CERAWeek
VIDEO: Our approach to materials transition and its potential impact
At CERAWeek, Musaab M. Al-Mulla, Aramco vice president of Energy and Economic Insights, notes the company’s impact not just in the energy sector, but across various industries.
I want to just bring the dimension of the materials transition to Aramco, when it started.
In 2015, Aramco introduced a topic called the nonmetallic program.
The program was focusing on how we can replace steel-based pipelines with polymer-based.
And today, we achieved around 50,000 km of length of pipelines replaced from steel to polymers.
It wasn't focused on the CO2 emissions, but focusing on how you bring durable materials to high-corrosion areas.
We realized it goes beyond pipelines. The same concept applied to construction, applied to renewables, and applied also to the automotive industry.
We realized that this topic needs to come in service to the world. It evolved to a topic called materials transition.
The focus of our R&D is how to create novel materials. Beyond that is our liquids to chemicals program.
Because we believe in the materials transition, that it will grow, we set the targets to four million barrels a day.
Almost half of the production today is to the chemicals which evolve to the materials of the future.
