Aramco CEO: $30B in energy MoUs to be sealed with US today

19/11/2025 Argaam
Amin Nasser, CEO of Saudi Arabian Oil Co. (Saudi Aramco), addresses the Saudi-US Investment Forum 2025

Amin Nasser, CEO of Saudi Arabian Oil Co. (Saudi Aramco), addresses the Saudi-US Investment Forum 2025

Amin Nasser, CEO of Saudi Arabian Oil Co. (Saudi Aramco), identified liquefied natural gas (LNG) as the Saudi oil giant’s key target for expansion in the US.

 

He confirmed that $30 billion (SAR 112.5 billion) worth of energy-focused memoranda of understanding (MoUs) are slated for signing with the US today, Nov. 19.

 

The CEO underscored Aramco’s significant ongoing investments and expansion within the US.

 

Additionally, its venture capital arm has invested $1.5 billion in the US, Nasser indicated, adding that Aramco’s yearly expenditure on US goods and services amounts to $15 billion (SAR 56.3 billion).

 

He also pointed out that the cumulative value of MoUs for US investment signed since last May reached $120 billion.

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