Aramco Unveils $30 Billion in New U.S. Deals at Washington Investment Forum

Core Insights - Aramco has announced 17 new agreements and memoranda of understanding (MoUs) with American companies, valued at over $30 billion, as part of its long-term growth strategy in the U.S. market [1] - The recent collaborations focus on LNG, supply-chain procurement, advanced materials, and financial services, building on 34 MoUs from May, representing a total of approximately $120 billion in potential U.S. partnership opportunities [2] Group 1: Agreements and Collaborations - The new agreements coincide with the U.S.–Saudi Investment Forum 2025, reinforcing Aramco's long-standing commercial relationship with the U.S. and its expanding global gas and downstream footprint [3] - Key details of the new agreements include contracts with top-tier U.S. suppliers such as SLB, Baker Hughes, and Halliburton, enhancing Aramco's access to U.S. engineering, equipment, and services [4] - An extended MoU with Syensqo aims to localize carbon fiber and composite manufacturing for industrial applications [5] Group 2: Financial Services and Strategic Partnerships - Aramco's President & CEO highlighted the historical partnership with U.S. firms since the 1930s and emphasized that the new multi-billion-dollar deals would unlock new innovation and growth opportunities [6] - New financial service agreements include partnerships with Loomis Sayles, Blackstone, and PGIM, as well as a strategic partnership with J.P. Morgan for cash account management [8]