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Aker to cooperate with Aramco on digitalization

GO DIGITAL OIL&GAS MIDDLE EAST

Aker to cooperate with Aramco on digitalization

Norway’s Aker and Saudi Aramco, the world’s biggest oil producer, have signed a memorandum of understanding to cooperate on industrial digitalization and green solutions, Reuters reports.

The companies have also agreed to explore possibilities of establishing joint industrial software and artificial intelligence research centers.

To enable opportunities for digital transformation in the Kingdom of Saudi Arabia, Saudi Aramco and Aker are exploring ways to work together and possibly establishing a joint venture with Cognite.

Aker’s statement

Cognite is an industrial software company majority owned by Aker, a holding company controlled by Norwegian billionaire Kjell Inge Roekke.

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