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Motiva signs MoUs with Honeywell UOP and TechnipFMC worth USD 10bn
April 10, 2018
Source: Arabian Oil and Gas

Motiva signs MoUs with Honeywell UOP and TechnipFMC worth USD 10bn

Saudi Aramco’s wholly-owned downstream oil and gas subsidiary, Motiva Enterprises, has signed MoUs up to $10 billion with the US companies Honeywell UOP and TechnicpFMC. The MoUs have been signed to support Motiva’s expansion into petrochemicals. Moreover, the announcements strengthen Aramco’s commitment to serve both the nations over the long term.

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