Aramco Secures Over $3.7 Billion in French Procurement Deals
Saudi Aramco has announced agreements and memoranda of understanding (MoUs) with French companies worth over $3.7 billion, covering critical drilling equipment and digital supply-chain capabilities.
The deals include a corporate procurement agreement for drilling equipment, a purchase agreement for Oil Country Tubular Goods (OCTG), and an MoU between Aramco Digital and Dassault Systèmes to explore industrial AI, virtual, and digital twin technologies.
Aramco's President and CEO, Amin H. Nasser, was present at the French-Saudi Investment Roundtable Meeting where the agreements were confirmed.