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Saturday, November 28 - 2009

International Resources Group wins major Saudi Aramco energy modeling contract

  • Saudi Arabia: Wednesday, February 06 - 2008 at 07:46
  • PRESS RELEASE

Saudi Aramco, one of the world's largest integrated international oil companies, has awarded International Resources Group (IRG) a contract to develop an energy modeling system for Saudi Arabia that will provide insight into the evolution of that country's energy system to meet the growing demand for energy within the Kingdom in the most optimal manner.

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The award is based on IRG's work with MARKAL, the market allocation energy analysis model. MARKAL is a set of software tools that can be tailored to analyze energy needs over a number of years or decades, at the global, national and municipal levels. It provides a framework for exploring, evaluating and quantifying alternative policy outcomes and the roles that various policy options can have on technology and resource choices.

"The Saudi Aramco contract is representative of an important component of IRG's commercial sector practice. The demand for these energy systems analysis services is growing significantly," said IRG Corporate Vice President Matthew S. Mendis. "And we anticipate that increasing global concerns for limiting greenhouse gas emissions and addressing climate change challenges will spur that demand."

"It also represents an opportunity to build on IRG's MARKAL modeling capabilities for broader application, both in domestic and international markets," he added.

Since 1978, IRG has completed over 750 contracts in 137 countries, delivering high-quality, cost-effective services that promote positive economic growth, institutional and social change, and intelligent use of resources -- human, physical, environmental, and financial. IRG's international development staff includes world-renowned specialists who have pioneered many of the analytical techniques used in their fields. IRG's ability to provide management, economic, and technical advice is further enhanced by the diversity, cross-cultural experience, foreign language skills, and management capabilities of its staff.

IRG provides professional services in two main areas: general management and institutional strengthening services to public and private sector clients in the United States and around the world; and international development services to the U.S. Agency for International Development, World Bank, Asian Development Bank, Inter-American Development Bank and other donor agencies, governments, and organizations.
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CONTACT: Joan Ablett of the International Resources Group,
+1-202-289-0100

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