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Saudi Aramco signs MOUs with US firms Aeroseal, Spiritus and Rondo

May 17, 2024

DUBAI, May 17 (Reuters) – Saudi Aramco (2223.SE) signed three memorandums of understanding (MOU) with U.S. companies Aeroseal, Spiritus and Rondo, the state-owned oil giant said on Friday.
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Under the MOU the companies will develop potential lower-carbon energy solutions, Aramco’s statement said.
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Aramco and Aeroseal agreed to deploy Aeroseal’s technology to expand its fleet and commercialise the technology in novel applications such as gas pipelines, the statement said.
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With Spiritus, Aramco has agreed to explore opportunities in direct air capture to reduce energy needs.
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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.
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The MOUs were signed during the visit of U.S. Secretary of Energy Jennifer Granholm to Saudi Arabia.

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