McDermott reinforces commitment to growth in Saudi Arabia
McDermott signed a Memorandum of Understanding (MoU) with Saudi Aramco as part of its Namaat Program to explore the feasibility of executing onshore modular construction in the Kingdom using McDermott’s Saudi Arabia Fabrication In Ras Al-Khair (SAFIRA) fabrication yard. The signing took place during the Industrial Investment Event in Dhahran, Saudi Arabia.
The partnership will identify ways to collaborate on the plant modularization concept, helping Saudi Aramco determine the extent of modularization opportunities within its upstream and downstream onshore projects portfolio.
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