Aramco, MIT continue R&D co-operation

Offshore staff

BOSTON, Massachusetts – Aramco Services Co., Saudi Aramco’s North American division, has entered a five-year collaboration with the Massachusetts Institute of Technology (MIT).

This is a renewal of an existing partnership. The $25-million collaboration will focus on R&D of new solutions in areas including advanced materials; carbon capture, use, and storage; energy storage; computational modeling, artificial intelligence, robotics and nanotechnologies.

The two parties reaffirmed their co-operation at the recent Innovation to Impact Forum in Boston. Aramco became a founding member ofMIT Energy Initiative in 2012.

03/29/2018