Bayat said Saudi Aramco was honored to join with such a world-class organization “to support innovative energy research to help meet the world's energy challenges.” Established in 2006, MITEI brings together top researchers from MIT and the business sector to launch new initiatives focused on energy security, clean-fuel technologies and education. Others signing on to the initiative include oil industry majors such as BP, Chevron, Schlumberger, ENI and Total; as well as companies such as ABB, Bosch and Siemens that represent other energy sectors. As a sustaining member, Saudi Aramco will have a seat on the MITEI governing board, which provides key input into the initiative's research portfolio. --MORE
