Saudi Aramco, Baker Hughes form JV to manufacture non-metals
JV formed as Saudi Arabian oil and gas giant looks to expand its use of materials such as carbon fibre and plastic
America's Baker Hughes, a GE company (BHGE) has created a joint venture (JV) facility with Saudi Aramco that will manufacture non-metallic materials as part of the latter's ongoing drive to expand the use of non-metals in its operations.
Signed on 1 July, the memorandum of understanding supports Aramco’s strategy to play a “leading role in accelerating the deployment of non-metallic materials globally”.
The JV will “initially focus on non-metallic reinforced thermoplastic pipes as a first and crucial step towards developing such capabilities in Saudi Arabia”, the energy giant added in a statement.
Non-metallic materials include plastic, carbon fibre, and glass fiber, and their applications are deployed across industries such as oil and gas, construction, automotive, packaging, and renewable energy.
Commenting on the deal, Ahmad Al Sa’adi, Aramco’s senior vice president for technical services, said: “Saudi Aramco has successfully deployed more than 5,000km of non-metallic pipes, resulting in a significant increase in efficiency and reduction in maintenance and replacement costs across the company’s operations.
“Producing these materials in the kingdom would also unlock opportunities for local manufacturers and facilitate knowledge transfer.”
Aramco recently opened the Non-metallic Innovation Centre in the UK, in collaboration with Welding Institute and the National Structural Integrity Research Centre, to develop, test, and market new products.