Saudi Aramco launched on Friday the Aramco Research Center at Moscow State University (MSU) Science Park, the firm said on its website.
The new upstream research and development (R&D) center is the oil giant’s ninth R&D facility outside the Kingdom. It will focus on upstream technologies in simulation and modeling, advanced materials, data analytics and artificial intelligence, the statement said.
During the launch event, a research agreement between the two parties was signed.
In a keynote speech, Amin Nasser, Aramco’s President and CEO said: “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.”
“It is central to identifying and developing new ways to increase discovery and recovery, to protecting the environment and at the same time also unlocking new value-adding non-combustible uses for oil,” he added.
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