• Aramco is developing an ambitious new project called LAB7, a purpose-built facility supporting innovators and entrepreneurs within the Kingdom
• Successful applicants with breakthrough ideas, but who lack the technical skills or equipment to implement them, will get the help they need to see projects through to fruition
• It aligns with the Company’s commitment to finding efficient solutions that promote sustainable global development

Almost 2,000 years separate the advent of paper and the age of the Internet. The gap between the invention of the wheel and the world’s first automobile is even wider, stretching more than 5,000 years. Each of these breakthroughs had a profound impact on society, changing lives and behaviors in revolutionary ways. They are also clear examples of how mankind’s pursuit of progress is both timeless and relentless. But just as the needs of society evolve along with technological advances, so do the needs of our innovators.

Throughout history, the human race has been characterized by its capacity to innovate. Yet the rapidly accelerating pace of development has opened up a new realm of possibilities, from Artificial Intelligence (AI) to renewable energy. It is against this backdrop that Aramco is moving forward with an ambitious new project, LAB7, that seeks to empower the innovators of today - and help them deliver solutions for tomorrow.

From Well 7 to LAB7

Named after the landmark Dammam Well Number 7, the first commercial oil well in Saudi Arabia, LAB7 is a product development initiative that provides a platform for 21st Century pioneers to develop groundbreaking ideas from conception to completion, helping them turn their vision into reality. A purpose-built facility now under construction in Dhahran, Saudi Arabia, will offer full technical and manufacturing support to projects accepted for the LAB7 program, as well as business development guidance to maximize their commercial prospects.