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Wednesday, July 27, 2022

Saudi Arabia, USA FCEC agreementnote

Saudi Arabia and the U.S. signed a bilateral Framework on Clean Energy Cooperation (FCEC) during U.S. President Joe Biden’s visit to the Kingdom earlier this month (15-16/7/2022).

The FCEC will be an open-ended agreement that will include both U.S. and Saudi investments regarding green hydrogen production.

Several U.S. companies are expected to be involved in the agreement, in addition to other international oil companies (IOCs).

Tactical Report has prepared a 337-word report to shed more light on the FCEC agreement and the companies that are involved.


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