10 Feb 2011
(MENAFN) CEO of the Siemens Oil and Gas Division, Tom Blades, said that the company signed with Saudi Aramco a corporate procurement agreement (CPA) that aims to boost cooperation between the two companies, reported Saudi Gazette.
The CEO said that another sub-procurement agreement was signed which would make the company share its rotating services and equipment with aramco on a wider level in a cost efficient manner.
Aramko would benefit for a whole period of seven years from Siemens rotating equipment portfolio. CPA will cover low-emissions gas turbines with a capacity of up to 50 megawatts (MW) for a wide range of applications, high-efficiency steam turbines with ratings up to 200 MW, and compressors and blowers.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more