Aramco Signs MOU, Agreements Worth 3.7 Plus Billion Dollars with French Companies

Business Collaboration Aramco Signs MOU, Agreements Worth 3.7 Plus Billion Dollars with French Companies

2026-10-13 Source: Press release Aramco 1 min Reading Time

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Aramco has partnered with French companies by entering into a MOU and agreements worth more than 3.7 billion dollars. With this partnership, Aramco aims to strengthen its supply chain ecosystem, enhance operational continuity and efficiency, advance industrial artificial intelligence and digital technologies, and deliver economic value to the Kingdom and France.

The collaborations focus on project support, capacity building and capability development, technology transfer and innovation, and supply chain resilience. (Source: Aramco) — The collaborations focus on project support, capacity building and capability development, technology transfer and innovation, and supply chain resilience.
(Source: Aramco)

Dhahran/Saudi Arabia – Aramco has recently announced agreements and a Memorandum of Understanding (MOU) with a potential combined value of more than 3.7 billion dollars with French companies.

These collaborative efforts are expected to strengthen Aramco’s supply chain ecosystem, enhance operational continuity and efficiency, advance industrial artificial intelligence and digital technologies, and deliver economic value to the Kingdom and France.

Amin H. Nasser, Aramco President & CEO, attended the French-Saudi Investment Roundtable Meeting, during which the agreements and MOU signed by Aramco and

Aramco Digital were announced.

The collaborations focus on project support, capacity building and capability development, technology transfer and innovation, and supply chain resilience. They include:

Corporate procurement agreement for drilling equipment

Purchase agreement for Oil Country Tubular Goods (OCTG)

Memorandum of Understanding with Aramco Digital that establishes a framework for potential collaboration in industrial AI, virtual twin/digital twin technologies, and related technologies, including potential applications in the oil and gas sector

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