Search by Popular Categories


  • Consumer

  • Commercial

  • Construction

  • Industrial

  • Oil & Gas

  • DIAMOND SPONSOR

INDUSTRIAL NEWS

Baker Hughes, Sabic deal for asset performance services

Sep 22, 2021 10:20 AM

Bently Nevada a Baker Hughes business and Saudi Basic Industries Corporation (Sabic) have announced a strategic framework alliance agreement for the supply of asset performance management services. This...

Bently Nevada, a Baker Hughes business, and Saudi Basic Industries Corporation (Sabic), have announced a strategic framework alliance agreement for the supply of asset performance management services.  
 
This five-year alliance includes the delivery of Bently Nevada’s plant-wide condition monitoring and machine asset protection services across 1,200+ assets at 16+ Sabic sites in Saudi Arabia.
 
Bently Nevada provides critical plant-wide asset health monitoring, analytics and data protection for industrial customers worldwide.  The alliance with Sabic will deliver localised maintenance, support, and more streamlined, assured access to Bently Nevada’s full suite of hardware, software and services, including the System 1 platform.  With more than 10,000 installations in over 90 countries, System 1 is a key enabler of digital transformation for industry and delivers operational efficiencies, extends asset lifecycles, and reduces non-productive downtime, said a statement.
 
“This is a great example of the value this strategic collaboration brings for both parties, driving cost optimization and manufacturing excellence,” said Abdullah Al Garni, Sabic’s Vice President, Global Procurement Services. “Our affiliates can utilise Bently Nevada’s strong track record in the domain of condition monitoring which will help boost Sabic’s asset management strategy while delivering local support, and knowledge transfer to our staff.”
 
“This alliance ensures Sabic will benefit from local in-country support and timely access to critical industrial asset performance management solutions to drive reliable, efficient operations,” said Ed J Boufarah, Vice President of Bently Nevada. “Baker Hughes continues to invest for growth and we are committed to developing the latest technologies and delivering deep domain expertise that will help SABIC strategically manage its assets.”
 
Work under the alliance will begin in October 2021 and will be implemented by local talent to enrich knowledge and expertise locally, said the statement. – TradeArabia News Service
 
Click Here!
Click Here!

Premium Partners - industrial

INDUSTRIAL NEWS

Saudi Arabia’s mineral wealth to top $2.5trn Apr 19, 2024 12:29 PM

Saudi Arabia s abundant mineral wealth estimated at SR9.4 trillion...

Sabic, partners launch first electrically heated cracking furnace Apr 19, 2024 12:12 PM

Sabic BASF and Linde have launched the world s first experimental...

Gulf Print & Pack to be launched in Saudi Arabia early next year Apr 18, 2024 17:13 PM

Labelexpo Global Series has announced the launch of Gulf Print &...

Haramain High-Speed rail transports over 1m travellers in Ramadan Apr 13, 2024 13:33 PM

The Saudi Arabia Railways (SAR) has announced that it has achieved...

Saudi Arabia’s industrial production index up 1%, says report Apr 11, 2024 08:00 AM

Saudi Arabia s Industrial Production Index edged up 1% in February...

Saudi Modon attracts $3.8bn industrial investments in 2023 Apr 8, 2024 19:36 PM

Saudi Authority for Industrial Cities and Technology Zones (Modon)...