Saudi-U.S. Investment
Aramco announces 17 MoUs and agreements with companies in U.S.
Global Today
Operational Excellence
Potential value of the MoUs and agreements is about $30 billion, in addition to the potential approximate value of $90 billion of MoUs and agreements signed in May.
- Collaborations are expected to support Aramco’s strategic growth objectives.
- Announcement builds on Aramco’s strong foundation of investments and business relationships with U.S. companies.
- Projects in focus span LNG, financial services, advanced materials manufacturing, and procurement of materials and services.
Aramco has announced 17 Memorandaums of Understanding (MoUs) and agreements with a potential total value of more than $30 billion with major companies in the U.S., through its Aramco Group Companies. These MoUs and agreements build on the 34 MoUs and agreements announced in May, which had a potential total value of approximately $90 billion, all supporting toward unlocking potential collaboration opportunities with companies in the US valued at around $120 billion.
The MoUs and agreements announced Wednesday are expected to support Aramco’s strategic growth objectives while enhancing shareholder value, and involve collaborations and partnerships covering a range of activities including Liquefied Natural Gas (LNG), financial services, advanced materials manufacturing, and procurement of materials and services.
The announcement coincides with the U.S.-Saudi Investment Forum 2025 in Washington, DC, and builds on Aramco’s long history of partnership with U.S. companies spanning more than nine decades.
The new MoUs and agreements announced by Aramco include:
LNG
- MidOcean Energy: MoU related to potential investment in the Lake Charles Liquefied Natural Gas Project.
- Commonwealth LNG: related to a liquefaction project located in Louisiana, US, and Aramco Trading’s potential purchase of LNG and gas.
Procurement of materials and services
- Contracts and agreements reflecting relationships with strategic US suppliers: SLB, Baker Hughes, McDermott, Halliburton, NESR, KBR, Flowserve, NOV, Worley, and Fluor. These suppliers provide high-standard materials and professional services that help support Aramco’s projects and operations.
Advanced materials manufacturing
- Syensqo: extension of MoU to explore localization of carbon fiber and advanced composites for industrial applications.
Financial services
- Wisayah asset management and investment agreements with Loomis Sayles, Blackstone, and PGIM, Inc.
- J.P. Morgan: Strategic collaboration for cash account management.
This article appears on Aramco.com.