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The CEO of the World's Largest Oil Company Visited KAIST. Khalid A. Al-Falih, the Chief Executive Officer (CEO) of Saudi Aramco, an oil company owned by Saudi Arabia, the largest oil-producing country in the world, visited the KAIST campus on September 15, 2010. During his visit, Mr. Al-Falih was introduced to KAIST’s innovative projects such as On-Line Electric Vehicle, Mobile Harbor, and Hubo. Mr. Al-Falih was invited to the KAIST campus by President Suh, both of which are currently consultants for King Fahd University of Petroleum and Minerals (KFUPM) in Saudi Arabia. Having visited Daejon right after attending the 21st World Energy Congress in Montreal, Canada, he would head to China for another conference on the next day. Al-Falih stated that he visited KAIST despite his busy schedule because he had “heard about KAIST that it is one of the best research oriented universities in Korea. Aramco and KAIST share the same goal of putting an effort in solving the problems that are of great concern to mankind today including issues related to energy, food, water, and climate.” “There are researchers in our company who know Korean, and we wish to send them to KAIST’s masters and doctorate programs to train them into professional research force. In particular, Aramco is hoping to strengthen research cooperation between KFUPM, King Abdullah University of Science Technology (KAUST), and KAIST as well as contribute to the economic development between Saudi Arabia and Korea by increasing cooperation with KAIST through our shared visions.” Saudi Aramco is the largest oil company in the world with the largest proven crude oil reserves and production known to date, responsible for over 30% of total OPEC crude oil production. It produces over 3.4 billion barrels of oil annually and has invested in S-Oil, one of the top three oil refining companies in Korea in 1991 to contribute to the development of Korean national oil refining industry.
2010.09.17 View 11291

KAIST, 291 Daehak-ro, Yuseong-gu, Daejeon 34141, Republic of Korea T.042-350-2114 F.042-350-2210(2220)