Saudi Aramco breaks ground on Russian research hub
Saudi Aramco is partnering with key oil ally Russia to build the research and development institution in Moscow
State-owned oil titan Saudi Aramco has broken ground on a research and development centre at Lomonosov Moscow State University (MSU) that will explore upstream technologies and artificial intelligence (AI).
The ninth research facility that Saudi Aramco has built outside of the kingdom to date, the new centre will enhance strategic collaboration between the oil-producing heavyweights of Russia and Saudi Arabia – two key players within the Organisation of the Petroleum Exporting Countries (Opec).
Aramco's innovation centre will explore upstream technologies linked to simulation and modelling, advanced materials, data analytics, and AI.
The ground-breaking ceremony in Russia was attended by Saudi Aramco's chief executive officer, Amin Nasser, who praised MSU's “centuries-old tradition” of academic research that he said had benefited the oil and gas sector.
“Strong partnerships between industry and academia are key to addressing society’s energy challenges, and Saudi Aramco’s global research center at MSU Science Park will help drive research and innovation to develop new technology solutions,” he said.
During the ceremony to mark the start of construction of the academic institution, Saudi Aramco and MSU signed an agreement to kick off collaborative research projects together.
“Our ongoing strategic engagements and discussions with partners in Russia are taking our relationship to new heights. We advance our shared interests in stewarding our nations’ rich hydrocarbon resources, providing reliable energy sources to the world,” Nasser added.