Saudi Aramco and Baker Hughes, a GE Company (BHGE), signed a memorandum of understanding (MoU) to establish a joint venture (JV) production facility to manufacture non-metallic materials in Saudi Arabia.
This agreement supports Saudi Aramco’s strategy to play a leading role in accelerating the deployment of non-metallic materials globally, with the aim to enhance efficiency and reliability of operational assets by reducing the effects of corrosion, Aramco said in a statement.
“Saudi Aramco has successfully deployed more than 5,000 kilometers of non-metallic pipes, resulting in a significant increase in efficiency and reduction in maintenance and replacement costs across the company’s operations,” said Aramco’s Senior Vice President for Technical Services, Ahmad Al Sa’adi.
The facility will help serve a number of industries, such as oil and gas, construction, automotive, packaging, and renewable energy to produce flow lines, downhole production tubing, vessels, pumps, and cooling towers, all of which are manufactured from non-metallic materials such as plastic, carbon fiber, and glass fiber.
“As a full stream oil and gas service and technology provider, we have a deep background driving non-metallic product development that will benefit a wide range of industries,” said Neil Saunders, the CEO of BHGE Oilfield Equipment.