Saudi Aramco Signs $6B Procurement Agreements

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.

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