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Woodside, Aramco sign rare deal to partner on global, US energy projects

Woodside Energy has inked a rare agreement with Saudi Aramco, the world’s largest oil and gas producer, to pursue joint global investments – particularly in the United States, where Woodside is ramping up its presence.

The partnership was formalised at the US-Saudi Arabia investment forum in Riyadh on Wednesday, where US President Donald Trump touted a host of deals with the kingdom, including an arms package worth $US142 billion ($219 billion).

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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au

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    Original URL: https://www.afr.com/companies/energy/woodside-aramco-sign-rare-deal-to-partner-on-global-us-energy-projects-20250514-p5lz5l