Aramco signs MoU with Samsung Electronics to localize industrial 5G communication networks and facilitate digital transformation in Saudi Arabia
24 March 2023
Aramco has signed a non-binding Memorandum of Understanding (MoU) with Samsung Electronics Co., Ltd., which sets forth preliminary plans for a strategic collaboration that would localize an industrial 5G technology ecosystem, starting with private networks, in Saudi Arabia.
The proposed collaboration aims to contribute to the digital transformation of various industrial sectors in Saudi Arabia, such as energy, petrochemical, and manufacturing, by leveraging advanced 4G and 5G technologies capable of providing secure, fast and reliable communications to satisfy business critical requirements of industries.
The companies intend to help realize advanced industrial 5G use cases with mission critical communications. It follows the recent launch of Aramco Digital Company, which aims to accelerate digital transformation within the Kingdom, and the Middle East and North Africa (MENA) region.
Related
-
Daewoo pulls out of Libya upstream tender
5 March 2026
-
Argentina tenders 700 MW of battery storage nationwide
4 March 2026
-
Local firm to develop $598m Muscat tourism project
4 March 2026
-
Greenvolt Power secures $410m for wind project construction in Romania
3 March 2026
-
Exus Renewables to acquire stake in Masdar’s Portuguese wind portfolio
3 March 2026
-
Iberdrola sells 757MW French onshore renewables portfolio to Technique Solaire
3 March 2026


京公网安备
11010802030424号
京ICP备19046776号-2