Saudi Aramco signed a preliminary agreement with Royal Dutch Shell to jointly pursue both international and domestic gas opportunities on 8 March 2018. The Memorandum of Understanding (MoU) was signed in London during the official state visit of Saudi Crown Prince Mohammed bin Salman. It includes provision for both upstream and gas liquefaction projects. Shell Chief Executive Officer (CEO) Ben van Beurden informed reporters following the associated ceremony that it was âa discussion that began some time ago and now we have signed a memorandum to work on gas projects from upstream to downstream across the world and in Saudi Arabia, concrete projects would be announced in due courseâ.  In recent years, under the leadership of Minister of Energy, Industry and Mineral Resources Khalid Al-Falih and the Supreme Council of the Saudi Arabian Oil Company (established in 2015), Saudi Arabia has significantly transformed its strategic approach to gas, recognising its critical role in determining a balanced energy future for the country.
Saudi Aramco signed a preliminary agreement with Royal Dutch Shell to jointly pursue both international and domestic gas opportunities on 8 March 2018. The Memorandum of Understanding (MoU) was signed in London during the official state visit of Saudi Crown Prince Mohammed bin Salman.