Aramco Signs MoUs with U.S. Companies to Advance Lower-Carbon Energy Solutions

Saudi Arabian Oil Company, Aramco, has announced the signing of three Memoranda of Understanding (MoUs) with leading American firms to propel the development of potential lower-carbon energy solutions. The MoUs were formalized in the presence of HRH Prince Abdulaziz bin Salman al Saud, Minister of Energy for the Kingdom of Saudi Arabia, and Jennifer Granholm, U.S. Secretary of Energy.

The agreements inked by Aramco encompass collaborations with Aeroseal, Spiritus, and Rondo, aiming to explore innovative avenues in energy efficiency and emissions reduction.

Aeroseal: Aramco and Aeroseal have agreed to expedite the deployment of Aeroseal’s technology across Aramco’s building fleet and other areas. This entails joint testing of building ductwork and envelopes nationwide, commercializing the technology for gas pipelines, and localizing Aeroseal’s supply chain within Saudi Arabia.

Spiritus: In partnership with Spiritus, Aramco will delve into the realm of direct air capture. Spiritus’ groundbreaking approach offers promising solutions to the cost challenges associated with existing direct air capture methods, with potential enhancements in energy efficiency and carbon removal efficiency.

Rondo: Aramco and Rondo will collaborate on exploring the deployment of heat batteries in Aramco’s global facilities. This initiative aims to curtail operating costs and facilitate emissions reduction, with engineering studies already underway for an initial industrial-scale deployment of Rondo Heat Batteries, potentially leading to substantial emissions reductions.

Ali A. Al-Meshari, Senior Vice President of Technology, Oversight & Coordination at Aramco, emphasized the company’s commitment to achieving net-zero greenhouse gas emissions by 2050 across its assets. Al-Meshari highlighted the importance of innovative technologies in cost-effectively reducing carbon emissions, with Aramco investing in R&D, venture capital, and technology deployment programs to drive such innovations.

He further emphasized the global scalability of the technologies developed in collaboration with Aeroseal, Spiritus, and Rondo, recognizing their potential to play a significant role in advancing lower-carbon energy solutions, particularly in the Middle East.