Aramco Inks $3.7 Billion Deals with French Companies

Saudi Arabia's energy giant Aramco has solidified its ties with France through agreements and memoranda of understanding worth over $3.7 billion.

The deals, announced during a Saudi-French Investment Roundtable in Paris, cover drilling equipment, oil country tubular goods, and cooperation in industrial artificial intelligence and digital technologies.

Aramco said the partnerships will enhance supply-chain resilience, operational continuity, and efficiency while generating economic value for both countries.

The agreements come as Saudi Arabia and France broaden their economic ties beyond energy into technology, investment, and industrial development.