Shaybah, the base for Saudi Aramco's Natural Gas Liquids plant and oil production in the surrounding Shaybah field in Saudi Arabia's remote Empty quarter desert close to the UAE. (Image credit: IAN TIMBERLAKE/AFP/Getty Images)

Aramco planning at least 10 energy deals during Trump visit

The deals will be signed on May 20 during Trump’s first foreign trip as president

Saudi Aramco plans to sign 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 two people familiar with the matter.

The world’s biggest crude oil exporter plans to sign accords also with  Baker Hughes, KBR Inc., Jacobs Engineering Group Inc., Nabors Industries Ltd., Weatherford International Plc, McDermott International Inc. and Rowan Companies Plc, said the people, who asked not to be identified because they are not authorised to speak to media.

The deals will be signed on May 20 during Trump’s first foreign trip as...Read more...

Source: arabianbusiness.com