Saudi-based Alfanar has signed a co-operation agreement with Aramco, which aims to augment localisation, innovation, digitisation and sustainability in the Kingdom. The initiatives covered under the MoU include: manufacturing, EPC, modularisation, commercialisation of intellectual properties (IP), energy efficiency and environmental protection, said a statement from Alfanar. The initiatives align with the In-Kingdom Total Value Add (IKTVA) programme that Aramco launched to support economic development through local content increment, the company noted. The MoU was signed by Ahmad Al Saadi, senior VP of Technical Services at Aramco and Abdul Salam Al Mutlaq, chairman of Alfanar at the Alfan
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