Saudi Aramco signs deals with US companies to boost low-carbon strategy – The National

Saudi Aramco signs deals with US companies to boost low-carbon strategy – The National

Saudi Aramco, the world's largest oil-producing company, has teamed up with three US entities to accelerate the development of lower-carbon energy solutions expected to play a key role in its future.Preliminary agreements were signed with Aeroseal, Spiritus and Rondo Energy, to team up with them in various fields, the Riyadh-based company said on Friday.The agreements were signed during a visit by US Energy Secretary Jennifer Granholm to Riyadh, who met Saudi Energy Minister Prince Abdulaziz Al Saud.Aeroseal, based in Ohio, will explore opportunities to deploy its air-sealing services in Saudi Aramco's operations.New Mexico-based Spiritus is looking to address cost challenges of air-capture technology, while Rondo Energy, based in California, will explore the deployment of heat batteries in Saudi Aramco’s global centres.All agreements are aimed at reducing Saudi Aramco's operating costs and supporting initiatives for carbon emission reductions."We see the technologies of Aeroseal, Spiritus and Rondo to have the potential to scale globally, and specifically in the Middle East," Ali Al Meshari, senior vice president of technology, oversight and co-ordination at Aramco, said.“Aramco has stated its ambition to achieve net zero and greenhouse gas emissions across its wholly-owned operated assets by 2050 and sees opportunities to potentially build a lower-carbon new