Saudi Aramco, a global petroleum and natural gas company, has broken ground on a new upstream
research and development (R&D) centre in Lomonosov Moscow State University in Russia.
The centre is Saudi Aramco’s ninth R&D facility outside the kingdom and will focus on upstream technologies in simulation and modeling, advanced materials, data analytics and artificial intelligence.
It promotes collaborative research activities primarily with MSU and other entities in Russia.
The groundbreaking at MSU Science Park follows the announcement of a MoU signed in August by the two partners.At the event, a research agreement between Saudi Aramco and MSU was sealed to enable collaborative research projects between the two entities.
Strategic collaboration between Saudi Arabia and Russia continues to progress with Saudi Aramco President and CEO Amin H. Nasser attending the groundbreaking ceremony of a new Saudi Aramco Research Center at the MSU Science Park.
Lauding the partnership, Nasser said: "Saudi Aramco welcomes the collaboration with Lomonosov Moscow State University, an institution globally renowned for its centuries-old tradition of academic excellence, and its importance to the oil and gas industry."
"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," stated Nasser.
"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," he added.-TradeArabia News Service