The World Economic Forum announced the inclusion of the Abqaiq facility in the list of "industrial beacons", making it the third Saudi Aramco facility to join this list recognized by the World Economic Forum, and it includes world-leading manufacturing facilities in the application of Fourth Industrial Revolution technologies.

The Abqaiq oil processing facility, the world's largest oil processing plant, joins Saudi Aramco's Uthmaniyah Gas Plant and Khurais Oil Complex, which have been included in previous announcements, and membership is granted to projects that demonstrate leadership in the application of industrial revolution technologies. Fourth in leading manufacturing facilities, value chains, and business models.

The Abqaiq facility is one of 21 new facilities added to the list, bringing the total to 90 facilities from around the world, and Saudi Aramco is the only major energy company on the list.

Vice President of Digital Transformation at Saudi Aramco, Nabil Al-Naim, said: “We are pleased to be honored by the World Economic Forum for the third time, following our success, thanks to God, in adopting and applying the advanced technologies of the Fourth Industrial Revolution. Three years ago, a testament to the importance we attach to the company’s digital transformation program and the rapid pace of its development, by pioneering the use of 4th industrial revolution solutions, such as artificial intelligence, industrial Internet of things, and robotics, at scale, we are setting new standards for the sector globally. significant improvements in cost, efficiency, product quality, energy consumption and environmental performance.”

It is noteworthy that the Abqaiq facility is the cornerstone of Saudi Aramco's business, as it produces Arab Light crude oil, Arab Extra Light crude oil, gas condensate and natural gas liquids, and provides about 5% of the world's oil supply.