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Aramco signed an agreement with Doosan Heavy Industries & Construction and Dussur to establish a casting and forging joint venture in Saudi Arabia with a production target of 60,000 tons per year, supplying industrial and process equipment.
Dussur, Saudi Aramco and Doosan Heavy Industries announced a joint venture to build a 60,000-ton-per-year casting and forging facility in Ras Al Khair, Saudi Arabia, creating about 1,400 direct jobs, with operations expected in Q1 2025.
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.