Aramco Approved: 2021

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Aramco approved 2021 expansion plans to increase oil production capacity to 13 million barrels per day by 2027. Learn more about Aramco's growth strategy, financial performance, and role in Saudi Arabia's economy. aramco approved 2021

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First, Aramco launched its “Blue Ammonia” initiative with tangible results. In January 2021, the company sent the world’s first shipment of certified blue ammonia (made from hydrocarbons with carbon capture) from Saudi Arabia to Japan for use in power generation. This was a proof of concept that Aramco could produce low-carbon fuels for export markets. Second, the company announced a net-zero Scope 1 and 2 emissions target for its wholly-owned operations by 2050—a significant commitment that aligned it with European majors like BP and Shell. While critics noted this did not cover Scope 3 emissions (the burning of its products by customers), the announcement was enough to gain “conditional approval” from some ESG-focused investors.

Aramco reviews the initial submission. If your product or service matches an active supply chain need, you receive a comprehensive evaluation questionnaire. This requires detailed inputs on plant capacity, machinery lists, engineering qualifications, and financial health. Step 3: Technical Audit and Assessment

For information regarding the Aramco vendor registration , IKTVA certification , or Cybersecurity Compliance Certificate (CCC) , contact the official Aramco Supplier Portal .