American industrial products and services provider Honeywell and Saudi Aramco in May this year announced that they have signed a memorandum of understanding (MoU) that advances their long-standing cooperation, further supports the development and diversification of Saudi Arabia’s oil and gas sector, and accelerates the benefits of the Industrial Internet of Things (IIoT) within Saudi Aramco’s operations.
The companies will work together to increase throughput, raise yield and improve reliability of Saudi Aramco’s operations by leveraging Honeywell’s cloud-based services and predictive analytics solutions.
The agreement was signed in Riyadh by Honeywell’s global president and CEO Darius Adamczyk and Saudi Aramco president and CEO Amin H Nasser during a series of meetings where the companies discussed the opportunities and benefits of leveraging Honeywell Connected Plant (HCP).
HCP combines Honeywell’s industrial expertise, software and cloud technologies to enable its customers’ operations to be more reliable, profitable and secure than ever before. As Saudi Arabia continues to diversify its industries in line with Vision 2030, the introduction of IIoT technologies such as HCP and other connected process technologies from Honeywell UOP is playing a critical role in this transformation.
The new agreement will allow Saudi Aramco to enhance operational performance across its network of facilities, while presenting significant opportunities for Honeywell to advance the adoption of the latest software industrial solutions.
Arabianoilandags.com got a chance to speak to the president of Honeywell’s business in the Middle East, Central Asia and Russia, at ADIPEC last year in Abu Dhabi, to understand how important the region is to the organisation.
Norm Gilsdorf talks about that and also on how Honeywell’s regional customers are adopting digital technologies in the region, in this video:
Â
