Saudi Aramco's $30B US Deals: A New Era of Cooperation

Saudi Aramco, the global oil giant, has signed seventeen preliminary agreements with U.S. companies, potentially worth over thirty billion dollars. These deals span various sectors, including liquefied natural gas, financial services, and advanced materials manufacturing. The announcements coincide with Saudi Crown Prince Mohammed bin Salmans visit to Washington, highlighting strengthening financial ties between the two nations. Aramcos CEO, Amin Nasser, expressed optimism about these multi-billion dollar agreements, which could position Aramco as a major player in the U.S. liquefied natural gas market. Partnerships were also formed with energy companies like Baker Hughes and Halliburton, as well as financial giants Blackstone and JPMorgan.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.