WASHINGTON (dpa-AFX) - ITT Corp. (ITT) announced that it has signed a comprehensive seven-year strategic partnership agreement with Saudi Arabian Oil Company by which ITT will provide products and services to the world's largest oil producer for oil, gas and petrochemical projects in Saudi Arabia and internationally.
Under this agreement, which comes into effect immediately, ITT and its partner Aswad Group will provide products - including Goulds pumps, BIW well-head connectors, ProSmart predictive condition monitoring systems and PumpSmart advanced pump controls - and services through ITT Saudi Co. Ltd, ITT's local manufacturing and service operation, located in Dammam Second Industrial City.
ITT Saudi will provide professional expertise to support start up and commissioning of all types of pumping systems. ITT Saudi will also provide expert aftermarket services to support Saudi Aramco's operations through ITT PRO Services and Plant Performance Services programs.
Copyright RTT News/dpa-AFX
Kostenloser Wertpapierhandel auf Smartbroker.de