Aramco and Petrovietnam sign Framework Agreement

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam).

The agreement was formalised during an official visit by the Prime Minister of Viet Nam, H.E. Pham Minh Chinh, to the Kingdom of Saudi Arabia.

It paves the way for potential cooperation spanning the storage, supply and trading of energy and petrochemical products.

The agreement was signed during the FII 8th Edition in Riyadh with a view to identifying potential opportunities to optimize operations and unlock additional value.