Bently Nevada, a Baker Hughes business, and Saudi Basic Industries Corporation (SABIC), have announced a five-year strategic framework alliance agreement for the supply of asset performance management services.
The company is moving to six new, purpose-built facilities in Abu Dhabi, Kazakhstan, Qatar, Saudi Arabia, Australia and the USA.
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Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity in 4Q20.
The contract, awarded by Saipem S.p.A., is for the provision of double joint welding, coating and thermal insulation for a 36 in. pipeline as part of a major ongoing project in the Middle East.
The deal with Safari Oil & Gas Company Ltd. will see Pipeotech deliver its guaranteed leak-proof DeltaV-Seal gaskets to industries across the Kingdom of Saudi Arabia.
The progress of the Goreh-Jask crude oil pipeline has reached nearly 70%, and will probably be operational by March 2021.