Saudi Aramco Upstream Technology Company (SAUTC), subsidiary of Saudi Aramco, has signed an memorandum of understanding (MoU) with Russian Lomonosov Moscow State University (MSU) for joint research focusing primarily on the upstream oil and gas industry, The Saudi Gazette reported.

The two parties will organize joint laboratories, symposia, workshops and conferences.

Mohammed Y. Al-Qahtani, Saudi Aramco senior vice president of upstream, lauded Lomonosov MSU’s advancement in upstream disciplines.

“In this era of accelerating technology and innovation, strategic collaboration between industry and academia is vital for impactful solutions to society’s most pressing priorities and challenges,” he said.

“Lomonosov Moscow State University has a vast experience of fundamental research in the areas of geophysics and geochemistry, digital modeling and big data analytics, and collaboration with Saudi Aramco will assist in turning theoretical ideas into practical developments and innovations,” Andrey A. Fedyanin, vice-rector of Lomonosov MSU stated.