VOL. XXXIV

NO. 34

27-MAY-1991

Saudi Arabia

Saudi Arabia Licenses New Construction Company for the Oil Industry

The Saudi Ministry of Industry and Electricity has issued a license for a newjoint venture to engage in major marine construction activities related to oiland gas in the offshore areas of Saudi Arabia. The company, which is head-quartered in Saudi Arabia's Eastern Province, will install and operate marinefacilities for the oil industry, including the construction of platforms and the...