DHAHRAN, Saudi Arabia—Saudi Arabia’s state oil company is working to turn itself into an innovation powerhouse while its much-delayed plans to go public remain on hold. The U.S. Patent and Trademark Office granted Saudi Arabian Oil Co., better known as Aramco, 230 patents last year, four times as many as in 2013 when it racked up just 57. That placed Aramco third among oil-and-gas exploration and production companies that year, far behind Exxon Mobil Corp. but close to Chevron Corp. ...
The Saudi Oil Oil Company , better known as Aramco , was awarded 230 patents last year by the sage Patent and Trademark Office , up from 230 in 2013 . That 's still some way short of the more than 400 patents that Exxon Mobil registered in 2016 and about 360 last year . sage filed about 240 last year , filed about 250 , Total just over 100 and Conoco less than 50 . Aramco 's recent patents relate to fluids to break rocky oil formations using micro - particles , a docking station for mobile robots deployed in oil fields and systems to remove carbon from fuels .