Saudi Aramco and HHI agree co-operation deal
The two parties form a joint venture to set up a world class engine manufacturing and aftersales facility in Saudi Arabia. Other deals include an expansion of their existing collaboration to further develop co-operation in shipbuilding, engine manufacturing, refining and petrochemicals as well as an agreement between the two to increase HHI’s equity share in International Maritime Industries from 10% to 20%
Other deals signed, as part of the Saudi Crown Prince’s visit to South Korea, include oil supply and storage agreements with Hyundai Oilbank and Korea National Oil Corporation respectively
If content does not display, please refresh your browser.