Commodities
Aramco Inks Multi-Billion Dollar Deals with SLB, Vallourec, and Dassault in Paris
Saudi Aramco has signed agreements worth more than $3.7 billion with French oilfield service and supply companies to strengthen Saudi Arabia's drilling materials supply chain, according to Arabian Business.
The agreements were made during the French-Saudi Investment Roundtable organized in Paris around the state visit to France by Saudi Crown Prince Mohammed bin Salman Al Saud.
Aramco Digital, a subsidiary of Aramco, also signed a memorandum of understanding (MOU) with Dassault Systèmes to access industrial artificial intelligence, virtual twin/digital twin technologies, and related technologies in the oil and gas sector.