Saudi Arabian Oil Company (Saudi Aramco) today signed two memoranda of understanding (MoUs) with the Abu Dhabi National Oil Company (ADNOC) and Masdar, it said in a statement.

 

Under the MoU with ADNOC, both companies will collaborate on identifying technologies that could improve operational performance and efficiency in the oil and gas sector.

 

Meanwhile, Aramco will work with Abu Dhabi-based Masdar on sustainable development and renewable energy under the second agreement, the statement said. 

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