Saudi Aramco says currently studying potential renewable energy investments

09/08/2021 Argaam

Logo of Saudi Aramco

Saudi Arabian Oil Co. (Saudi Aramco) is currently evaluating several potential renewable energy projects, which may be carried out with a number of partners.

 

The oil giant confirmed, in its initial report on Q2 2021 financial results, that it is still committed to the energy transformation process across the world.

 

The renewable energy projects complement Saudi Aramco’s products, thanks to the Kingdom’s abundant supply of solar as well as wind energy, the company indicated.

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