Saudi-based Jubail Energy Services Co (JESCO) said on Saturday it will make its first shipment of seamless pipes to state oil giant Saudi Aramco in the coming two weeks.
The plant, which will produce 400,000 tonnes per year of seamless pipes – used in oil and gas drilling – is located in Jubail on the Gulf coast.
Jesco is 51 percent owned by Saudi Industrialization and Energy Services Co (Taqa). Taqa was established in 2003 and acts as a project developer and is involved in oil and gas exploration and drilling.
The firm started trial production in December.
Jesco said in an emailed statement that other orders have also been placed for the United States. It did not provide further details.
Taqa said in a separate statement its affiliate Saipem Taqa Al-Rushaid Fabricators Company Ltd (STAR) has completed the construction of two offshore platforms.
STAR is 60 percent-owned by Taqa Al-Rushaid for Marine works co. Ltd. (TAM) while Italy’s Saipem owns the rest. (Reuters)
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