Under the deal, Aker Solutions will provide the managerial and technical support to expand ACEC's engineering services business. ACEC is a general engineering services contractor approved and licensed by Saudi Aramco. It currently employs 160 staff. The partnership will also enable Aker Solutions to further expand its current engineering, procurement and construction (EPC) business by working with ACEC's owner Sheikh Bugshan to form a separate joint venture for the for the execution of In-Kingdom EPC projects.
Friday, March 13, 2009
Aker Solutions shakes on Saudi tie-up
Norway's Aker Solutions has sealed a partnership deal with the Arabian Consulting Engineering Centre (ACEC) as it presses ahead with plans to boost its engineering services busines in Saudi Arabia.
Under the deal, Aker Solutions will provide the managerial and technical support to expand ACEC's engineering services business. ACEC is a general engineering services contractor approved and licensed by Saudi Aramco. It currently employs 160 staff. The partnership will also enable Aker Solutions to further expand its current engineering, procurement and construction (EPC) business by working with ACEC's owner Sheikh Bugshan to form a separate joint venture for the for the execution of In-Kingdom EPC projects.Read More
Under the deal, Aker Solutions will provide the managerial and technical support to expand ACEC's engineering services business. ACEC is a general engineering services contractor approved and licensed by Saudi Aramco. It currently employs 160 staff. The partnership will also enable Aker Solutions to further expand its current engineering, procurement and construction (EPC) business by working with ACEC's owner Sheikh Bugshan to form a separate joint venture for the for the execution of In-Kingdom EPC projects.
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