Digitization
Aramco signs $3.7 billion-plus deals with French companies
The deals span project support, capacity building, technology transfer, innovation and supply chain resilience
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By ICN Bureau | August 25, 2026
Aramco has announced agreements and a Memorandum of Understanding (MoU) with French companies worth a potential combined value of more than $3.7 billion.
This move is aimed at strengthening supply chains, boosting industrial technology and creating economic value for Saudi Arabia and France.
The agreements were announced during the French-Saudi Investment Roundtable Meeting, attended by Amin H. Nasser, Aramco President & CEO.
The deals span project support, capacity building, technology transfer, innovation and supply chain resilience, with a strong focus on improving operational continuity and efficiency.
Among the agreements is a corporate procurement deal for drilling equipment, alongside a purchase agreement for Oil Country Tubular Goods (OCTG).
Aramco Digital has also signed a Memorandum of Understanding establishing a framework for potential cooperation in industrial artificial intelligence, virtual twin and digital twin technologies, as well as related applications, including potential uses across the oil and gas sector.
The collaborations are expected to advance industrial AI and digital technologies while supporting capability development and technology transfer between the two countries.
Together, the initiatives mark a significant expansion of commercial and technology cooperation between Aramco and French industry, with the potential to deliver value across both the Saudi and French economies.
