Aramco Secures Up to $30 Billion in U.S. Energy and LNG Deals

Saudi Arabian Oil, known as Aramco, has inked deals potentially worth over $30 billion with U.S. firms during the U.S.-Saudi Investment Forum in Washington, DC. The agreements span energy infrastructure and supply chain partnerships, marking a significant expansion of Aramco's U.S. footprint.

The oil giant is exploring a stake in the Lake Charles LNG facility with MidOcean Energy and has signed a new agreement with Commonwealth LNG for a Louisiana site. Both deals include provisions for future LNG and gas purchases, signaling Aramco's long-term commitment to U.S. energy markets.

Aramco has also established new terms with major U.S. service providers including Schlumberger, Baker Hughes, and Halliburton. These partnerships will support operations at Core sites through equipment, parts, and technical services. Separately, a collaboration with Syensqo aims to localize production of carbon fiber components for Aramco's key facilities.