Saudi Aramco and stc announced on Tuesday, Jan, 19 the launch of Dammam 7, a new supercomputer among the top ten most powerful in the world.

The supercomputer offers new opportunities in both exploration and development and enhances Aramco鈥檚 decision-making on exploration and investment decisions, both companies said in a statement received by Argaam.

This is the next step in Aramco鈥檚 digital transformation, complementing a suite of advanced technologies that are reshaping core operations, driving efficiencies and reinforcing its industry leadership in geoscience.

The Dammam 7 supercomputer was developed at Dhahran Techno Valley in partnership with Solutions, a subsidiary of stc Group, and CRAY, a Hewlett Packard Enterprise subsidiary.

It has 55.4 petaflops of peak computing power, allowing it to process and image the world鈥檚 largest geophysical datasets.

Aramco President & CEO, Amin Nasser, said: 鈥淒ammam 7 supercomputer will help us with breakthroughs as part of our long term 鈥淒iscovery and Recovery鈥� strategy in our Upstream business.

鈥淭his technology that processes complex data faster will enable new discoveries and enhanced recoveries, which are crucial to both ensuring the availability of adequate supply to meet the demand for energy and to cut costs while boosting productivity.鈥�

鈥淐ontinuous investment in innovative technology is an essential enabler of our Company鈥檚 long-term growth strategy, and Dammam 7 is another step in our plan to invest in the right technology that drives production efficiency and resilience,鈥� Nasser added.