Aramco partners with AspenTech to optimise carbon emissions reduction

Aramco partners with AspenTech to optimise carbon emissions reduction

Dr. Vikas Dhole, General Manager, Sustainability at Aspen Technology.

Aspen Technology, Inc., a global leader in industrial software, today announced a partnership with Aramco, one of the world’s leading integrated energy and chemicals companies, that positions AspenTech to introduce a unique, integrated modelling and optimisation solution that will enable capital intensive industries to achieve practical and economic solutions for Carbon Capture and Utilisation (CCU).

The new solution is based on technology developed by Aramco collaboratively with the Korea Advanced Institute of Science & Technology (KAIST). Aramco, through its subsidiary Saudi Aramco Technologies Company (SATC) has licensed the technology to AspenTech as part of its broader capabilities to optimise carbon emissions reduction. It will aim to address the identification of the most promising carbon capture and utilisation paths by simultaneously considering economics, process design and operations constraints and CO2 reduction. The goal of this innovation is to enable businesses to make evidence-based decisions in support of adopting carbon management strategies that optimise and accelerate sustainable operations.

Dr. Aqil Jamal, Carbon Management Chief Technologist at Aramco’s Research & Development Centre, said, “The advanced and reliable optimisation