Saudi Aramco, an oil company of Saudi Arabia, reported that on the margins of the Future Investment Initiative forum, held in Riyadh, it signed 15 memorandums of understanding, strategic, commercial cooperation with international companies in excess of $34 billion. Thus, a memorandum on the beginning of the construction of a petrochemical complex in Jubail and the creation of a retail network of petrol stations was signed with the oil and gas company Total from France. Among the companies with which Saudi Aramco has concluded memorandum are companies such as Baker Hughes, Hyundai Heavy Industries, and others. It is reported that the Saudi oil giant plans to sign agreements totaling more than 50 billion dollars during the forum.
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