Saudi Aramco Projects Technology Value Growth

Amin Nasser, Saudi Aramco’s CEO, said at the World Economic Forum that realizable technology value will range between $3 billion and $5 billion in 2025, versus $6 billion in 2023–24, with more than 50% linked to artificial intelligence. He added Aramco now runs about 500 AI use cases—100 moved from pilot to full deployment—applying AI for predictive maintenance that reduces corrosion inhibitor use, pipeline failures and downtime.