Posted inEnergy Transition

Aramco announces $ 1.5 billion sustainability fund to support energy transition

Aramco announced the creation of a $1.5 billion sustainability fund to invest in technology that can support a stable and inclusive energy transition. It was unveiled at the sixth edition of the Future Investment Initiative (FII) and is among the largest sustainability-focused venture capital funds globally. Managed by Aramco Ventures, the venture capital arm of […]

Posted inProducts & Services

Schlumberger, Saudi Aramco to collaborate on digital sustainability solutions

The platform will enable companies to verify their emissions, while also evaluating decarbonisation pathways

Schlumberger and Saudi Aramco have announced plans to jointly develop a digital platform that will provide sustainability solutions for hard-to-abate industrial sectors. The platform will enable companies in industries such as oil and gas, chemicals, utilities, cement and steel to collect, measure, report and verify their emissions, while also evaluating decarbonisation pathways. Customers will be […]