Aramco expands global alliances with French firms
Saudi Aramco signed agreements and memoranda of understanding valued at over $3.7 billion with French companies, aimed at strengthening supply chains, enhancing business continuity and efficiency, and developing industrial artificial intelligence technologies and digital innovations. The agreements include the purchase of drilling equipment and oil pipes, as well as collaboration in technology and innovation fields, with the goal of supporting projects, expanding capabilities, and transferring technology. These partnerships were signed during a Saudi-French investment meeting attended by Aramco’s CEO, Engineer Amin Nasser.
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