Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, announced today the signing of a Memorandum of Understanding (MoU) with Saudi Aramco, the National Oil Company of the Kingdom of Saudi Arabia. Under this MoU, Rockwell Automation will be supporting Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) program, designed to drive domestic value creation, and to encourage the development of a diverse, sustainable, and globally competitive energy sector in the Kingdom.
The signing of this MoU will be commemorated at the IKTVA Forum & Exhibition from 24 – 26 January 2022 in Dhahran - KSA, under the theme “Paving the Way To Economic Success”. This strategic collaboration highlights Rockwell Automation’s support of Saudi Arabia’s Vision 2030 that is built around three main pillars: a vibrant society, a thriving economy and an ambitious nation.
Rockwell Automation will focus on several areas of collaboration with Saudi Aramco, from product localization to IIOT software, to workforce development and training. The goal of the collaboration is to increase the companies’ contributions to Saudi Arabia’s localization efforts and create additional employment opportunities as a result.
Sebastien Grau, Regional Vice President Sales for Middle East, Turkey and Africa at Rockwell Automation, said: “We are very pleased to partner with Aramco through the signing of this Memorandum of Understanding. This agreement is the confirmation of our commitment to support Saudi Arabia’s 2030 Vision and marks yet another milestone in the strong relationship between Rockwell Automation and Saudi Aramco. We are thrilled to be playing a role in achieving the Kingdom’s Vison 2030 Plan.”
Rockwell Automation has been operating in Saudi Arabia for more than 50 years, with an official headquarters in Khobar, demonstrating it to be a key market for the company in the Middle East. With this partnership, Rockwell Automation aims to participate in Aramco’s long-term growth strategy and play a vital role in the Kingdom’s expanding energy and chemicals supply chain.
Congratulating on this signing, Safwat Wahba, Country Sales Director for Saudi Arabia at Rockwell Automation, said, “At Rockwell Automation, we recognize the importance of Saudi Arabia’s 2030 plan. We are honored to sign this MoU, a reflection of the trust placed in Rockwell Automation by Saudi Aramco. This MoU will reinforce synergies for joint advocacy and support of the IKTVA initiative, another demonstration of our successful presence in Saudi Arabia.”
About Saudi Aramco
Aramco is a global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.aramco.com
