Riyadh – Mubasher: Saudi Arabian Oil Company, globally known as Saudi Aramco, has signed a memorandum of understanding (MoU) with Russia's Gazprom Neft on the sidelines of the Russian-Saudi Investment Forum, which kicked off on Monday in Riyadh, Reuters reported.
The forum is organised by the Russian Direct Investment Fund (RDIF), the Saudi Arabian General Investment Authority (SAGIA), and Strategic Partners.
Moreover, Aramco signed other deals with Russia's steel manufacturer TMK (Trubnaya Metallurgicheskaya Kompaniya), Galen, Chelyabinsk Pipe Rolling Plant, Angara Service chemical company, and INTRATOOL.