Saudi Aramco Signs MOUs with U.S. Firms for Lower-Carbon Energy Solutions
(Reuters) — Saudi Aramco signed three memorandums of understanding (MOU) with U.S. companies Aeroseal, Spiritus and Rondo, the state-owned oil giant said on Friday.
Under the MOU the companies will develop potential lower-carbon energy solutions, Aramco's statement said.
Aramco and Aeroseal agreed to deploy Aeroseal’s technology to expand its fleet and commercialize the technology in novel applications such as gas pipelines, the statement said.
With Spiritus, Aramco has agreed to explore opportunities in direct air capture to reduce energy needs.
The statement added that Aramco and Rondo agreed to explore deployment of heat batteries in Aramco’s global facilities to reduce operating costs and cut emissions.
The MOUs were signed during the visit of U.S. Secretary of Energy Jennifer Granholm to Saudi Arabia.
Related News
Related News
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Colonial Pipeline's Main Gasoline Artery Shut for Leak Investigation Through Friday
Comments