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Argaam Tools
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Heavy Wall Pressure Vessels Facility
Overview
Establishing a facility in Jubail Industrial City to produce heavy wall pressure vessels. The 120,000-square-meter facility aims to produce vital equipment for many industries, including electric power, and oil and gas. The project is a joint venture between Aramco and Larsen & Toubro (L&T).
Project Information
Industry
- Industrial Manufacturing > Machinery and Equipment
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Saudi Arabia
Jubail
Jubail Industrial City
Announced
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- In Q4 2021, the company announced the signing of a memorandum of understanding (MoU) with L&T to build the facility, expecting the production to start in Q3 2022.
- Commercial operation was expected to start in Q3 2022, but no developments have yet been announced.
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Owners
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Name
Role
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Project Developments
Overview of key delayed projects, expansions of Saudi-listed firms in 2022Argaam Special03/01/2023
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