Aramco awards $371m supercomputing contract, signs pipe deals

25/03/2026 03:31 AST

Saudi Aramco has inked a SR1.39 billion ($370.6 million) deal with Arabian Internet and Communications Services Co., known as solutions by stc, for a supercomputing project dedicated to exploration and production.

The one-year contract with solutions covers the deployment of advanced computing systems to support exploration and production, according to a filing on the Saudi Exchange.

The project also includes two high-performance computing systems that will work together to process large volumes of data efficiently.

The deal aligns with Aramco's efforts to embed smart systems into its operations to boost efficiency, reliability, and sustainability.

The project further strengthens the long-standing partnership between solutions and Aramco in supporting advanced digital infrastructure for the energy sector.

In a bourse filing, the IT firm stated: "This infrastructure will help enhance subsurface imaging and data analysis, enabling faster and more accurate insights to support exploration and development activities."

It added: "The project further strengthens the long-standing strategic partnership between solutions and Saudi Aramco in enabling advanced digital infrastructure for the energy sector."

According to the statement, solutions will provide a comprehensive package covering system deployment, software licensing, support, and managed services throughout the cluster's lifecycle, ensuring seamless operations and maintenance.

The company added that the impact of the deal will be visible in its financial results beginning from the first quarter of 2027.

Solutions is a technology services provider in Saudi Arabia focused on digital infrastructure. The project reflects its capabilities in areas such as artificial intelligence and high-performance computing, as well as its role in supporting the Kingdom's digital development.

Pipe deals
Separately, Arabian Pipes Co. said it had signed two contracts worth a combined SR241 million to manufacture and supply steel pipes to Aramco.

The first contract, valued at SR147 million, will run for 11 months, with its financial impact expected in the fourth quarter of 2025 and the first quarter of 2026.

The second, worth SR94 million, is expected to contribute to earnings in the second half of 2026.

In November, Arabian Pipes Co. signed a 13-month contract valued at SR47 million to produce and supply steel pipes to Aramco.

Arab News