Saudi oil giant Aramco expects AI and other advanced technology to have helped it achieve in 2025 a technology realized value of between $3 billion and $5 billion, chief executive Amin Nasser said on Tuesday. The world’s biggest oil firm in both production and market capitalization had total realized technology value of $6 billion in the period 2023-2024, the executive said at the World Economic Forum in Davos, Switzerland. Through increased use of AI and other advanced tech, Aramco realizes savings in drilling costs, well productivity,…
