Saudi Aramco will own 30% of the joint venture’s shares, while NOV will own the remaining 70%.
in kingdom total value add
Posted inProducts & Services
Aramco empowers local capabilities with $6.93bn purchase agreements for pressure vessels
The purchase agreements, signed on 1 May 2018, will focus on the supply of pressure vessels by local manufacturers, mandated under IKTVA goals as well as to actively pursue Saudisation targets.