Saudi Aramco signs $10.4 billion worth of MOUs with companies

13 Dec 2017   Saudi Arabia

Saudi Aramco ] signed on Wednesday agreements with foreign and local companies worth at least 39 billion riyals (8 billion pounds). The bulk of the memorandum of understanding agreements were part of a drive to promote local manufacturing, the company said. One agreement was also signed with drilling and oil service company Schlumberger worth 6 billion riyals.

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