Aramco, TotalEnergies and Saudi Investment Recycling Company (SIRC) Assess the Development of a Sustainable Aviation Fuels Unit
Aramco, TotalEnergies (TTE), and Saudi Investment Recycling Company (SIRC) have signed a Joint Development and Cost Sharing Agreement to assess the development of a sustainable aviation fuels (SAF) production unit in Saudi Arabia. The facility aims to convert local residues from the circular economy, such as used cooking oil and animal fats, into SAF. The collaboration aligns with Saudi Arabia's Green Initiative and Vision 2030 objectives, targeting the growing aviation sector's need for lower-carbon alternatives. The project represents a strategic step towards addressing aviation emissions and supporting the energy transition in oil and gas producing countries.
Aramco, TotalEnergies (TTE) e la Saudi Investment Recycling Company (SIRC) hanno firmato un Accordo di Sviluppo Congiunto e Condivisione dei Costi per valutare lo sviluppo di un'unità di produzione di carburanti per aviazione sostenibili (SAF) in Arabia Saudita. L'impianto si propone di trasformare residui locali provenienti dall'economia circolare, come l'olio da cucina usato e i grassi animali, in SAF. Questa collaborazione è in linea con l'Iniziativa Verde dell'Arabia Saudita e gli obiettivi della Visione 2030, mirando a soddisfare la crescente domanda del settore aviazione per alternative a basse emissioni di carbonio. Il progetto rappresenta un passo strategico verso la riduzione delle emissioni nel settore aereo e il supporto alla transizione energetica nei paesi produttori di petrolio e gas.
Aramco, TotalEnergies (TTE) y la Saudi Investment Recycling Company (SIRC) han firmado un Acuerdo de Desarrollo Conjunto y Compartición de Costos para evaluar el desarrollo de una unidad de producción de combustibles de aviación sostenibles (SAF) en Arabia Saudita. La instalación tiene como objetivo convertir residuos locales de la economía circular, como el aceite de cocina usado y las grasas animales, en SAF. Esta colaboración se alinea con la Iniciativa Verde de Arabia Saudita y los objetivos de la Visión 2030, abordando la creciente necesidad del sector de la aviación por alternativas de bajo carbono. El proyecto representa un paso estratégico hacia la reducción de emisiones en la aviación y el apoyo a la transición energética en los países productores de petróleo y gas.
아람코, TotalEnergies (TTE) 및 사우디 투자 재활용 회사(SIRC)는 사우디 아라비아에서 지속 가능한 항공유(SAF) 생산 유닛 개발을 평가하기 위한 공동 개발 및 비용 분담 계약을 체결했습니다. 이 시설은 사용된 요리 기름과 동물성 지방과 같은 순환 경제의 현지 잔여물을 SAF로 전환하는 것을 목표로 하고 있습니다. 이 협력은 사우디 아라비아의 녹색 이니셔티브와 비전 2030 목표에 부합하며, 증가하는 항공 산업의 저탄소 대체물 수요를 겨냥하고 있습니다. 이 프로젝트는 항공 배출 문제 해결과 석유 및 가스 생산 국가의 에너지 전환 지원을 위한 전략적 조치를 나타냅니다.
Aramco, TotalEnergies (TTE) et la Saudi Investment Recycling Company (SIRC) ont signé un Accord de Développement Commun et de Partage des Coûts pour évaluer le développement d'une unité de production de carburants d'aviation durables (SAF) en Arabie Saoudite. L'installation vise à convertir des résidus locaux issus de l'économie circulaire, tels que l'huile de friture usagée et les graisses animales, en SAF. Cette collaboration s'inscrit dans le cadre de l'Initiative Verte de l'Arabie Saoudite et des objectifs de la Vision 2030, ciblant le besoin croissant du secteur aéronautique en alternatives à faibles émissions de carbone. Le projet représente une étape stratégique vers la réduction des émissions dans l'aviation et soutient la transition énergétique dans les pays producteurs de pétrole et de gaz.
