27
Mar
15:30
McDermott eyes Saudi fabrication facility commissioning in 2022
Saudi Aramco has granted McDermott a lease to establish a fabrication facility at the prospective King Salman International Complex for Maritime Industries in Ras Al Khair on Saudi Arabia’s east coast.
This follows the signing in 2017 of a memorandum of understanding between McDermott and Aramco (see Kallanish passim). The land lease agreement was signed with McDermott’s fully-owned subsidiary McDermott Arabia Company.
The new 1,150,000m²&nbs…
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Anonymous
Very good overview of the weekly steel market.
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