Saudi Aramco, stc launch Dammam 7 supercomputer

19/01/2021 Argaam

Launch ceremony of Dammam 7 supercomputer


Saudi Aramco and stc announced today, Jan.19, the launch of Dammam 7, a new supercomputer among the top 10 most powerful in the world. 

The supercomputer offers new opportunities in both exploration and development and enhances Aramco’s decision-making on exploration and investment decisions, both companies said in a statement received by Argaam.

This is the next step in Aramco’s digital transformation, complementing a suite of advanced technologies that are reshaping core operations, driving efficiencies and reinforcing its industry leadership in geoscience.

The Dammam 7 supercomputer was developed at Dhahran Techno Valley in partnership with Solutions, a subsidiary of stc Group, and CRAY, a Hewlett Packard Enterprise subsidiary.

It has 55.4 petaflops of peak computing power, allowing it to process and image the world’s largest geophysical datasets.

Aramco President & CEO, Amin Nasser, said: “Dammam 7 supercomputer will help us with breakthroughs as part of our long term “Discovery and Recovery” strategy in our Upstream business.

This technology that processes complex data faster will enable new discoveries and enhanced recoveries, which are crucial to both ensuring the availability of adequate supply to meet the demand for energy and to cut costs while boosting productivity.

“Continuous investment in innovative technology is an essential enabler of our Company’s long-term growth strategy, and Dammam 7 is another step in our plan to invest in the right technology that drives production efficiency and resilience,” Nasser added.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts