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Tuesday, 16 May 2017

Aramco Plans at Least 10 Energy Deals During Trump Visit - Bloomberg

Aramco Plans at Least 10 Energy Deals During Trump Visit - Bloomberg:

"Saudi Aramco plans to sign agreements with at least 10 companies including General Electric Co. and oil field-service businesses Schlumberger Ltd. and Halliburton Co. when President Donald Trump visits Saudi Arabia, according to two people familiar with the matter. The world’s biggest crude oil exporter plans to sign accords also with Baker Hughes Inc., KBR Inc., Jacobs Engineering Group Inc., Nabors Industries Ltd., Weatherford International Plc, McDermott International Inc. and Rowan Companies Plc, said the people, who asked not to be identified because they are not authorized to speak to media. The deals will be signed on May 20 during Trump’s first foreign trip as president.  Media officials at Aramco, Baker Hughes, McDermott, Halliburton and Jacobs declined to comment. GE, Schlumberger, Weatherford, Nabors, Rowan and KBR didn’t immediately return phone and email messages seeking comment."



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