The project also falls under Aramco’s Namaat program, which aims to establish strategic partnerships that drive Saudi Arabia’s economic, supply chain and industrial investment diversification and expansion
Aramco
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PIF transfers $80bn worth Aramco shares to investment subsidiary: Saudi Crown Prince
The Crown Prince, who chairs the PIF, has made it the vehicle for investments under his Vision 2030 strategy, which seeks to modernise the kingdom and diversify its economy to reduce its reliance on oil
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Aramco and DHL Supply Chain announce new end-to-end Procurement and Logistics Hub joint venture
Aramco believes the move help customers drive supply chain efficiency and cost benefits, while reducing their carbon footprint through more sustainable solutions
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Aramco enlists Volvo pipe layer for Khurais build
The first Volvo Construction Equipment rotating pipe layer has been enlisted by Saudi Aramco to support work on the pipeline extension at the Khurais oilfield in Saudi Arabia
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Zoomlion to deliver 41 cranes to Saudi contractor
Aramco deal, worth $11mn, is Chinese company’s largest single order