Qatar's Al Shaheen, GE ink $305m deals

12 May 2010

Two joint venture agreements totalling $305m (QR1.1bn) have been signed by Al Shaheen Energy Services, a wholly-owned Qatar Petroleum subsidiary, with GE Oil and Gas, Gulf Times has reported. The JV is named 'PII Pipeline Solutions' and will provide worldwide pipeline inspection and integrity services, as well as creating a new entity to perform after-market services for the entire GE Oil & Gas installed fleet in the Gulf state and the region.

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