KAIST, Aramco sign agreement to develop carbon storage technology
Jan 9, 2013
The Korea Advanced Institute of Science and Technology and Saudi Aramco have agreed to establish a research center to develop technologies to capture, store and utilize carbon dioxide. Korea’s leading research institution and the world’s top oil developer signed a memorandum of understanding in Dhahran, Saudi Arabia, on Monday. They will build a new facility with a total floor space of 16,500 square meters in the school’s campus in Daejeon.KAIST said the center will be financed equally by the t