Saudi Aramco agreements with US companies

Saudi Aramco signed agreements with major UScompanies which will pave way for the company to enhance its business synergy with the US as well as attracting investments from its SUS counterparts to the Kingdom.

The agreement which are estimated to be around USD 50B highlights the magnitude of strategic growth and diversification underway at Saudi Aramco.

Saudi Aramco entered into JV with various US companies. Saudi Aramco entered into JV with Jacobs Engineering to provide program and construction management services; to elevate project execution and job creation throughout Saudi Arabia and across the region

NOV and Saudi Aramco announced JV to provide high-specification drilling rigs and advanced drilling equipment

Saudi Aramco and GE have signed an MoU to undertake a digital transformation of Saudi Aramco’s operations with a goal of generating USD 4B in annual productivity improvements.

McDermott International, Inc. has signed another MOU with Saudi Aramco to expand and develop the company’s physical and human capital within the Kingdom as part of Aramco’s In-Kingdom Total Value Add (IKTVA) program.

Saudi Aramco has signed an MOU with Honeywell, which supports the development and diversification of Saudi Arabia’s oil and gas sector.

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