Saudi Aramco, Emerson Co-sign MoU to Enhance Support, Realize Kingdom’s Vision 2030 Objectives

Emerson (NYSE: EMR) recently signed a Memorandum of Understanding (MoU) with Saudi Aramco, during the IKTVA 2022 total value-added program’s Exhibition and Forum.

The agreement aims to strengthen cooperative relationship, in place, between Emerson and Saudi Aramco to advance localization initiatives, in the Kingdom.

The MoU signing ceremony was attended by Vidya Ramnath, President of Emerson Middle East and Africa; and Dr. Khaled Al-Qahtani, Chief Engineer at Saudi Aramco.

“We are very grateful for our ongoing partnership with Saudi Aramco, in supporting important national initiatives such as the Kingdom’s total value-added Program, IKTVA and the Kingdom’s Vision 2030,” Ramnath commented.

Over the years, we have made significant investments in the manufacturing and local services sector across the Kingdom, which reflects our commitment to our customers.

We continue to explore opportunities for cooperation that will enhance our contributions to the development of this region,” she concluded.

Under the MoU, Emerson will be among the main manufacturing and service providers of automation systems and devices’ process, in addition to operating a central digital facility, in the Kingdom.

Over the past few years, Emerson has continuously worked with Saudi Aramco to identify opportunities within the Kingdom to localize elements of its services and solutions portfolio, including sub-components.

This led Emerson to expand its presence through investments in the local manufacturing and services sector, across the Kingdom.

To learn more about Emerson in Saudi Arabia, please visit https://www.emerson.com/en-sa