Saudi Aramco, Saudi Arabia's state oil firm, will sign deals with 10 U.S. companies on Saturday during President Donald Trump's visit to Saudi Arabia, Reuters reports.
The deals with top U.S. companies such as oilfield services firms Schlumberger (SLB) - Get Report, Halliburton (HAL) - Get Report, Baker Hughes (BHI) , and Weatherford (WFT) - Get Report are part of the oil giant's push to develop local manufacturing.
Saudi Aramco is expected to be the biggest initial public offering in history when it prices next year.
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