Aramco plans on signing agreements with 10 US companies

The deals are said be signed on May 20 during US President Donald Trump’s first foreign trip to Saudi Arabia. (Reuters)

Oil giant company Saudi Aramco is said to be planning on signing agreements with at least 10 companies including General Electric Co. and oil field-service businesses Schlumberger Ltd. and Halliburton Co. when President Donald Trump visits Saudi Arabia, according to report by Bloomberg Markets.

Two anonymous sources who spoke to Bloomberg also said Aramco is planning to sign deals with Baker Hughes Inc., KBR Inc., Jacobs Engineering Group Inc., Nabors Industries Ltd., Weatherford International Plc, McDermott International Inc. and Rowan Companies Plc.

The deals are said be signed on May 20 during US President Donald Trump’s first foreign trip to Saudi Arabia.

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Last Update: Wednesday, 20 May 2020 KSA 09:49 - GMT 06:49
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