Saudi Aramco has unveiled 17 new agreements and Memoranda of Understanding (MoUs) with US companies valued at over $30 billion, as part of its long-term expansion strategy.
The announcements, made at the U.S.–Saudi Investment Forum 2025 in Washington, follow 34 MoUs revealed in May, bringing potential US partnership opportunities to roughly $120 billion.
The deals span liquefied natural gas (LNG), procurement, advanced materials, and financial services, highlighting Aramco’s deepening engagement with American industry.
Key agreements include potential investments in the Lake Charles LNG project with MidOcean Energy, collaboration on a Louisiana liquefaction facility with Commonwealth LNG, and strategic procurement contracts with top U.S. suppliers including SLB, Baker Hughes, Halliburton, and KBR.
Aramco also signed a partnership with Syensqo to explore local carbon fiber and composite production, while financial collaborations involve Loomis Sayles, Blackstone, PGIM, and J.P. Morgan for cash management and asset management solutions.
Amin H. Nasser, Aramco President & CEO, said, “Since the 1930s, U.S. firms have played a major role in supporting our growth—from early oil production to advanced R&D and digital technologies. These new agreements will act as a springboard for further innovation and value creation.”
Analysts note that the deals not only reinforce Aramco’s century-long U.S. ties but also advance Gulf energy firms’ priorities in securing supply, diversifying portfolios, and boosting U.S.-based manufacturing and services.
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