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Aramco Calls for the Implementation of 4.0 Industrial Revolution

Saudi Aramco logo
Saudi Aramco logo
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Aramco Calls for the Implementation of 4.0 Industrial Revolution

Saudi Aramco logo
Saudi Aramco logo

Saudi Aramco encouraged representatives of the oil and gas industries to press ahead with implementing Fourth Industrial Revolution (4.0) technologies, during its participation at the 2019 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).

Speaking at a panel titled “How is the industry embracing digital innovation?” on the industry’s digital transformation and the latest trends in technology, Aramco’s Senior VP of Operations and Business Services Muhammad al-Saggaf, discussed the company’s research and development (R&D).

He also addressed the deployment of the TeraPOWERS technology, which models reservoir physics from the original generation to final production. This technology enables Aramco to model the physics of its reservoirs to prioritize prospects, reduce exploration risks and costs, and manage its reservoirs.

Senior Vice President of Downstream Abdulaziz al-Judaimi will participate on Wednesday in panel “Downstream 4.0: Refining and Petrochemicals, Growth Through Innovation and Digitization,” on new strategies around digital, people and business partnership.

He is expected to shed light o the opportunities presented by 4th Industrial Revolution technologies and reaffirm Aramco’s commitment to continue developing, harnessing, and fully utilizing the emergent technologies for value creation.

World Economic Forum (WEF) recognized Aramco’s efforts in the energy sector’s 4.0 transformation in September 2018 when the company’s Othmaniyah Gas Plant was named one of the Fourth Industrial Revolution 4.0 “lighthouses”.

Aramco is the first energy company globally to be included in this group of 16 manufacturing sites selected from an initial list of 1,000 manufacturers from around the world.

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Berri to Asharq Al-Awsat: Resolution 1701 Only Tangible Proposal to End Lebanon Conflict

Parliament Speaker Nabih Berri and US envoy Amos Hochstein in Beirut. (AFP file)
Parliament Speaker Nabih Berri and US envoy Amos Hochstein in Beirut. (AFP file)
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Berri to Asharq Al-Awsat: Resolution 1701 Only Tangible Proposal to End Lebanon Conflict

Parliament Speaker Nabih Berri and US envoy Amos Hochstein in Beirut. (AFP file)
Parliament Speaker Nabih Berri and US envoy Amos Hochstein in Beirut. (AFP file)

Politicians in Beirut said they have not received any credible information about Washington resuming its mediation efforts towards reaching a ceasefire in Lebanon despite reports to the contrary.

Efforts came to a halt after US envoy Amos Hochstein’s last visit to Beirut three weeks ago.

Parliament Speaker Nabih Berri dismissed the reports as media fodder, saying nothing official has been received.

Lebanon is awaiting tangible proposals on which it can build its position, he told Asharq Al-Awsat.

The only credible proposal on the table is United Nations Security Council resolution 1701, whose articles must be implemented in full by Lebanon and Israel, “not just Lebanon alone,” he stressed.

Resolution 1701 was issued to end the 2006 July war between Hezbollah and Israel and calls for removing all weapons from southern Lebanon and that the only armed presence there be restricted to the army and UN peacekeepers.

Western diplomatic sources in Beirut told Asharq Al-Awsat that Berri opposes one of the most important articles of the proposed solution to end the current conflict between Hezbollah and Israel.

He is opposed to the German and British participation in the proposed mechanism to monitor the implementation of resolution 1701. The other participants are the United States and France.

Other sources said Berri is opposed to the mechanism itself since one is already available and it is embodied in the UN peacekeepers, whom the US and France can join.

The sources revealed that the solution to the conflict has a foreign and internal aspect. The foreign one includes Israel, the US and Russia and seeks guarantees that would prevent Hezbollah from rearming itself. The second covers Lebanese guarantees on the implementation of resolution 1701.

Berri refused to comment on the media reports, but told Asharq Al-Awsat that this was the first time that discussions are being held about guarantees.

He added that “Israel is now in crisis because it has failed to achieve its military objectives, so it has resorted to more killing and destruction undeterred.”

He highlighted the “steadfastness of the UN peacekeepers in the South who have refused to leave their positions despite the repeated Israeli attacks.”