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2024

Saudi Aramco Signs MOUs with U.S. Firms to Advance Lower-Carbon Solutions

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In a strategic move to bolster its commitment to sustainable energy, Saudi Aramco (2223.SE) has entered into three significant memorandums of understanding (MOUs) with U.S. companies Aeroseal, Spiritus, and Rondo. The agreements aim to explore and develop lower-carbon energy solutions, as detailed in an official statement released on Friday. Improving Pipeline Integrity The MOU with Aeroseal—an energy efficiency solutions provider—focuses on the deployment and commercialization of its innovative technology designed to enhance the efficiency…