Aramco, one of the world’s leading integrated energy and chemicals companies, has signed 34 memoranda of understanding (MoUs) and agreements, with a potential total value of approximately $90 billion…
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed 34 memoranda of understanding (MoUs) and agreements, with a potential total value of approximately $90 billion, with major U.S. companies.
The MoUs and agreements cover collaborations and partnerships relating to a range of Aramco’s activities, including liquefied natural gas (LNG), fuels, chemicals, emission-reduction technologies, Artificial Intelligence (AI) and other digital solutions, manufacturing, asset management, short-term cash investments, and procurement of materials, equipment, and services.
The MoUs and agreements aim to build on the longstanding relationship between Aramco and U.S. companies, enhance shareholder value, and foster further collaboration and innovation in the energy sector and beyond.
From the upstream segment, the MoUs and agreements signed by Aramco include those with Sempra Infrastructure, with an MoU related to previously announced HOA regarding liquified natural gas (LNG) equity and offtake stake in Port Arthur LNG 2.
As announced earlier, Aramco and Woodside Energy signed collaboration agreement to explore global opportunities, including an equity interest and LNG offtake from the Louisiana LNG project. Additionally, both companies are exploring opportunities for a potential collaboration in lower-carbon ammonia.
Aramco enter final agreement with NextDecade for the purchase 1.2 million tonnes per annum of LNG
Content Original Link:
" target="_blank">
