Aker Solutions signs partnership agreement with ACEC of Saudi Arabia
18. March 2009
| Editorial staff Ship&Offshore
Aker Solutions will provide the managerial and technical support to expand ACEC's engineering services business. ACEC is a well-established 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 Sheikh Bugshan, the owner of ACEC, to form a separate joint venture for the execution of In-Kingdom EPC projects. This is an important step towards positioning Aker Solutions for the Saudi Aramco initiative for the execution of small to medium EPC projects In-Kingdom.
