Madrid welcomes Aramco Pan European Supplier Summit

Madrid welcomes Aramco Pan European Supplier Summit

Aramco suppliers from across Europe gathered in the Spanish capital this week to hear about opportunities arising from the company’s vast capital program.

The Aramco Pan European Supplier Summit attracted hundreds of new and existing suppliers who were also briefed on the evolving regulatory landscape in Europe and how to participate in the recently launched Aramco ESG Supplier Evaluation Program.

Aramco is advancing its gas program in the Kingdom while expanding its new energies portfolio and partnering with leading car manufacturers on lower-emission vehicle technologies. The company is also extending its global retail network, which is creating even more opportunities for suppliers across the operational value chain.

Aramco Senior Vice President Procurement & Supply Chain Management Mohammad Al-Shammary, welcomed delegates and urged participants to make the most of the networking opportunities offered by the event.

Aramco Senior Vice President Procurement & Supply Chain Management Mohammad Al-Shammary
Aramco Senior Vice President Procurement & Supply Chain Management Mohammad Al-Shammary

“This is a truly exciting time for Aramco as we extend our global reach, advance our gas program and broaden our new energies portfolio. It represents an unprecedented opportunity for you, our valued suppliers.”

Mohammad Al-Shammary - Senior Vice President Procurement & Supply Chain Management

“Our portfolio is brimming with projects that are as diverse in scope as they are in the specialties they require.”

Aramco Vice President Infrastructure & Marine Projects, Murad Al-Sayed, added

Aramco Europe's supply chain team has hosted meetings with new and existing suppliers across the continent this year to discuss procurement initiatives such as the In-Kingdom Total Value Add (iktva) program, which aims to further strengthen Aramco's supply chain by establishing a locally competitive industrial base.