Saudi Aramco inks drilling deal with UK’s Downhole Products
Saudi Aramco has signed an agreement with Aberdeen-based Downhole Products to strengthen drilling operations, the oil giant said on its website.
The value of the deal was not disclosed.
Aramco signed the agreement along with five other deals at the Saudi-UK CEO Forum held in London during Crown Prince Mohammed bin Salman’s visit.
Commenting on the agreements, Aramco President and CEO Amin Nasser said: “Saudi Aramco has a massive investment program over the next 10 years. This includes a number of large world scale projects where British businesses can play a major role.”
Prince Mohammed wrapped up his UK trip on Friday, and will begin an official trip to the US on March 19.
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