Riyadh – Sharikat Mubasher: Amin Nasser, Aramco President and CEO, unveiled an ambitious investment plan to strengthen the company’s technological capabilities, announcing a $2 billion injection into Aramco Digital over the next two to three years.

Speaking during a session at the Future Investment Initiative (FII) Conference, Nasser said Aramco’s investments in technology have already reached a cumulative value of $6 billion in just two years. He added that the company aims to expand its gas business by 60% over the next five years while growing its renewable energy and oil-to-chemicals sectors.

“We continue our exploration program despite our vast reserves because we see new opportunities, particularly in gas,” Nasser noted.

He also emphasized the importance of strategic partnerships, highlighting Aramco’s collaboration with Humain, a Public Investment Fund (PIF), asserting that the use of artificial intelligence and digital tools in drilling and operations has doubled production efficiency.