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Saudi Aramco inks deals with French firms
Saudi Aramco announced the signing of agreements and a memorandum of understanding worth over $3.7 billion with French companies to strengthen supply chains, develop artificial intelligence, and advance digital technologies. The goal is to support projects, enhance capabilities, and create economic value for both Saudi Arabia and France. The agreements include the purchase of drilling equipment and pipes for the oil and gas sector, as well as a cooperation framework in artificial intelligence and digital twins. These partnerships aim to improve business continuity, supply chain resilience, and technological innovation in the energy sector.
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