Saudi Aramco strikes 3 MoUs with American companies

Saudi Aramco strikes 3 MoUs with American companies

Saudi Arabian Oil Company (Aramco) has signed three Memoranda of Understanding (MoUs) with leading American companies to advance the development of potential lower-carbon energy solutions. The MoUs signed by Aramco included agreements with Aeroseal, Spiritus, and Rondo. The MoUs were signed in the presence of Minister of Energy for the Kingdom of Saudi Arabia Prince […]Saudi Arabian Oil Company (Aramco) has signed three Memoranda of Understanding (MoUs) with leading American companies to advance the development of potential lower-carbon energy solutions.

The MoUs signed by Aramco included agreements with Aeroseal, Spiritus, and Rondo. The MoUs were signed in the presence of Minister of Energy for the Kingdom of Saudi Arabia Prince Abdulaziz bin Salman al Saud, and US Secretary of Energy Jennifer Granholm.

Following a successful trial of Aeroseal’s technology in Saudi Arabia, Aramco and Aeroseal agreed to explore opportunities to accelerate the deployment of Aeroseal’s technology in the company’s building fleet and elsewhere, pursue joint testing of building ductwork and envelopes nationwide to uncover the most prominent opportunities, commercialize the technology in novel applications such as gas pipelines, and localize Aeroseal’s supply chain in Saudi Arabia.

With Spiritus, Aramco agreed to explore opportunities in the field of direct air capture. Spiritus’ novel approach