Business

Saudi energy company opens office in Cambridge

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Saudi Aramco, a company that last year produced an average 9.5 million barrels of crude oil a day, on Wednesday opened a research center in Cambridge, the first of three new US research facilities the global energy giant will set up by the end of next year.

Workers at the 32,000-square-foot office in Kendall Square will focus on several tasks, including developing computer simulations of oil reservoirs to help increase the amount of crude the company can extract. The center, owned and operated by the company’s US-based subsidiary Aramco Services Co., is expected to create roughly 50 high-tech science and research jobs.

Aramco chief executive Khalid A. Al-Falih listed the state’s innovation economy and research universities as a major reason for locating here.

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