SAUDI ARAMCO, MCDERMOTT PLATFORMS
MEOG - Saudi Aramco today signed a land lease agreement with McDermott Arabia Company, a wholly-owned subsidiary of McDermott International, to grant McDermott a lease to establish a fabrication facility located within the King Salman International Complex for Maritime Industries in Ras Al-Khair, Saudi Arabia. This is pursuant to a Memorandum of Understanding signed between Saudi Aramco and McDermott.
The new facility will be used for large scale fabrication of offshore platforms and onshore/offshore modules. To further enhance project…
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