Key takeaways from Aramco’s $90 Billion U.S. tie-ups
- AMP
- May 15
- 2 min read
In a strategic move to deepen ties with U.S. industries, Saudi Aramco announced 34 preliminary agreements with major American companies, potentially valued at up to $90 billion, according to Reuters.
While the deals span across energy, technology, and finance, the spotlight remains on refineries, oil infrastructure, and downstream expansion, all aligned with Aramco’s long-term goals under Vision 2030.
Below are 10 key highlights that reflect how Aramco is positioning itself for the future:
Refinery expansion in Texas
Aramco will invest $3.4 billion to expand its Motiva refinery in Port Arthur, Texas , one of the largest in the U.S. This signals a deepened commitment to downstream operations in North America.
SAMREF refinery upgrade with ExxonMobil
A new memorandum of understanding (MoU) with ExxonMobil aims to upgrade the SAMREF refinery into an integrated petrochemical complex, reinforcing Aramco’s refining and petrochemical strategy.
20-year LNG supply deal with next decade
Aramco reconfirmed its long-term LNG agreement to import 1.2 million tonnes of liquefied natural gas annually, supporting its shift toward gas in a more balanced energy mix.
$90 billion in potential deals
A total of 34 preliminary agreements were signed with U.S. companies, potentially worth up to $90 billion, highlighting the growing strength of Saudi-U.S. energy and industrial ties.
U.S. viewed as key investment ground
Aramco CEO Amin Nasser called the U.S. “a good place to put our investment,” underscoring the strategic nature of these deals amid global energy uncertainty.
Digital transformation with Amazon Web Services
An MoU was signed with AWS to collaborate on digital innovation and low-carbon initiatives, showing that Aramco is investing in cleaner, smarter energy systems.
AI and robotics plans with Nvidia
A partnership with Nvidia will develop AI infrastructure, including an AI Hub, robotics center, and workforce training programs to modernize industrial operations.
Industrial tech boost with Qualcomm
Aramco and Qualcomm will work together to strengthen industrial networks and AI capabilities, pointing to more advanced tech integration across its operations.
Expansion of U.S. Supplier Network
Aramco reinforced partnerships with U.S. giants like SLB, Baker Hughes, GE Vernova, and Honeywell, strengthening its global supply chain.
Major moves in finance too
Financial agreements include a unified fund called "Fund of One", created in partnership with BlackRock, Goldman Sachs, Morgan Stanley, and PIMCO, supporting short-term investment strategies.

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