warehousing operations in Riyadh, a procurement and logistics hub providing comprehensive end-to-end supply chain services. ASMO signed seven strategic agreements with industry players in the Kingdom to further strengthen the Kingdom’s supply chain ecosystem and contribute to the realisation of Saudi Vision 2030. The collaborations will drive efficiencies, enhance procurement and logistics capabilities, and integrate advanced technologies to meet the specific demands of Saudi Arabia’s key industries. In addition, the Novel Non-Metallic Solutions facility at King Salman Energy Park and NMDC Offshore fabrication yard at Ras Al Khair were inaugurated during the event. Novel is a joint venture between Aramco and Baker Hughes, which was formed to develop and commercialise a broad range of composite products. Meanwhile, the NMDC advanced fabrication yard will provide maritime engineering, equipment, material manufacturing and fabrication services. Equipped with the latest features in automation and digitalisation, it incorporates the latest fabrication processes and boasts a production capacity of 40,000 tonnes per year. Honeywell announced the launch of a new centre in Jubail to provide localised cybersecurity services and strengthen cybersecurity capabilities for critical industrial sectors in the Kingdom including energy, manufacturing and utilities. While Samsung E&A announced a partnership with Aramco to create a construction technology manufacturing hub aimed at expanding the application of automation technologies. Terra Drone Corporation and Saudi Aramco signed a MoU for a strategic partnership focused on developing local drone services, maintenance facilities, and training programmes to empower the Saudi workforce. Leading companies took the opportunity to demonstrate their commitment to “When Aramco expands into a new sector, or acquires a new business, our iktva goals will follow.” The Middle East's clean hydrogen capacity plans Source: S&P Global Green Energy Oman (GEO) Project: The initial phase aims to produce 150,000 metric tons per year of green hydrogen from 4 GW of renewable energy capacity, with plans to expand to 25 GW in subsequent phases. ACME Group's Renewable Ammonia Project in Duqm, Oman: This project targets an annual production of 100,000 metric tons of renewable ammonia. Financing for the first phase was secured in July, backed by US$487mn from India's REC. 19 ISSUE 1 2025 | oilreviewmiddleeast.com localisation