Saudi Aramco signs preliminary agreements worth up to $90 billion with US companies

Oil giant Saudi Aramco signed agreements with major US companies potentially totaling about $90 billion.

The company signed 34 memorandums of understanding and pacts through its Aramco Group Co.

The agreements span liquid natural gas, fuels, chemicals, emission-reduction technologies and artificial intelligence, Aramco said in a statement.

"The U.S. is really a good place to put our investment," Aramco CEO Amin Nasser said on Tuesday at the U.S.-Saudi Investment Forum in Riyadh.