Saudi Aramco has signed agreements and a memorandum of understanding with French companies with a potential combined value of more than $3.7 billion. The announcements were made during the French-Saudi Investment Roundtable in Paris.
The agreements aim to strengthen Aramco’s supply chain and expand the use of industrial technologies, including corporate procurement for drilling equipment and oil country tubular goods. The partnerships also encompass industrial AI and digital twin technologies to improve operational continuity and efficiency.
