Arabian Internet and Communications Services Company (Solutions by STC) has signed a one-year contract worth SAR 1.39 billion ($37 million) with Saudi Aramco to support its Upstream Supercomputers Project.
The initiative focuses on developing high-performance computing (HPC) infrastructure to enhance Aramco’s digital capabilities, particularly in oil and gas exploration and reservoir analysis.
The financial impact of the contract is expected to be reflected in Solutions by STC’s balance sheet starting from Q1 2027.
