Aramco enters upstream MoUs with foreign contractors

Saudi Aramco has signed seven memoranda of understandings with international companies to increase the efficiency of technology employed in the company’s upstream, downstream, and engineering services.

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Offshore staff

RIYADH, Saudi ArabiaSaudi Aramco has signed seven memoranda of understandings (MoUs) with international companies to increase the efficiency of technology employed in the company’s upstream, downstream, and engineering services.

The co-operations include:

  • Dassault Systems: Work on advanced materials and 4IR technologies.
  • Baker Hughes: Artificial intelligence and digital transformation.
  • BMT: The company plans to invest in fittings and valves manufacturing facilities in Saudi Arabia.
  • Tubacex Group: This company will invest in pipe weld overlay and cladding services manufacturing facilities in-Kingdom.
  • Pultron Composites: In this case, Pultron will invest in non-metallic glass fiber reinforced pipes manufacturing facilities in-Kingdom.

11/04/2019

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