Aramco Signs MoUs with US Firms to Develop Lower-Carbon Energy Solutions

  • Date: 18-May-2024
  • Source: Business Tabloid
  • Sector:Oil & Gas
  • Country:Saudi Arabia
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Aramco Signs MoUs with US Firms to Develop Lower-Carbon Energy Solutions

The Saudi Arabian Oil Company (Aramco) announced the signing of three Memoranda of Understanding (MoUs) with American companies to advance lower-carbon energy solutions. The MoUs were signed in the presence of Saudi Arabia’s Minister of Energy, HRH Prince Abdulaziz bin Salman Al Saud, and the US Secretary of Energy, Jennifer Granholm. The agreements involve collaborations …

The post Aramco Signs MoUs with US Firms to Develop Lower-Carbon Energy Solutions appeared first on Business Tabloid.The Saudi Arabian Oil Company (Aramco) announced the signing of three Memoranda of Understanding (MoUs) with American companies to advance lower-carbon energy solutions.

The MoUs were signed in the presence of Saudi Arabia’s Minister of Energy, HRH Prince Abdulaziz bin Salman Al Saud, and the US Secretary of Energy, Jennifer Granholm.

The agreements involve collaborations with the climate tech companies Aeroseal, Spiritus, and Rondo, a manufacturer of renewable energy semiconductors. With Aeroseal, Aramco aims to deploy its technology in its buildings, pursue joint testing, commercialise new applications, and localise the supply chain in Saudi Arabia.

The partnership with Spiritus is centred around exploring new opportunities for direct air capture technologies to enhance carbon adsorption efficiency. The agreement with Rondo will explore deploying heat batteries in Aramco’s global facilities to support emissions