Advertisement
Categories: BusinessNewsWorld

Saudi Aramco Signs $6B Procurement Agreements

Advertisement

Saudi Arabia’s state-owned oil giant, Aramco, has sealed procurement contracts totaling $6 billion with domestic vendors, marking an expansion of its local supply network.

Aramco highlighted that the 40 newly inked agreements aim to bolster the domestic value chain and enrich the ecosystem fostered by the company.

The procurement deals cover a spectrum of products, including critical commodities like instrumentation, electrical equipment, and drilling gear.

This post was last modified on February 27, 2024 12:30 pm

Advertisement
Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

Recent Posts

Pak Qatar General Takaful IPO Public Portion Oversubscribed by 9.6x

Pak Qatar General Takaful Limited’s Initial Public Offering (IPO) witnessed extraordinary investor demand with applications…

33 minutes ago

Abdul Qadir Named as New Player for Pakistan Squad After Mohammad Shayan’s Injury

The Event Technical Committee for the upcoming ICC U19 Men’s Cricket World Cup 2026 has…

1 hour ago

Over 200 Dead in Catastrophic Coltan Mine Collapse in Congo

More than 200 people were killed this week when a coltan mine collapsed in eastern…

1 hour ago

Prince William Urged to Forgive Harry for Monarchy’s Future Stability

Prince William has received a warning from royal historian Tessa Dunlop in The i Paper…

1 hour ago

Gold and Silver Prices Continue Plummeting Across Markets

Gold and silver prices continued to decline in both international and local markets on Saturday.…

1 hour ago

US Approves Billions in Arms Sales to Saudi Arabia and Israel Amid Tensions with Iran

The United States approved multibillion-dollar weapons sales to both Saudi Arabia and Israel amid heightened…

2 hours ago