Saudi Arabia's King Salman bin Abdulaziz Al Saud (R) and U.S. President Donald Trump sign a joint security agreement at the Royal Court in Riyadh, Saudi Arabia May 20, 2017. REUTERS/Jonathan Ernst
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Energy Minister Khalid al-Falih said deals involving all companies totaled over $200 billion.Some deals had been announced previously, while others were memorandums of understanding that would require further negotiations to materialize.GE said it signed $15 billion of business deals with Saudi Arabia, involving almost $7 billion of goods and services from GE itself.Weatherford signed a memorandum for $2 billion of projects related to localizing oil field goods and services.McDermott signed a $2.8 billion memorandum to deliver projects localizing goods and services along Saudi Aramco's supply chain.Honeywell signed a $3.6 billion memorandum to deliver projects localizing goods and services in Saudi Aramco's supply chain.
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