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Saudi Aramco Signs $3.7B Agreements With French Companies

Saudi Aramco logoSaudi Aramco
Sig3.31Sen+2.65Env-0.30Soc+0.45Gov+0.60

Saudi Aramco signed multiple agreements and a memorandum of understanding with French companies totaling more than $3.7 billion. The deals cover corporate procurement of drilling equipment and procurement of pipes for oil production, and a memorandum with Aramco Digital on industrial AI, virtual and digital twin technologies and related technologies for oil and gas applications.

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