Aramco, TotalEnergies, and SIRC seek to contribute to global emissions reduction efforts.
Aramco, one of the world’s leading integrated energy and chemicals companies, TotalEnergies, a global multi-energy company that produces and markets energies, and Saudi Investment Recycling Company (SIRC), a major player that collects and turns organic materials into sustainable products in Saudi Arabia, announced the signing of a Joint Development and Cost Sharing Agreement (JDCSA) to assess the potential development of a sustainable aviation fuels (SAF) plant in the Kingdom of Saudi Arabia.
The announcement coincides with a state visit by the President of the French Republic, Emmanuel Macron, to the Kingdom of Saudi Arabia, and the collaboration aims to leverage each company’s respective areas of excellence and expertise to develop the SAF production plant in Saudi Arabia’s Eastern Province.
The assessment will focus on harnessing innovative engineering and technology solutions that seek to recycle and process local waste or residues from the circular economy (used cooking oils and animal fats) to produce SAF.
Amin H. Nasser, Aramco President & CEO, said: “With demand for air travel forecast to grow, it’s becoming imperative to address aviation emissions through lower-carbon alternatives. This is where major global energy companies like Aramco and TotalEnergies can play a part, by collaborating to help meet this need.
Addressing transport emissions requires a wide range of approaches and Aramco is pursuing a number of potential innovative solutions, as we seek opportunities to contribute to global emissions reduction efforts. We already have a well-established partnership with TotalEnergies and this new collaboration demonstrates our intent to explore ways to leverage our combined strengths, in this case with a view to establishing a SAF plant in the Kingdom with SIRC. As Saudi Arabia’s tourism and aviation sectors expand, this could potentially benefit both domestic and international airlines.”
Patrick Pouyanné, TotalEnergies Chairman and Chief Executive Officer, said: “We are delighted to partner with Aramco and SIRC to study the production of SAF in the Kingdom. By leveraging our expertise, we can take a further step towards the decarbonization of air transport together. SAF is at the heart of our company's transition strategy, as we strive to meet the aviation industry's demand to reduce its carbon footprint.”
