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Alfanar, Daewoo to develop oil, gas and petrochemical projects in Saudi Arabia

Saudi construction company Alfanar signed an agreement with Korea’s Daewoo Engineering & Construction Co to explore opportunities for joint collaboration in the construction of ‎oil, gas, and petrochemical projects in ‎Saudi Arabia.

Through this agreement, Alfanar will work on transferring and localising expertise in the engineering construction field and exchange the expertise of advanced technologies used in design, procurement, and project execution.

The agreement was signed on the sidelines of Aramco’s flagship event Iktva Forum & Exhibition in Dhahran.