Aramco signs five agreements with French firms, including Gaussin

Jeddah, Saudi Aramco has signed five agreements with French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin, the oil giant said in a statement.

“The agreement between Aramco and Gaussin aims to establish a modern manufacturing facility for on-road and off-road hydrogen powered vehicles in the Kingdom of Saudi Arabia,” the statement added, Reuters reports.

Other agreements have covered the areas of carbon capture technology, artificial intelligence and local manufacturing.

Source: Bahrain News Agency