Sunday, November 3, 2024

Saudi Arabian Companies Plan Massive Houston-Area Investments

Could add to $10 billion in projects pending study From the Houston Chronicle Saudi Arabia’s premier energy companies are planning to invest billions of dollars in their Houston-area petrochemicals operations to take advantage of cheap natural gas feedstocks from West Texas shale fields. Saudi Aramco, the world’s largest oil company, signed two separate agreements with oil-equipment makers TechnipFMC, which has headquarters

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