DUBAI/CAIRO, Nov 19 (Reuters) - Oil giant Saudi Aramco
said on Wednesday it had signed 17 preliminary deals
with U.S. companies with a potential overall value of more than
$30 billion, during a visit to Washington by the Saudi Crown
Prince.
The projects span liquefied natural gas, financial services,
advanced materials manufacturing and procurement of materials
and services, it said in a statement.
Saudi and U.S. officials touted billions in new investments
and growing financial ties between the two countries on
Wednesday, coinciding with a visit to the White House by Saudi
Arabia's de-facto leader Crown Prince Mohammed bin Salman.
"We expect the multi-billion-dollar MoUs and agreements
announced today to act as a springboard for further progress,"
and to strengthen Aramco's collaboration with American firms,
Aramco's CEO Amin Nasser said in the statement.
The agreements build on previous memoranda of understanding
that were signed during a tour of Gulf countries by U.S.
President Donald Trump in May, when Aramco signed 34 preliminary
deals potentially worth up to $90 billion.
Aramco, which wants to become a major LNG player, especially
in the United States, said that Wednesday's MoUs and agreements
include a tie-up with MidOcean Energy for a potential investment
in the Lake Charles LNG project as well as a deal with
Commonwealth LNG around a liquefaction project in Louisiana.
It also announced tie-ups with other energy companies
including Baker Hughes ( BKR ) and Halliburton ( HAL ), as well
as financial giants Blackstone and JPMorgan ( JPM ).
It did not specify the value attached to the specific deals.