manufacturing throughout the Kingdom.
  • “We look forward to working with Aramco and leveraging our advanced 4G and 5G capabilities with future-focused AI-driven modem features to help develop the local ecosystem and provide reliable and fast communication for their key applications in Saudi Arabia and the broader region,” said John Schlaefer, CEO of GCT Semiconductor, Inc.

Valaris Announces Contract Suspension for Jackup VALARIS 143

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목요일, 4월 4, 2024
Engineering, Other Energy, Maritime, Oil, Gas, Transport, Manufacturing, Energy, Saudi Aramco, Limited, ARO, Valaris

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that ARO Drilling (“ARO”), its joint venture in Saudi Arabia, received a notice of suspension from Aramco for one of its 19 contracted rigs, jackup VALARIS 143 (EXL I).

Key Points: 
  • Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that ARO Drilling (“ARO”), its joint venture in Saudi Arabia, received a notice of suspension from Aramco for one of its 19 contracted rigs, jackup VALARIS 143 (EXL I).
  • The suspension notice is for a period of up to twelve months and ARO is in discussions with Aramco to determine the effective date of the suspension.
  • During the suspension period, ARO will have the right to terminate the drilling contract with Aramco.
  • Valaris leases VALARIS 143 (EXL I) to ARO under a bareboat charter agreement.

C LADTEK GROUP: Building A Sustainability Future - 20 Years of Additive Innovation

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화요일, 4월 2, 2024
Development, BP, Corrosion, Domestic, ExxonMobil, Saudi Aramco, CRA, MLT, Fossil fuel, CCUS, MLP, Oil, Renewable energy

The central theme of this 20th-anniversary celebration was "Building A Sustainable Future – 20 Years of Innovative Additions," highlighting the company's commitment to innovation and sustainability in product development.

Key Points: 
  • The central theme of this 20th-anniversary celebration was "Building A Sustainable Future – 20 Years of Innovative Additions," highlighting the company's commitment to innovation and sustainability in product development.
  • Cladtek uses Corrosion-Resistant Alloy (CRA) to manufacture mechanically lined pipe and weld overlay (Cladding) solutions specifically for the energy industry.
  • Celebrating its 20th year, Cladtek remains steadfast in its commitment to making a meaningful contribution to the energy transition.
  • We are very proud that this is being achieved by exporting Indonesian talent, technology and products from our home in Batam" exclaimed Lee Wilson.

Saudi Arabia Data Center Market Investment Analysis Report 2024-2029: Growth Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards

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수요일, 3월 13, 2024
Cloud, Microsoft, QST, Oracle Cloud, Saudi Telecom Company, Partnership, Telephone, Saudi Aramco, AWS, City, Amazon Web Services, Investment, STC, Arms industry

DUBLIN, March 13, 2024 /PRNewswire/ -- The "Saudi Arabia Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 13, 2024 /PRNewswire/ -- The "Saudi Arabia Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Saudi Arabia data center market is expected to reach a value of $2.08 billion by 2028 from $1.31 billion in 2022, growing at a CAGR of 7.98% from 2022-2028
    This report analyses the Saudi Arabia data center market share.
  • Riyadh is the primary location for investment in the Saudi Arabia data center market, followed by Jeddah, Dammam, and other cities.
  • Which all cities are included in Saudi Arabia data center market report?

Aramco Digital and LTIMindtree to Launch KSA Digital and IT Services Company

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수요일, 3월 6, 2024
Technology, Consulting, Other Technology, Telecommunications, Professional Services, Software, Internet, Electronic Design Automation, Data Management, Other Professional Services, MENA, Multimedia, Digital, LTIMindtree, Vision 2030, KSA, Saudi Aramco, Kingdom, Information technology, Partnership, Management

Aramco Digital, the digital and technology subsidiary of Aramco, and LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, have signed a shareholders’ agreement to create an IT services company in the Kingdom of Saudi Arabia.

Key Points: 
  • Aramco Digital, the digital and technology subsidiary of Aramco, and LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, have signed a shareholders’ agreement to create an IT services company in the Kingdom of Saudi Arabia.
  • The prospective company would showcase innovation in action, including disruptive digital services, and transformative industry 4.0 systems integration capabilities.
  • View the full release here: https://www.businesswire.com/news/home/20240305169589/en/
    Signing of the shareholders' agreement between LTIMindtree and Aramco Digital.
  • Left to right, Sudhir Chaturvedi, President, and Executive Board Member, LTIMindtree and Tareq Amin, CEO, Aramco Digital.

ASTON MARTIN ARAMCO FORMULA ONE® TEAM AND VALVOLINE™ GLOBAL OPERATIONS COLLABORATE TO CELEBRATE VALVOLINE MECHANICS MONTH

Retrieved on: 
목요일, 2월 29, 2024
Aston, Student, Formula, Education, Transport, Mechanics, Formula One, Mechanic, World championship, FIA, Knowledge, Team, British Grand Prix, Australian Grand Prix, Saudi Aramco, Partnership, Video game

Aston Martin Aramco Formula One® Team and Valvoline Global partner on responsible business initiative, inviting local student mechanics to the AMR Technology Campus and trackside at Silverstone as part of new Mechanics Apprenticeship Programme

Key Points: 
  • Aston Martin Aramco Formula One® Team and Valvoline Global partner on responsible business initiative, inviting local student mechanics to the AMR Technology Campus and trackside at Silverstone as part of new Mechanics Apprenticeship Programme
    SILVERSTONE, England, Feb. 29, 2024 /PRNewswire/ -- The Aston Martin Aramco Formula One® Team together with its Official Lubricant Partner Valvoline Global, today announced plans for a collaborative Valvoline Mechanics Month initiative.
  • Aston Martin Aramco will partner with Valvoline Global on multiple activations over the course the year.
  • Andy Stevenson, Sporting Director, Aston Martin Aramco Formula One® Team, quote: "Aston Martin Aramco is proud to support Valvoline Mechanics Month, an initiative that our partner, Valvoline Global, established and has supported for many years.
  • Robert Kenny, Chief Brand & Digital Officer, Valvoline Global, quote: "Valvoline Global is thrilled to join forces with Aston Martin Aramco in celebrating Valvoline Mechanics Month and recognizing the invaluable contributions of mechanics worldwide.