Saudi Aramco signed on Thursday a memorandum of understanding (MoU) with Royal Dutch Shell agreed to jointly pursue international gas business opportunities, including upstream development, liquefaction projects and other aspects of the gas value chain, the state oil giant said on its website.
The MoU, signed at UK-Saudi CEO Forum held in London during Crown Prince Mohammed bin Salman’s visit to the UK, reflects Saudi Aramco’s strategy to expand its natural gas assets while acknowledging Royal Dutch Shell’s strength in LNG, it added.
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