Saudi Aramco takes another technological step forward
"Saudi Aramco and KAUST are leaders in technology development domestically and internationally," Khalid Al Fallon, Saudi Aramco chairman and KAUST board vice chairman, said. "Their unique roles in developing innovative and original research are essential to the future success of the energy industry in Saudi Arabia."
The 37,000-square facility is expected to be completed by mid-2019. Saudi Aramco is counting on it to accelerate its technological strategy, which involves expanding its research capabilities. The center will house more than 130 scientists and researchers and support a range of research areas, including solar energy, environmental protection, reservoir engineering, and computational modeling.
"At KAUST, we are committed to advancing science, innovation and technology through distinctive and collaborative research, which relies upon the nurturing of ideas and talent," KAUST President Jean-Lou Chameau said. "Partnering with Saudi Aramco on this new center is the latest of a series of shared successes to foster the transition to an innovation-driven economy sustained by intellectual capital and scientific discovery."