Aramco Says It Has U.S. Tie-Ups Worth up to $90 Billion Amid Trump Gulf Tour
- On May 13, 2025, in Dhahran, Saudi Aramco finalized a series of 34 agreements and memoranda with U.S. Companies, collectively valued at nearly $90 billion.
- These agreements followed the U.S.-Saudi investment forum held during President Trump's four-day Gulf visit and include some deals previously announced.
- The deals cover liquefied natural gas supply, refinery upgrades, artificial intelligence development, digital transformation, and short-term cash investments involving firms like ExxonMobil, Nvidia, Amazon, and SLB.
- Aramco CEO Amin Nasser emphasized the United States as a favorable location for the company’s investments, highlighting initiatives such as multidisciplinary research and development and the $3.4 billion expansion of the Motiva refinery in Texas.
- The agreements strengthen Aramco's longstanding U.S. Partnerships and support Saudi Arabia's Vision 2030 goals of diversifying its economy and attracting foreign investment.
19 Articles
19 Articles
Aramco says it has U.S. tie-ups worth up to $90 billion amid Trump Gulf tour
Saudi Aramco said on Wednesday it had signed 34 preliminary deals with major U.S. companies, potentially worth up to $90 billion in a push to deepen commercial ties with the United States on the back of President Donald Trump's visit to the kingdom.
Saudi Arabia Deal Includes New Aramco Investments in U.S.
Current conditions: Highs in Dallas, San Antonio, and Austin could break 100 degrees Fahrenheit on Wednesday afternoon, with ERCOT anticipating demand could approach August 2023’s all-time high of 85,500 megawatts • Governor Tim Walz has called in the National Guard to respond to three fires in northern Minnesota that have burned 20,000 acres and are still 0% contained • The coldest place in the world right now is the South Pole of Antarctica, w…
Coverage Details
Bias Distribution
- 60% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage