Saudi Aramco has awarded contracts totaling $6.2bn to Saudi manufacturers as part of its In-Kingdom Total Value Add (IKTVA) programme.
The 10-year agreements will focus on the supply of pressure vessels by 16 local manufacturers.
The agreements are part of Aramco's strategy to enhance Saudi small and medium-sized enterprises (SMEs) in the kingdom.
Companies which signed deals with Aramco are:
- Al-Zamil Process Equipment
- Al-Zamil Heavy Industries
- Arabian CBI
- Hesham al-Sewedy
- Geyad Factory
- Olayan Descon Engineering
- Saudi Arabian Fabricated Metals
- Gulf Steel Works
- Bemco Steel Industries
- Natco al-Rushaid Middle East
- Al-Zamil Metal Works
- Titanium & Steel Manufacturing Company (TSM Arabia)
- Petron Saudi Industrial Company
- Inma Steel
- Oil and Gas eq
- Gulf Sky Factory Company
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