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Saudi Aramco Announces $10bn Collaboration with US Firms

March 29, 2018, by Arabian Business

CEO and president Amin Nasser says exploring other deals in the infrastructure, manufacturing and service industry sectors.

Saudi Aramco has announced $10 billion worth of cooperation deals with 14 American companies, the company announced during the Saudi-US CEOs forum in New York City.

The 14 American companies with which Saudi Aramco has announced collaboration include some involved in off-shore drilling, cybersecurity, cloud services, media and scientific research.

The forum was held to promote bilateral business cooperation between the two countries, and was scheduled to coincide with Saudi Crown Prince Mohamed bin Salman’s visit to the United States.

“The growth of Saudi Aramco’s operations and the strategic roll out of Saudi Vision 2030 will provide multiple opportunities for strengthening our collaboration and partnerships, not only in the oil and gas, refining and chemicals sector, but also in digital technologies and cooperation in the fields of environmental conservation, climate change and the development of innovation,” said Saudi Aramco president and CEO Amin Nasser.

Nasser added that Saudi Aramco is also exploring opportunities for cooperation in infrastructure, manufacturing and the services industry.

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