Saudi Aramco inks 66 MoUs worth $21 bln with local, foreign entities

24/02/2020 Argaam

 

Saudi Aramco signed 66 memorandums of understanding (MoUs) and strategic and commercial collaborations valued at more than $21 billion (SAR 78.75 billion) with international entities from 11 countries, the company said in a statement.

 

These deals were signed on the sidelines of the 5th In-Kingdom Total Value Add (iktva) Forum & Exhibition, in several industrial and business fields covering the Saudi energy sector.

 

The MoUs and commercial collaborations included the following companies and entities:

 

- Hyundai Heavy Industry.

 

- Seimens.

 

- Aasia Steel.

 

- Oilfields Supply Center (OSC).

 

- Al-Khorayef Petroleum.

 

- Mitsubishi Hitachi Power Systems.

 

- Schneider Electric.

 

- Honeywell.

 

- Advanced Electronic Company (IT).

 

- XDM 3D Printing.

 

- Shengong New Materials.

 

- XINFOO.

 

- Saudi Exports Development Authority (SEDA).

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