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Aramco signs over $3.7bn in agreements with French firms

Saudi Aramco has signed agreements and an MoU with French companies worth more than $3.7 billion to boost supply chains and digital innovation.

Aramco signs over $3.7bn in agreements with French firms

Saudi Aramco, a leading integrated energy and chemicals company, has inked agreements worth over $3.7 billion with French firms. These partnerships aim to bolster supply chains, foster digital innovation, and enhance overall business resilience. The deals, which include a corporate procurement agreement for drilling equipment and a procurement agreement for pipes used in the oil and gas sector, were signed during a Saudi-French Investment Roundtable.

One notable agreement, between Aramco and Aramco Digital, focuses on exploring industrial artificial intelligence and digital twin technologies. The collaborations are expected to bolster both Aramco's and France's economic value.

Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

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