Aramco and Mazda sign partnership on fuel-efficient engine research
Saudi Aramco Technologies Company, a unit of Saudi Aramco, the world’s largest oil exporter, signed an agreement with Japanese car maker Mazda and the National Institute of Advanced Industrial Science and Technology (AIST) to develop advanced low-emission engines, as the energy company explores more sustainable business models.
The new program is expected to be completed in fiscal year 2020 and seeks meaningful improvements in engine efficiency and CO2 reductions assessed on a well-to-wheel basis.
The agreement was an effort by Aramco to “reduce greenhouse gas emissions from the transport sector” as well as work towards an "affordable mobility future", Ahmed Al Khuwaiter, Aramco’s chief technology officer said in a statement on Wednesday.
The new collaboration comes as part of the partners’ strategic plan to develop real solutions for CO2 reduction, while delivering efficient, reliable engine and fuels performance.