{"id":106377,"date":"2026-03-25T00:00:00","date_gmt":"2026-03-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?p=106377"},"modified":"2026-03-25T03:53:25","modified_gmt":"2026-03-25T03:53:25","slug":"aramco-taps-solutions-for-supercomputers-gasco-eyes-50-of-jacko-gases","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/03\/25\/aramco-taps-solutions-for-supercomputers-gasco-eyes-50-of-jacko-gases\/","title":{"rendered":"Aramco taps Solutions for supercomputers, Gasco eyes 50% of Jacko Gases"},"content":{"rendered":"

\n

Solutions by STC to upgrade Aramco\u2019s exploration and reservoir analysis<\/p>\n

Solutions by STC will deploy an SAR 1.4 bn upstream supercomputers project <\/strong>for Aramco<\/strong>, according to a Tadawul disclosure<\/a>. Under a signed one-year agreement, Solutions will provide high-performance computing systems, software licensing, and managed services to enhance Aramco\u2019s oil and gas exploration and reservoir analysis through improved subsurface imaging and data processing.<\/p>\n

GCC oil players are focusing on the value chain: <\/strong>S&P Global expected<\/a> GCC national oil companies to prioritize value chain integration and upstream activities this year despite cautious spending. While regional capex is projected to rise, its players will remain focused on exploration, production, and securing reliable feedstock flows from upstream to downstream operations.<\/p>\n

\n

Gasco eyes 50% of Jacko Gases<\/p>\n

Gasco to acquire 50% of Jacko Gases for SAR 125 mn: <\/strong>National Gas and Industrialization Holding Company (Gasco) signed an equity interest purchase agreement to acquire a 50% stake in Jacko Gases from Mohammed Saleem Al Otaibi Company, it said in a bourse filing<\/a>. The SAR 125 mn transaction is structured as a capital injection intended to double Jackco\u2019s share capital \u2014 valuing the company at SAR 125 mn pre-acquisition \u2014 and fuel its expansion plans.<\/p>\n

What\u2019s next: <\/strong>The transaction, to be financed from internal resources, remains subject to regulatory approvals and will lead to Jacko\u2019s financial consolidation upon completion.<\/p>\n

Top line<\/strong> snapshot:<\/strong> Jacko Gases, which operates in the production, filling, and distribution of industrial and medical gases, posted a 30% y-o-y increase in revenues to SAR 66 mn in 2025, up from SAR 51.5 mn in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"

Solutions by STC secures SAR 1.4 bn contract to upgrade Aramco\u2019s upstream data processing<\/p>\n","protected":false},"author":1,"featured_media":106378,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,10,4904,523,257],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-106377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam-ksa","tag-national-gas-and-industrialization-company-gasco","tag-saudi-aramco","tag-solutions","wpautop","entry"],"acf":{"mongo_id":"cd4a744f-73c3-4409-8bec-16b8f069036d","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/1792.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Aramco taps Solutions for supercomputers, Gasco eyes 50% of Jacko Gases","related_issue":[106363],"teaser":"Solutions by STC secures SAR 1.4 bn contract to upgrade Aramco\u2019s upstream data processing"},"yoast_head":"\nAramco taps Solutions for supercomputers, Gasco eyes 50% of Jacko Gases - 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