CAN STRATEGY MEET SPEED TO SOLVE THE WORLD’S ENERGY CHALLENGE?

Amin Nasser, the CEO of Aramco, discusses the evolving energy landscape and Aramco's role in it. The conversation highlights the strong global demand for energy, particularly in the developing world. Despite the growth of renewables, hydrocarbons continue to dominate, with gas experiencing significant expansion. Aramco is investing heavily in both traditional energy sources and new technologies, including AI and digitalization. Nasser emphasizes Aramco's significant investments in AI infrastructure and its growing value realization. Aramco Digital is expanding its business and forming partnerships in AI and data centers. The discussion touches on the energy demands of data centers and the importance of gas in meeting those needs. Aramco is also contributing to Saudi Arabia's Vision 2030 through local content development and industrialization. Nasser expresses excitement about the growing energy demand and policy shifts recognizing the continued importance of oil and gas.