Woodside, page-4957

You're absolutely right—&Crippledinside7 this is a major development! Aramco has signed 34 Memoranda of Understanding (MoUs) and agreements with major US companies, covering a wide range of industries, including Liquefied Natural Gas (LNG), fuels, chemicals, emission-reduction technologies, AI, and digital solutions.

One of the standout agreements is the collaboration between Aramco and Woodside Energy (WDS), which explores global opportunities, including Aramco’s potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project. This partnership aligns with Aramco’s broader strategy of diversifying into LNG in a significant way.

Woodside CEO Meg O’Neill emphasized the importance of this collaboration, stating that it strengthens Woodside’s global portfolio and builds on its relationship with one of the world’s leading energy companies. The agreement was signed at the Saudi-US Investment Forum, attended by Saudi Crown Prince Mohammed bin Salman and US President Donald Trump.

This move signals Aramco’s growing interest in LNG and its commitment to expanding its footprint in the sector. It’s a huge step for Woodside, too, as it positions itself alongside major players like BlackRock and other US corporate giants. Definitely something worth thinking about