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FMC, Shoaibi form JV
By Saudi Gazete Staff
The Saudi Gazette Published in The Saudi Gazette on 17 - 06 - 2009

Shoaibi Group and FMC Petroleum Equipment (Malaysia) SND. BHD., a wholly-owned subsidiary of FMC Technologies, Inc. -US (FMC) announce the formation of FMC Technologies Saudi Arabia Ltd, a joint venture based in Al-Khobar, offering oil operators equipment and services for oil and gas exploration, development and production.
The joint venture will manufacture surface wellhead equipment meeting API standards as well as FMC's rigorous global quality standards in Saudi Arabia, and will benefit significantly from Shoaibi Group's strong operations and market expertise across the Kingdom. __

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