Sustained investment in technology — particularly in today’s challenging business climate — is a key enabler of our company’s long-term resilience and essential for us to realize our strategic intent of becoming the world’s leading integrated energy and chemicals company.
To achieve this goal, we foster a culture of innovation and knowledge sharing. By investing in new technologies, we seek to improve operating efficiencies, decrease greenhouse gas emissions, and create greater economic opportunities for the people of the Kingdom.
We seek to create sustainable competitive advantage through the introduction of a balanced portfolio of technically feasible and commercially viable technology options — all in support of our goal to realize the greatest value from the Kingdom’s hydrocarbon resources.
Enhancing discovery, boosting recovery
We are dedicated to achieving technology breakthroughs that enable us to meet the needs of our customers more efficiently and cost-effectively while helping to minimize the environmental impact of our activities. We are harnessing the power of the Fourth Industrial Revolution through our use of Big Data and supercomputing, and through ongoing investigations into nanotechnology applications.
The alignment we have forged between our research and technology delivery organizations and our upstream and downstream businesses ensures a focus on the development of globally competitive technologies and the establishment of a technology portfolio that creates value across the business and also supports the creation of a vibrant knowledge economy in the Kingdom.
Investments in building our research capacity are designed to achieve a lasting competitive advantage and make us more adaptable and resilient as a company. Our unwavering dedication to pursue breakthrough technologies and generate innovative ideas is a cornerstone of our commitment to help build a secure energy future here in the Kingdom, and for people around the world.