Valvitalia Group signed a Memorandum of Understanding to establish a joint venture with Saudi FAL Co. LTD, a Saudi process automation operator, as part of its expansion into Saudi Arabia's energy and infrastructure market. The announcement is dated January 19, 2026.

Saudi Arabian Gas Arabian Services Company (GAS) signed an agreement with India's Tubefit Engineers to set up Tubefit Arabia Factory, a valve and instrumentation fittings joint venture in Saudi Arabia. Tubefit Engineers will hold 53% and GAS 47%, with an investment of $1.33 million.

Dussur, Saudi Aramco and Hyundai Heavy Industries signed a joint venture to manufacture 2-stroke and 4-stroke marine engines, electric power plant engines and marine pumps at Ras AlKhair in Saudi Arabia's Eastern Province. The venture is expected to create over 720 jobs.

Hyundai Heavy Industries and Saudi Aramco plan a joint venture in Saudi Arabia to produce engines and marine pumps. The article is dated 1 July 2017 and gives no value or site.