Emerson, a global technology and engineering company, has signed an agreement with Saudi Aramco, thus reinforcing its partnership with the Saudi group in advancing localisation initiatives in the kingdom.
The duo signed the deal at the In-Kingdom Total Value Add Program (iktva) 2022 Forum & Exhibition held recently.
The agreement recognises Emerson as a major manufacturing and services provider of process automation systems and instrumentation, as well as operator of a central digital hub facility in the kingdom.
The signing ceremony was attended by Vidya Ramnath, Emerson’s Middle East and Africa President, and Saudi Aramco Chief Engineer Dr Khalid Al Qahtani.
"We are grateful for the continued partnership with Saudi Aramco in supporting critical national initiatives such as the In-Kingdom Total Value Add Program and Saudi Vision 2030. Over the years, Emerson has made significant investments in our local manufacturing and service footprint across the kingdom, which is a testament to our commitment to our customers," Ramnath said.
"We continue to explore collaboration opportunities that can further our contribution towards the development of this region," he added.
Liam Hurley, vice president and general manager of Emerson’s Automation Solutions business in Saudi Arabia and Bahrain, said: "Emerson’s relationship with Saudi Aramco has evolved from a supplier to a collaborative stakeholder that supports the development of local manufacturing from a capability, supply chain and talent perspective. As our manufacturing capabilities in Saudi Arabia have matured, we have built strong relationships with a robust in-kingdom supply chain ecosystem, and a particular focus on local small and medium enterprises."
"This agreement underlines our longstanding partnership grounded in our shared vision and goals for the local business and industrial landscape," he stated.