Saudi energy company opens Cambridge center

The Boston Globe interviewed MITEI Director Bob Armstrong on the opening of the new center.

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Erin Ailworth, Boston Globe

Saudi Aramco, a company that last year produced an average 9.5 million barrels of crude oil a day, on Wednesday opened a research center in Cambridge, the first of three new US research facilities the global energy giant will set up by the end of next year...

...Robert C. Armstrong, director of the MIT Energy Initiative, said Aramco’s presence in Massachusetts is a sign that the state’s energy technology industry one day could be as significant as its lucrative biotechnology sector.

Armstrong said the Aramco seems interested in what it can learn from research in other industries, such as nanotechnology and material sciences, that can then be applied to energy.

“Cambridge specifically gives them an intellectual and innovative hub, and a field of new ideas,” he said.

...

Read the full article in the Boston Globe