THE world is changing at an ever-increasing pace, and Aramco succeeds because it enables innovation in its employees and its collaborators for the rapid development and implementation of solutions, says Saudi Aramco in its 2012 Annual Review.
Beyond a doubt, Aramco's business is technology intensive. Far from being a limitation, it provides Aramco significant opportunities to produce new, game-changing technologies and improve the ones on which it currently relies.
Technological improvements and innovative solutions are helping Aramco deliver a number of distinct contributions to itself. New technologies are helping it increase its ability to find and recover precious oil, and turn it into clean fuel to meet energy demand.
New innovations are helping it expand into new markets for chemicals and renewable energy. These developments are also helping it with its approach to carbon management – and contributing to the effective mitigation of the challenges posed by climate change.
Saudi Aramco continued in 2012 laying the groundwork for becoming one of the foremost creators of technology in the world. Research and development (R&D) of this calibre is a long-term endeavour and requires ongoing commitment. To achieve a position of leadership in the technology field and meet its commitment to excellence, Saudi Aramco is making a quantum leap in capabilities and building on the technological advancements it has made so far.
In doing so, Aramco is working to be well-positioned to help strengthen the company and the kingdom's economy. To access the best research talent in the world, leverage global scientific expertise, and strengthen collaboration in addressing technical challenges and encouraging innovation, Aramco is establishing international research centres at some of its subsidiaries in strategic locations around the world, as well as broadening and deepening its relationships with world-class universities.
Aramco scientists at work
The first of many international research centres was officially inaugurated in 2012 at
The second research group, at
In addition, five stand-alone research centres are well under way. A technology office in
A centre planned for
A centre in
Most Popular Stories
- Slow Week Ahead of December FOMC Meeting
- Hispanics Seek to Grow School Board Members
- GM Bailout Saved 1.2 Million U.S. Jobs, Report Says
- 'Knockout Game': Myth or Menace?
- Questions Remain in Jenni Rivera's Death
- U.S. Companies Eager for Iranian Business
- Bitcoin Used to Buy Tesla Car
- Banks Fret as Volcker Vote Approaches
- Paul Walker Fans Pay Respects
- Yellen Set to Become One of World's Most Powerful Women