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Saudi Aramco Signs 17 US MoUs, Agreements With US Companies
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Saudi Aramco Signs 17 US MoUs, Agreements With US Companies
Nov 19, 2025 12:00 PM

12:46 PM EST, 11/19/2025 (MT Newswires) -- Saudi Aramco said Wednesday it has signed 17 memoranda of understanding and agreements worth potentially about $30 billion with US companies via its Aramco Group Companies.

The latest announcement expands on earlier commitments in May worth about $90 billion, the company said.

Aramco said the new investments coincide with the US-Saudi Investment Forum and build on its decades-long relationships with US companies.

Aramco said it signed LNG MoUs and agreements with MidOcean Energy and Commonwealth LNG. It also signed contracts and agreements with SLB (SLB), Baker Hughes ( BKR ) , McDermott, Halliburton ( HAL ) , NESR (NESR), KBR (KBR), Flowserve ( FLS ) , NOV (NOV), Worley, Fluor (FLR), and Syensqo.

The oil company also said it signed asset management and investment agreements with Loomis Sayles, Blackstone (BX), PGIM and J.P. Morgan (JPM).

Price: 136.67, Change: +0.14, Percent Change: +0.10

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