Riyadh - Sharikat Mubasher: Aramco, one of the world’s leading integrated energy and chemicals companies, signed a joint development and cost sharing agreement (JDCSA) with TotalEnergies and the Saudi Investment Recycling Company (SIRC) to assess the potential development of a sustainable aviation fuels (SAF) plant in Saudi Arabia.

This collaboration aims to leverage the company’s expertise and area of excellence to develop the SAF production plant in the Eastern Province, a recent statement unveiled.

The announcement coincides with a state visit by the President of the French Republic, Emmanuel Macron, to Saudi Arabia.

The assessment will focus on harnessing innovative engineering and technology solutions that seek to recycle and process local waste or residues from the circular economy to produce SAF.

Aramco’s President and CEO Amin Nasser said: “We already have a well-established partnership with TotalEnergies and this new collaboration demonstrates our intent to explore ways to leverage our combined strengths, in this case with a view to establishing a SAF plant in the Kingdom with SIRC.”

On his part, Ziad Al-Sheha, CEO of SIRC, stated that the partnership with Aramco and TotalEnergies signifies a major leap forward in the company’s mission.

Moreover, Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, commented: “We are delighted to partner with Aramco and SIRC to study the production of SAF in the Kingdom. By leveraging our expertise, we can take a further step towards the decarbonization of air transport together.”