Aramco signed 145 agreements worth $9 billion at the iktva Forum 2025 to boost local content and supply chain collaboration in Saudi Arabia.
Highlights include ASMO operations in Riyadh, Novel Non-Metallic Solutions, and NMDC Offshore yard inaugurations.
iktva aims for 70 per cent localisation, increased exports, and job creation, with a current localisation score of 67 per cent.