As prince visits, Saudi Aramco to sign $10 billion of deals in France

As prince visits, Saudi Aramco to sign $  10 billion of deals in FranceSaudi Aramco will sign eight deals worth $ 10 billion with French firms on Tuesday, the chief executive of the state-run oil giant said on Monday – the main contracts expected to be sealed during Crown Prince Mohammed bin Salman’s visit to France. The powerful young prince who is behind modernizing reforms in Saudi Arabia is on a three-day trip at a time when relations between the two countries have become more complicated, including over how to address Iran’s role in the region. Aramco and French oil major Total plan to sign an agreement to expand their joint venture refinery in Saudi Arabia, sources familiar with the matter told Reuters on April 5.

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