Aramco, TotalEnergies (TTE) und die Saudi Investment Recycling Company (SIRC) haben eine Vereinbarung über gemeinsame Entwicklung und Kostenteilung unterzeichnet, um die Entwicklung einer Nachhaltigen Flugkraftstoff (SAF) Produktionsanlage in Saudi-Arabien zu bewerten. Die Anlage zielt darauf ab, lokale Abfälle aus der Kreislaufwirtschaft, wie z. B. gebrauchtes Speiseöl und tierische Fette, in SAF umzuwandeln. Die Zusammenarbeit steht im Einklang mit der Grünen Initiative Saudi-Arabiens und den Zielen der Vision 2030, die den wachsenden Bedarf des Luftfahrtsektors an kohlenstoffarmen Alternativen anvisiert. Das Projekt stellt einen strategischen Schritt zur Reduzierung der Emissionen im Flugwesen dar und unterstützt den Energiewandel in erdöl- und erdgaserzeugenden Ländern.
- Strategic expansion into sustainable aviation fuels market
- Partnership with major industry players Aramco and SIRC
- Alignment with growing aviation sector demand for SAF
- Leverages existing circular economy resources
- Project still in assessment phase with no confirmed development
- Significant capital investment likely required
- Dependent on successful feasibility study outcomes
Insights
The collaboration between Aramco, TotalEnergies and SIRC to develop a sustainable aviation fuel (SAF) facility in Saudi Arabia represents a strategic move in the growing SAF market. This partnership leverages TotalEnergies' expertise in renewable fuels, Aramco's energy infrastructure and SIRC's waste management capabilities to create a circular economy solution.
The project aligns with Saudi Arabia's Vision 2030 goals and positions TotalEnergies advantageously in the Middle East's energy transition. The timing is particularly strategic given the projected growth in Saudi Arabia's aviation and tourism sectors. Converting local waste materials into SAF could provide a steady revenue stream while meeting increasing regulatory requirements for sustainable aviation fuels globally.
While financial details aren't disclosed, similar SAF facilities typically require investments of
On the occasion of the visit of the President of the French Republic Emmanuel Macron to the
This collaboration will draw on the expertise of the three partners to develop a production unit of sustainable aviation fuel by converting local residues from the circular economy, such as used cooking oil and animal fats.
Amin H. Nasser, Aramco President & CEO, said “With demand for air travel forecast to grow, it’s becoming imperative to address aviation emissions through lower-carbon alternatives such as sustainable aviation fuels. This is where major global energy companies like Aramco and TotalEnergies can play a part, by collaborating to help meet this need. Addressing transport emissions requires a wide range of approaches and Aramco is pursuing a number of potential innovative solutions, as we seek opportunities to make an impact. 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 sustainable aviation fuels plant in the Kingdom with SIRC. As Saudi Arabia’s tourism and aviation sectors expand, this could potentially benefit both domestic and international airlines.”
Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, said: “We are delighted to partnering with Aramco and SIRC to study the production of sustainable aviation fuels in the Kingdom. By leveraging our collective expertise, we can take a further step towards the decarbonization of air transport together. SAF is at the heart of our company's transition strategy, as we strive to meet the aviation industry's demand to reduce its carbon footprint.
Eng. Ziad Al-Sheha, Chief Executive Officer of SIRC, said: “In keeping with our commitment to supporting the ambitious sustainability objectives of Vision 2030 and the Saudi Green Initiative, we have a keen focus on increasing waste conversion rates into renewable resources. The new partnership with Aramco and TotalEnergies to assess the feasibility of a renewable aviation fuels plant signifies a major leap forward in our mission. We also believe it will enrich and energize our efforts to lead the development of the Kingdom’s circular economy.”
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About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to supplying affordable, reliable, clean energy to as many people as possible. TotalEnergies intends to put sustainability, in all its dimensions, at the center of its strategy, projects and operations.
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About Aramco:
Aramco is a global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.aramco.com
About SIRC:
The Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of the Public Investment Fund (PIF), was established in 2017 to lead Saudi Arabia’s circular economy for a sustainable future. The company invests in the development of the local waste management sector and is striving to boost the Kingdom’s capabilities to meet its objective of raising total municipal solid waste recycling operations to
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FAQ
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