Aramco announced agreements and a memorandum of understanding with French companies on August 24, 2026. It described their potential combined value as exceeding $3.7 billion, rather than completed expenditure or entirely firm orders.
The scope covers drilling equipment procurement, oil-country tubular goods and possible Aramco Digital cooperation in industrial AI and digital twins. The technology memorandum creates a framework for potential collaboration; it does not establish that installations have been completed.
