11:55 AM EDT, 05/14/2025 (MT Newswires) -- Saudi Aramco said Wednesday it has signed 34 memoranda of understanding and agreements worth potentially about $90 billion with US companies via its Aramco Group Companies.

The Saudi Arabian oil company signed downstream MoUs and agreements with Honeywell's ( HON ) Honeywell UOP, Motiva, NewMarket's (NEU) Afton Chemical and ExonMobil (XOM). It signed upstream agreements with Sempra's ( SRE ) infrastructure unit, Woodside Energy ( WDS ) and NextDecade ( NEXT ) .

Aramco signed technology and innovation MoUs and agreements with Amazon ( AMZN ) and its AWS unit, Nvidia ( NVDA ) and Qualcomm ( QCOM ) . It signed technical services MoUs with SLB (SLB), Baker Hughes ( BKR ) , McDermott, Halliburton ( HAL ) , Nabors (NBR), Helmerich & Payne (HP), Valaris ( VAL ) , NESR (NESR), Weatherford (WFRD), Air Products and Chemicals ( APD ) , KBR (KBR), Flowserve ( FLS ) , NOV (NOV), Emerson (EMR), GE Vernova ( GEV ) and Honeywell ( HON ).

It signed a strategy and corporate development MoU with Guardian Glass, while its subsidiary, Wisayah, reached agreements with PIMCO, State Street (STT) and Wellington. Lastly, it signed agreements for short-term cash investments via a unified investment fund with BlackRock ( BLK ) , Goldman Sachs ( GS ) , Morgan Stanley ( MS ) and PIMCO.

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