Saudi Aramco has signed a series of contracts worth US$57mn with Saudi Steel Pipes (SSP) for the supply of welded steel pipes used in the lining of oil wells and gas pipelines
Metals
Emal to raise US$4 billion to finance expansion plans
Emirates Aluminium (Emal) is seeking to raise US$4bn to finance expansion, according to a banker familiar with the plan
Amarinth secures US$5.5 million in Abu Dhabi orders
Centrifugal pump manufacturer Amarinth has been granted US$5.5mn worth of orders from Abu Dhabi-based National Petroleum Construction Company (NPCC) for two major offshore and onshore projects
Fluor wins EPCM contact for Ma'aden-Alcoa aluminium facility
Fluor Corporation (Fluor) has been awarded a US$337 million contract by a joint venture comprising Maaden and Alcoa to provide EPCM services for an aluminium manufacturing facility, in Ras Al-Khair in Saudi Arabia
Finland's Outotec awarded copper projects in Iran
Finland-based Outotec has been awarded multiple orders, worth a total of US$326 million, for technology deliveries to National Iranian Copper Industries Company?s (NICICO) copper and molybdenum projects in Iran