Saudi Aramco & Norwegian software firm Cognite launch data-driven JV, CNTXT

By Arya M Nair, Official Reporter
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Saudi Aramco, a global integrated energy and chemicals company, and Cognite, a Norwegian software as a service company, have launched CNTXT, a joint venture based in Saudi Arabia.

CNTXT, headquartered in Riyadh, seeks to promote the Kingdom’s industrial digitization as well as the wider MENA region. It will provide digital transformation services enabled by advanced cloud solutions and leading industrial software.

These solutions and services aim to help public and private sector companies future-proof their data infrastructure, increase revenue, cut costs and reduce risks while enhancing operational sustainability and security. CNTXT is Google Cloud’s reseller for cloud solutions in the Kingdom and the exclusive reseller of Cognite Data Fusion in the MENA region.

In addition, Google Cloud is expected to launch a “Center of Excellence” later this year to train developers and business leaders on how to leverage cloud technologies.

Mr. Abdullah Jarwan, CEO of CNTXT said that “The untapped potential in the digital transformation of the Kingdom of Saudi Arabia and the greater Middle East is enormous. With Google Cloud and Cognite offerings in our portfolio, we can help the public and private sectors innovate faster, scale AI-driven solutions, and turn data into value.”

The launch of CNTXT is a major milestone in the collaboration between Aramco and Aker ASA, the majority owner of Cognite. The partnership began in 2019, with the signing of a Memorandum of Understanding (MoU) to develop synergies and share knowledge on industrial digitalization and sustainability initiatives.

Mr. Ahmad A. Al-Sa’adi, Aramco Senior Vice President, Technical Services, said that ‘’CNTXT brings together industrial legacy, advanced technology, and a truly talented team that will aid in the digitalization of public and private sectors in the Kingdom. CNTXT aims to be an important catalyst of digitalization of the Kingdom.”

Related: Saudi Aramco awards Zuluf Facilities’ EPC contract to Japan’s JGC